Corporate Crime
Judge approves Citigroup $590 million settlement
NEW YORK - A federal judge gave final approval Thursday to a $590 million settlement by Citigroup Inc that resolves a shareholder lawsuit accusing the bank of hiding tens of billions of dollars of toxic mortgage assets.
Icahn sues Dell in latest attempt to foil buyout
- Activist investor Carl Icahn filed a lawsuit on Thursday to try to block Dell Inc from setting a new record date ahead of a crucial shareholders' vote, raising the stakes in a battle to derail a $24.4 billion buyout of the world's No. 3 PC maker.
U.S. court ends Pemex bribery case against Siemens, SK Engineering
- A U.S. federal judge has dismissed a $500 million lawsuit brought by state-owned Mexican oil company Pemex against Siemens AG and a South Korean company that claimed the defendants bribed Pemex officials to secure oil refinery projects in Mexico.
U.S. court ends Pemex bribery case against Siemens, SK Engineering
- A U.S. federal judge has dismissed a $500 million lawsuit brought by state-owned Mexican oil company Pemex against Siemens AG and a South Korean company that claimed the defendants bribed Pemex officials to secure oil refinery projects in Mexico.
UPDATE 2-Ex-NCAA athletes score court victory over EA video games
July 31 - A divided U.S. federal appeals court rejected Electronic Arts Inc's effort to throw out a lawsuit by former collegiate athletes who accused the company of using their images in video games without permission.
No proof of bribery in Monte Paschi Antonveneta deal: prosecutor
SIENA - Italian prosecutors investigating Monte dei Paschi's costly acquisition of a smaller rival in 2007 have found no evidence that bribery was involved, they said on Wednesday.
JP Morgan under investigation in Monte Paschi probe: document
SIENA/MILAN - Italian prosecutors probing Monte dei Paschi's 2007 acquisition of a smaller rival are investigating U.S. investment bank JP Morgan over an alleged crime committed by one of its employees, according to a prosecutors' document.
UPDATE 2-JP Morgan under investigation in Monte Paschi probe-document
* U.S. bank probed over alleged crime by employee-document
JP Morgan says acted correctly in Monte Paschi case
MILAN - U.S. investment bank J.P. Morgan , which is being investigated by Italian prosecutors probing Monte dei Paschi's purchase of a smaller rival, said on Wednesday it and its employees acted correctly at all times.
Italian prosecutors investigating JP Morgan in Monte Paschi probe-document
SIENA, Italy, July 31 - Italian prosecutors probing Monte dei Paschi's 2007 acquisition of a smaller rival are investigating U.S. investment bank JP Morgan in relation to a crime they allege was committed by one of its employees, according to a prosecutors' document.

