Ashbury Heights accuses former data partner of misusing intellectual property A legal dispute in San Francisco is shedding light on the secret tools that some of the biggest quantitative ... Read More
Technology giant Hewlett-Packard has agreed to pay $100m (£65m) to some of its shareholders to settle a claim over its ill-fated acquisition of Autonomy. Dutch pension fund manager PGGM ... Read More
Bank of New York Mellon Corp will pay $180 million to settle a foreign exchange-related putative class action lawsuit, the bank said in a regulatory filing on Thursday. The ... Read More
Ericsson AB said it sued Apple Inc. in three countries as it ratcheted up a global licensing battle between the companies. The suits in Germany, the U.K. and the ... Read More
Russian energy giant Gazprom is suing Ukraine’s state gas company Naftogaz for nearly $24 billion amid a long-running gas pricing dispute between the two countries, according to a report published on the Naftogaz website. ... Read More
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the ... Read More
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook ... Read More
Ernst & Young LLP will pay $10 million to settle a New York lawsuit accusing the accounting firm of helping Lehman Brothers Holdings Inc deceive investors in the years ... Read More
The Dubai Financial Services Authority (“DFSA”), announced, that it has fined the DIFC branch of Deutsche Bank AG (“DBDIFC”), USD $8,400,000 (AED 30,849,000) for serious contraventions. Those contraventions include ... Read More
Noble Group Ltd., Asia’s largest commodity trader by revenue, sued a credit analyst it says it fired in 2013 for conspiracy to injure the company by anonymously spreading false ... Read More
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