TORT LAW

Britain plans to update laws on defamation dating back to the 19th century to make them more suitable for the Internet age, the ministry of justice said on Wednesday.

A U.S. judge delayed the trial of a former Credit Suisse Group AG employee on securities fraud charges to await the return on Monday of a co-defendant who fled to Spain.

Hedge fund swindler Samuel Israel was ordered to serve two more years behind bars on Wednesday for a wild escapade in which he faked his own death in an attempt to avoid a 20-year prison sentence.

Hedge fund swindler Samuel Israel was ordered to serve two more years behind bars on Wednesday for a wild escapade in which he faked his own death in an attempt to avoid a 20-year prison sentence.

South Africa financial and law enforcement agencies are investigating a suspected corporate fraud case, worth up to $1.2 billion, the Financial Intelligence Center, tax authorities and Reserve Bank said in a joint statement on Sunday.

A former partner at accounting firm Ernst & Young LLP was guilty of securities fraud for an insider trading scheme but not guilty of conspiracy charges, a U.S. jury ruled on Friday.

U.S. Attorney General Eric Holder said on Thursday he was considering forming a financial fraud task force and advocated a more comprehensive view of the causes behind the U.S. economic crisis.

Vogue model Liskula Cohen is suing Google with a defamation suit over a blog post hosted by the search engine that describes her as a skank and and old hag, reported the New York Daily News.

An international crackdown on Internet financial scams this year has yielded more than $2.1 billion in seized fake checks and 77 arrests in the Netherlands, Nigeria and Canada, U.S. and other authorities said on Wednesday.