A British man pleaded guilty on Thursday to committing mail and wire fraud in an investment scam selling worthless stocks of dormant and sham U.S. companies that bilked investors of more than $40 million.
A former Apple Inc employee pleaded guilty to multiple criminal counts after being accused of taking kickbacks from Asian suppliers. Paul Devine, who worked at the iPhone maker as a global supply manager, was accused of using his position to pass confidential information to help suppliers negotiate favorable contracts with Apple.
A U.S. regulator charged three former directors of a military contractor with involvement in a massive accounting fraud, after a jury had convicted the company's founder of orchestrating the $190 million scheme.
Michael Lewis, best-selling author of The Big Short about the mortgage meltdown, has been sued for defamation by an asset manager featured in the book.
An appellate court in Texas has affirmed the dismissal of a defamation suit filed by an Austin-based neurosurgeon against a local television station, ruling that accurate and fair reports on third-party allegations do not amount to defamation.
A Maine judge has upheld a jury verdict that awarded $7.3 million in damages to a businessman who has accused a law firm of causing him emotional distress.
A judge in the U.S. has thrown David Beckham's $25-million libel lawsuit against In Touch, an entertainment magazine that claimed the soccer superstar has cheated on his wife several times by seeing a prostitute.
Five Hollywood studios are suing a website that streams movies, accusing it of copyright infringement on a massive scale.
Free internet porn is not illegal and is not competing with other premium websites, who charge a bomb to have access to premium sites, according to a California Appeals Court, which has dismissed a case against one free site, Redtube.com, as an unfair attack on free speech.
BlackBerry maker Research In Motion on Thursday said there was no possibility of providing India access to corporate emails on BlackBerry devices.
The most important factor in terms of security is protecting the account from threats like viruses, malware and hackers. Although Facebook uses complex systems that operate behind the scenes to protect the account, it does not mean your account is fully protected.
The Department of Justice was reprimanded today by the U.S. Congress for suggesting the necessity of the Internet Data Retention legislation, which if passed would require Internet Service Providers (ISPs) to preserve records of user activity longer, but failing to provide more details on how it could aid in criminal investigations.
A Massachusetts-based lawyer, who was suspended for defrauding 10 mortgage lenders of more than $10.6 million, has been sentenced to 12 years in prison.
Google released a new Keep my opt-out extension for its Chrome browser in an attempt to uphold the users right to be left alone even as its competitor Mozilla added a do-not-track feature to allow users to bar third-party, advertsing targeted tracking.
Police questioned former banker Rudolf Elmer on Thursday over possible fresh breaches of Swiss bank law for giving data to WikiLeaks this week, a day after he was found guilty of violating bank secrecy.
Swiss police on Wednesday arrested former banker Rudolf Elmer on fresh charges of breaching Swiss bank secrecy law for giving data to WikiLeaks, hours after he was found guilty of another secrecy offense.
The two hackers arrested in connection with hacking into AT&T's database of iPad 3G email addresses will have a tough time proving they weren't acting maliciously, according ot a least one legal expert.
After making changes to its third-party data access function, Facebook does a u-turn and rescinds the new feature.
Sony has filed several documents with the courts in California in an effort to show that the courts there have jurisdiction over a hacker who publicized a jailbreak for the Playstation 3 console.
A California court today asked that Sony show it has jurisdiction over the hacker who publicized a jailbreak for the Playstation 3 console.
Two senators, armed with a new report on piracy and counterfeiting in China, urged Beijing on Monday to step up efforts to protect American movies, software and other goods from illegal copying.
Medical malpractice liability costs the U.S. healthcare system more than $55 billion a year, most of it in defensive medical practices such as extra tests and scans, according to a report released on Tuesday.
