AUG
9
2012

Gu Kailai didn´t contest charge of murdering U.K. businessman

Gu Kailai, the wife of ousted Chinese Politburo member Bo Xilai, didn´t contest a murder charge against her that she poisoned a British businessman in his hotel room, a court official said after the trial was adjourned.

AUG
9
2012

Former employee sues Infosys

Infosys Ltd. said Thursday a former employee has sued the outsourcing-services provider in the U.S. over alleged abuse of visa rules, deepening the Indian company´s legal troubles in a market that accounts for most of its revenue.

AUG
9
2012

New York court denies Porsche SE end to hedge fund suit

A New York state court rejected a motion by Porsche Automobil Holding SE to dismiss a $1.4 billion-plus lawsuit brought by 26 hedge funds alleging fraud and unjust enrichment stemming from the company´s trading in Volkswagen voting shares in 2008, Porsche said late on Wednesday.

AUG
9
2012

Blackwater agrees to settle federal criminal charges

The US Department of Justice - DOJ announced on Tuesday that private security contractors Blackwater, now known as Academi, agreed to settle several federal criminal charges dealing with export and firearm violations.

AUG
9
2012

Ukraine president passes Russian language bill

Viktor Yanukovych makes Russian the official language in parts of the country despite street protests in capital.

AUG
9
2012

South Korea court delays Samsung-Apple ruling

A South Korean court´s last-minute decision to postpone a verdict in its corner of the global patent battle between Samsung Electronics Co. and Apple Inc. raised eyebrows and sparked gossip in legal and tech circles around Seoul Thursday afternoon.

AUG
8
2012

Apple says Samsung document shows application icons copy iPhone

Apple Inc. alleged that Samsung Electronics Co. changed the design of its smartphone icons to resemble those on the iPhone, supporting its claim with an internal Samsung document presented to a jury in California.

AUG
8
2012

Columbia University fraud suspects found guilty by jury

Four men accused of the theft of more than $5 million from New York´s Columbia University were convicted of all counts against them after a jury trial, Manhattan District Attorney´s Cyrus Vance Jr.´s office said.

AUG
8
2012

FAA may seek to fine American Airlines over safety

Federal authorities have notified a court handling the bankruptcy of American Airlines parent AMR Corp that they may seek penalties totaling more than $162 million against the airline for safety breaches.

AUG
8
2012

Tucson gunman pleads guilty to murder, attempted murder

Jared Loughner pleaded guilty on Tuesday to killing six people and wounding 13 others, including then-U.S. Representative Gabrielle Giffords, in an Arizona shooting rampage last year, and will be spared the death penalty in exchange.

AUG
8
2012

Pfizer settles federal bribery investigation

Pfizer Inc. will pay $60.2 million to settle a federal investigation into bribery overseas, in the latest deal by a big drug maker trying to move past a U.S. government crackdown on using illegal payoffs to win international business.

AUG
8
2012

Marvin Wilson execution goes ahead in Texas

Lawyers fail in supreme court bid to have death sentence commuted on grounds of mental impairment.

AUG
8
2012

ABA names Chicago woman lawyer as president, NYer as president-elect

The American Bar Association on Tuesday named Chicago attorney Laurel Bellows to a one-year term as its president.

AUG
7
2012

Megaupload home raid queried as ´over the top´ by police

A New Zealand police officer overseeing plans for a raid on the home of Kim Dotcom, the Megaupload.com website founder, questioned whether the use of helicopters was "over the top," according to court testimony.

AUG
7
2012

Ex-UBS executive told colleague to forget rigged deal

A former UBS AG municipal-bond executive told an ex-colleague to forget about a transaction as they discussed how to handle an expanding government probe of bond bid rigging, the second man testified at trial.

AUG
7
2012

Standard chartered falls most in 24 years on Iran probe

Standard Chartered Plc fell the most in almost 24 years as an analyst estimated it may face costs of $5.5 billion after being accused of violating U.S. money laundering laws over its dealings with Iranian banks.

AUG
7
2012

D.C. judge upholds convictions of seven men in 1984 murder

In a closely watched case, a District of Columbia Superior Court judge today upheld the convictions of seven men charged in the 1984 murder of Catherine Fuller.

AUG
7
2012

Judge in Arizona mass shooting case to ponder competency, change of plea for Loughner

Reaching a plea agreement for the suspect in the deadly Tucson, Ariz., mass shooting is just one step.

AUG
7
2012

Proposed privacy law demands court warrants for cloud data

Two Democratic congressmen are proposing sweeping changes to a U.S. privacy law that for the first time would require the government to obtain a probable-cause warrant to access data stored in the cloud.

AUG
7
2012

NYSE in talks with SEC to settle data probe

The New York Stock Exchange said on Monday it is in talks with U.S. securities regulators to settle allegations the exchange violated rules intended to promote fair competition.

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