Vanguard To Pay Millions To Mutual Fund Investors Hit With Big Tax Bills
Vanguard Group, the largest mutual fund company, on Wednesday reached a $6.25 million settlement to resolve regulatory charges it failed to warn many fund investors that they would face surprisingly big tax bills.
Former Archegos Employee Sues For Millions In Lost Pay, Cites 'Toxic' Culture
A former managing director at Archegos Capital Management LP has sued the private investment firm and its indicted founder Bill Hwang, claiming a loss of tens of millions of dollars when the firm collapsed, causing huge losses for banks.
R. Kelly Sues Brooklyn Jail For Putting Him On Suicide Watch
R. Kelly on Friday sued the Brooklyn jail that has housed him since his racketeering and sex crimes conviction, saying it wrongly put him on suicide watch after he received a 30-year prison sentence despite knowing he was not suicidal.
Archegos Urges Dismissal Of Two U.S. Regulators' Lawsuits Over Collapse
Archegos Capital Management LP has urged a Manhattan federal judge to dismiss lawsuits by two U.S.
Former Top Apple Lawyer Pleads Guilty To Insider Trading
The former top corporate lawyer at Apple Inc pleaded guilty on Thursday to insider trading charges, for what prosecutors called a five-year scheme to trade ahead of the iPhone maker's quarterly earnings announcements.
Enjoy Technology, Led By Ex-Apple And JC Penney Executive Johnson, Files Bankruptcy
Enjoy Technology Inc, a Silicon Valley retailer led by former Apple Inc and JC Penney Co executive Ron Johnson, filed for bankruptcy protection on Thursday, fewer than nine months after going public through a special-purpose acquisition company (SPAC).
Supermarket Chain Wegmans Settles With New York Over Data Breach
The supermarket chain Wegmans agreed to pay $400,000 and upgrade its security practices over a data breach that exposed personal information of more than 3 million consumers nationwide, New York Attorney General Letitia James said on Thursday.
New York State, City Target Ghost Gun Sellers In Lawsuits
New York state and New York City sued 10 distributors of gun components to stop the sale of illegal, largely untraceable "ghost guns" that they say make the streets more violent.
Whole Foods Workers Lose Appeal Over 'Black Lives Matter' Masks
A U.S. appeals court said Whole Foods employees cannot sue the upscale grocery chain or its parent Amazon.com Inc after being sent home without pay or disciplined for wearing Black Lives Matter face masks on the job.
Uber Ex-security Chief Accused Of Hacking Coverup Must Face Fraud Charges, Judge Rules
A federal judge on Tuesday said a former Uber Technologies Inc security chief must face wire fraud charges over his alleged role in trying to cover up a 2016 hacking that exposed personal information of 57 million passengers and drivers.
R. Kelly Seeks 10 Years In Prison, The Minimum, As Sentencing Looms In Sex Case
R. Kelly deserves no more than 10 years in prison despite his conviction for scheming over decades to recruit women and girls for sex, reflecting how history as an abused child may have led to his adult "hypersexuality," the R&B singer's lawyer said.
Hershey, Nestle, Cargill Win Dismissal In U.S. Of Child Slavery Lawsuit
A federal judge in Washington, D.C. on Tuesday dismissed a lawsuit by eight citizens of Mali who sought to hold Hershey Co, Nestle SA, Cargill Inc and others liable for child slavery on Ivory Coast cocoa farms.
Ghislaine Maxwell Put On Suicide Watch, May Seek Sentencing Delay, Lawyer Says
Ghislaine Maxwell has been put on suicide watch at a Brooklyn jail, and may seek to delay her Tuesday sentencing for aiding Jeffrey Epstein's sexual abuse of underage girls, her lawyer said on Saturday night.
Ghislaine Maxwell Seeks To Curb Accusers' Testimony At Sentencing
Ghislaine Maxwell urged a U.S. judge not to admit testimony from four female accusers at her sentencing next Tuesday for aiding the financier Jeffrey Epstein's sexual abuse of underage girls.
Bristol Myers Must Face $6.4 Billion Lawsuit Over Delayed Cancer Drug
A U.S. judge on Friday refused to dismiss a $6.4 billion lawsuit accusing Bristol Myers Squibb Co of delaying its Breyanzi cancer drug to avoid payments to shareholders of the former Celgene Corp, which the drugmaker bought for $80.3 billion in 2019.
Walgreens Reaches $105 Million Settlement With Shareholders
Walgreens Boots Alliance Inc agreed to pay $105 million to settle a long-running class-action lawsuit accusing it of misleading shareholders about how rising generic drug prices and reimbursement pressures would hurt its pharmacy business.
Cisco Wins Reversal Of $2.75 Billion Damages Award Because Judge's Wife Owned Stock
A U.S. appeals court on Thursday threw out a more than $2.75 billion award against Cisco Systems Inc, saying the trial judge should have disqualified himself after learning that his wife owned Cisco stock.
Donald Trump Likely No Longer In Contempt, New York Attorney General Says
Donald Trump is likely no longer in contempt of court for failing to comply with a subpoena in a New York civil probe into the former U.S.
Michael Avenatti's Remaining Criminal Charges To Be Dropped After Guilty Plea
U.S. prosecutors decided not to pursue the rest of their criminal case against Michael Avenatti, clearing the way for the brash lawyer who represented porn actress Stormy Daniels in legal battles against Donald Trump to be sentenced for a third and perhaps final time.
Fox News Parent Must Face Defamation Lawsuit Over Election Coverage
A Delaware judge on Tuesday rejected a motion by the parent of Fox News Network to dismiss Dominion Voting Systems Inc's $1.6 billion defamation lawsuit over the network's 2020 presidential election coverage.
Buffett's Dairy Queen Loses Lawsuit Over 'Blizzard' Name
A federal judge ruled that Dairy Queen cannot stop W.B.
U.S. EPA Ordered To Reassess Glyphosate's Impact On Health, Environment
The U.S. Environmental Protection Agency was ordered by a federal appeals court on Friday to take a fresh look at whether glyphosate, the active ingredient in Bayer AG's Roundup weed killer, poses unreasonable risks to humans and the environment.
Bidding Tops $13.1 Million For Warren Buffett Charity Lunch
Someone has bid more than $13.1 million at an online auction to win a final, private lunch with billionaire businessman Warren Buffett to benefit a charity that helps the poor, homeless and people battling substance abuse.
Warren Buffett Charity Lunch Fetches Winning Bid Of $19 Million
A lucky, and likely wealthy, person bid more than $19 million to dine with Warren Buffett, in the 21st and final time that the billionaire businessman auctioned a private lunch to benefit a San Francisco charity.
Warren Buffett Charity Lunch Fetches Record Winning Bid Of $19 Million
A wealthy person has bid a record $19 million to eat lunch with Warren Buffett, in the 21st and final time that the billionaire businessman auctioned a private lunch to benefit a San Francisco charity.
Elon Musk Sued For $258 Billion Over Alleged Dogecoin Pyramid Scheme
Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.
Tanker Owner Owes $44.6 Million Over 2017 Fatal Crash With U.S. Navy Destroyer--judge
A U.S. judge on Wednesday said the owner of an oil tanker must pay the United States $44.6 million over its role in a 2017 collision between the tanker with a U.S.
Unilever Shareholder Sues Over Ben & Jerry's Israel Boycott
Unilever Plc was sued on Wednesday by a U.S. shareholder who said the company mishandled the decision by its Ben & Jerry's unit to stop selling ice cream in Israeli-occupied Palestinian territories.
Trump Cannot Avoid Testifying In New York Probe, State's Top Court Rules
Donald Trump failed to persuade New York's highest court to halt depositions in a state probe into his family real estate business, clearing the way for the former U.S.
Rudolph Giuliani Sues Smartmatic To Recoup Legal Fees In Fox News Lawsuit
Rudolph Giuliani has sued Smartmatic to recoup legal fees as he defends against its $2.7 billion lawsuit accusing him, Fox News Network and others of falsely claiming that the company helped rig the 2020 U.S.