COURT

Bond fund manager Jeffrey Gundlach testifies in court in Los Angeles

At trial, Gundlach describes bad vibes from SocGen exec

Star bond fund manager Jeffrey Gundlach did not instruct anyone to copy analytic systems from his former employer, Trust Company of the West, but did devise a "defensive plan" in the event he would be fired, he testified in court.

Investor Gundlach feared his new firm would fail

IBTimes Logo
Jeffrey Gundlach thought it was "quite likely" that DoubleLine Capital, the firm he launched after being fired by his former employer, was going to fail six months after its formation, he said in court.
More news
U.S. Universal Health Care Act

Will U.S. Supreme Court Strike Down U.S. Universal Health Insurance Program?

The 2010 U.S. Health Care Act could hinge on the votes of two justices, Chief Justice John Roberts (front center), and Justice Anthony Kennedy (front, second from right). Roberts on occasion refuses to join the court's conservative bloc; Kennedy has been one of the justices most protective of state power vs. the federal government.
Malawi

Some Malawi groups could pull out of protests

Some leading Malawi rights groups said on Tuesday they could pull out of mass demonstrations scheduled for this week against President Bingu wa Mutharika as they await a court decision on whether the rallies would be legal.
Facebook Beats Apple as ‘Worst Dress’ in Silicon Valley, Zuckerberg MVP

Facebook Lawyers Prove Ceglia's Contract Was Fabricated: Court Filing

Paul Ceglia, the wood pellet salesman from New York claiming he was a founder of Facebook along with Mark Zuckerberg, filed a lawsuit against Zuckerberg in 2010, alleging that they have signed a contract in 2003 that entitled Ceglia to half the company. A court filing on Monday suggests that an authentic contract found embedded in electronic data on Mr. Ceglia's computer did not mention Facebook at all. All it had was a company called Street Fax that Mr. Ceglia reportedly owned.
Roddick of the U.S. hits a return to Kohlschreiber of Germany during their first round match of the Cincinnati Open tennis tournament in Cincinnati

Roddick Loses Cool in Kohlschreiber Upset

An angry and frustrated Andy Roddick lost his cool as he crashed out of the Cincinnati Open in the first round on Monday, suffering a three-set loss to 47th-ranked German Philipp Kohlschreiber.
Facebook founder and CEO Mark Zuckerberg

Facebook Finds no Facebook in Celgia Contract

Facebook says it has found the ?authentic contract? that seeks half ownership of Facebook, signed by Mark Zuckerberg and Paul Ceglia the New York man who sued Facebook in July 2010.
A model holds a Samsung Electronics' new tablet 'Galaxy Tab 10.1' during its launch ceremony at the firm's headquarters in Seoul

How Samsung Galaxy Tab 10.1 Cheated Apple's Ban?

Samsung in the Netherlands is rolling out Galaxy Tab 10.1, which is otherwise banned in Europe after Apple won an injunction against Samsung for violating its intellectual rights to its iPad.
IBTimes Logo

Obama Healthcare Law: Two Justices May Decide Fate

The legal fate of President Barack Obama's signature healthcare law will likely come down to two Republican appointees on the U.S. Supreme Court -- Chief Justice John Roberts and Justice Anthony Kennedy.
Solar cells for a solar energy panel

Evergreen Solar files for bankruptcy

U.S. solar company Evergreen Solar Inc filed for bankruptcy on Monday, its once cutting-edge technology falling victim to competition from cheaper Chinese rivals and to solar subsidy cuts in Europe.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.