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Why insider traders are big targets for prosecution

Jul 2, 2012
The brother of Bernie Madoff pleaded guilty on Friday and he's looking at 10 years in prison. But why are there so many insider trading prosecutions, but hardly any other prosecutions of the big fish on Wall Street?
Posted In: legal, insider trading, Raj Rajaratnam

New settlement comes out of Madoff Ponzi scandal

Jun 25, 2012
There's a new settlement related to the Bernie Madoff Ponzi scheme. It's about a money manager named Ezra Merkin, who has agreed to pay more than $400 million dollars to his former customers who lost billions when he invested their money with Madoff.
Posted In: Bernie Madoff, legal, settlement

The potential threat to Pinterest users

Mar 15, 2012
The growing social network addresses copyright issues.
Posted In: Pinterest, copyright, legal, Internet

R. Allen Stanford convicted for Ponzi scheme

Mar 7, 2012
A Federal Jury in Texas has convicted Allen Stanford of defrauding investors to the tune of $7 billion in a Ponzi scheme.
Posted In: ponzi, banking, legal

Mid-day Extra: Laws schools sued over job placement numbers

Feb 2, 2012
A number of law schools across the country are being sued by former students who claim they inflated the numbers on post-graduate job placement.
Posted In: Law, Education, legal, Admissions

Criminal charges expected for ex-Credit Suisse traders

Feb 1, 2012
The government is expected to file criminal charges today against two former traders at the investment bank Credit Suisse for allegedly misstating the value of mortgage bonds back in 2008.
Posted In: Credit Suisse, financial crisis, legal

Federal prosecutors target former Credit Suisse traders

Feb 1, 2012
Prosecutors are expected to file criminal charges against traders from Credit Suisse for inflating the value of mortgage bonds back in 2008. Why it has taken so long for these charges to be filed?
Posted In: Credit Suisse, legal, financial crisis

Netflix pushing to update video privacy law

Jan 31, 2012
It's currently against the law for Netflix to share your rental history. Today, Netflix is pushing to change that, saying the law is now outdated.
Posted In: legal, netflix

BP oil engineers could face felony charges

Dec 29, 2011
The U.S. government could soon bring criminal charges against some BP employees in the company's huge 2010 oil spill in the Gulf of Mexico.
Posted In: BP, Oil, oil companies, legal

Mortgage settlement hikes the cost of Countrywide

Dec 22, 2011
Bank of America will pay $335 million to settle mortgage discrimination charges against Countrywide Financial.
Posted In: Bank of America, Countrywide, legal, subprime

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