JUL
4
2012

Judge rules against SEC in Stanford claims case

A federal district judge on Tuesday delivered a blow to the victims of Allen Stanford´s $7 billion Ponzi scheme, rejecting a request for an industry-backed fund to start a court proceeding that could lead to victim compensation.

JUL
4
2012

Barclays three top leaders quit amid Bank of England dispute

Barclays Plc´s top three executives resigned amid a deepening dispute about whether the Bank of England pushed the lender to submit artificially low Libor rates during the financial crisis.

JUL
4
2012

JPMorgan probed over potential power-market manipulation

JPMorgan Chase & Co. is being investigated by the Federal Energy Regulatory Commission over potential power-market manipulation, according to documents provided by the Washington-based agency.

JUL
4
2012

DA gets to see occupy tweets

Twitter Inc. must turn over messages posted by an Occupy Wall Street protester, a Manhattan judge ruled on Monday, another move toward giving law-enforcement agencies broad access to comments made on social media.

JUL
4
2012

Nicolas Sarkozy´s home raided by French police

Detectives investigating alleged illegal campaign-financing by L´Oreal heir Liliane Bettencourt search Carla Bruni´s mansion.

JUL
4
2012

Judge clears Kodak to place patents on the auction block

Eastman Kodak Co. received the go-ahead to auction off its valuable trove of digital patents in a contest that will take place behind closed doors and lacks a court-sanctioned lead bidder.

JUL
3
2012

Judge asks for more briefing in retooled gender bias suit against Wal-Mart

Judge Charles Breyer said Monday he needed to hear from the attorneys in Dukes v. Wal-Mart at least one more time before he rules on the proposed gender bias class action, possibly breathing new life into a case he was expected to dismiss.

JUL
3
2012

Samsung loses bid to lift ban on U.S. tablet sales

A U.S. judge on Monday rejected a request by Samsung Electronics Co. to lift a ban on U.S. sales of its Galaxy Tab 10.1, dealing a third legal setback to the South Korean firm in just a week, as it braces for a make-or-break patent trial later this month with Apple Inc.

JUL
3
2012

Google aims to defuse European antitrust investigation with new proposal

Google sought to defuse a wide-ranging antitrust investigation in Europe on Monday with a proposal addressing claims that the company was using its power over the Internet search market to squeeze competitors in other industries.

JUL
3
2012

Microsoft writing down $6.2bn over AQuantive deal

Microsoft Corp. is taking a $6.2 billion writedown for almost the entire amount it paid for Internet-advertising company AQuantive Inc., signaling that its online division will perform worse than the company projected.

JUL
3
2012

Glaxo in $3 bn fraud settlement

GlaxoSmithKline was slapped with a $3 billion fine Monday by the U.S. Justice Department after failing to report safety data on some of the company´s most popular drugs.

JUL
3
2012

Banks seek dismissal of Libor litigation

Lawyers for 16 banks involved in setting U.S. dollar-denominated Libor rates have filed joint defense papers in New York federal court seeking to dismiss mounting antitrust litigation against them, aguing the plaintiffs have failed to make their case that banks acted together to manipulate rates.

JUL
3
2012

Barclays rate fixing scandal: Parliament to launch inquiry

David Cameron has confirmed that a full Parliamentary inquiry will be set up in the wake of the the Libor rate fixing scandal.

JUL
3
2012

Barclays CEO Robert Diamond resigns

Barclays chief executive Bob Diamond has resigned with immediate effect.

JUL
2
2012

Pressure mounts on Barclays´ Diamond over Libor scandal

Pressure mounted on Monday for Barclays Plc chief executive Bob Diamond to quit after Britain´s third biggest bank sacrificed its chairman over an interest rate rigging scandal that has dealt "a devastating blow" to its reputation.

JUL
2
2012

Heart surgeon´s spycams lead to $2m verdict

A Hartford jury awarded a Bloomfield medical assistant $2 million this week for invasion of privacy after her ex-boyfriend, a surgeon, secretly installed multiple bedroom and bathroom cameras, computer trackers and other bugs in the house they once shared.

JUL
2
2012

FTC okays Sony bid to purchase EMI´s Music publishing business

The Federal Trade Commission today announced that it has given Sony/ATV Music Publishing a green light to proceed with its acquisition of EMI´s music publishing business.

JUL
2
2012

Firms need to work harder online to get GCs´ business and attention

Hubbard One, a provider of marketing and business development software and solutions for law firms, aimed to answer a key question for outside counsel in its new report, "Building Relationships with Global General Counsel: How Firms Can Use Targeted Content and Experience to Win and Retain Business."

JUL
2
2012

Brazil law firm Angélico Advogados launches blog

São Paulo based law firm Angélico Advogados is pleased to announce the launch of its legal and business blog.

JUL
2
2012

Supreme Court allows for Janet Jackson´s boob exposure

The US Supreme Court has said it will not reinstate a $550,000 fine for Janet Jackson´s wardrobe malfunction at the Super Bowl.

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