Stay updated with breaking news from Jonathan Stempel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By Jonathan Stempel NEW YORK (Reuters) - A New York state appeals court said former ViacomCBS investors may sue Goldman Sachs, Morgan Stanley and other ...
A U.S. judge on Tuesday rejected exiled Chinese businessman Guo Wengui's bid to dismiss an indictment accusing him of defrauding thousands of investors out of more than $1 billion. U.S. District Judge Analisa Torres in Manhattan said prosecutors sufficiently alleged that Guo engaged in a pattern of racketeering through four fraud schemes, and that proving it was a matter for trial. Lawyers for Guo did not immediately respond to requests for comment after business hours.
A former pharmaceutical executive and his cousin pleaded guilty on Wednesday to insider trading in Eastman Kodak, based on tips that the company was arranging a surprise $765 million loan from...
Luxury handbag maker Coach sued Gap on Wednesday, accusing the retailer's Old Navy unit of illegally selling T-shirts emblazoned with the word Coach. In a trademark infringement lawsuit...
A former pharmaceutical executive and his cousin pleaded guilty on Wednesday to insider trading in Eastman Kodak, based on tips that the company was arranging a surprise $765 million loan from the Trump administration to make drug ingredients. Andrew Stiles and Gray Stiles each admitted to one count of securities fraud at a hearing before U.S. District Judge Ronnie Abrams in Manhattan. Both defendants were accused of buying Kodak shares in anticipation of the U.S. International Development Finan