United States

Corporate Crime

Hack of Wall Street regulator rattles investors, lawmakers


WASHINGTON Wall Street's top regulator came under fire on Thursday over its cyber security and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading. | Video

Brazil police formally accuse JBS Batista brothers of insider trading

SAO PAULO Brazil's federal police on Thursday formally asked prosecutors to bring charges against brothers Wesley and Joesley Batista, the owners of meatpacker JBS SA , for insider trading.

1:22pm EDT

Pfizer files suit against J&J over Remicade contracts

Drugmaker Pfizer Inc on Wednesday filed a lawsuit against Johnson & Johnson , saying its rival's contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales of Pfizer's new biosimilar.

Sep 20 2017

Waymo seeking $2.6 billion from Uber for one trade secret: lawyer

SAN FRANCISCO Alphabet Inc's Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars, a lawyer for Uber said on Wednesday.

Sep 20 2017

At Deutsche Boerse, time and support dwindle for CEO Kengeter

FRANKFURT Support for Deutsche Boerse CEO Carsten Kengeter on the exchange group's supervisory board is weakening as investigations into insider trading allegations drag on, according to a person with knowledge of the matter.

Sep 20 2017

Veon must face lawsuit over bribery disclosures: U.S. judge

NEW YORK A U.S. judge said Veon Ltd shareholders may pursue much of a lawsuit accusing the multinational phone company once known as VimpelCom of inflating its share price by concealing a bribery scheme in Uzbekistan and overstating its financial controls.

Sep 19 2017

Massachusetts sues Equifax as hack concerns spread to Canada

Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc following a breach that exposed the personal data of up to 143 million people, including 3 million in the state. | Video

Tech, Cybersecurity Sep 19 2017

Brazil's BNDES lambasts JBS CEO switch, seeks family's removal

RIO DE JANEIRO/SAO PAULO JBS SA's decision to replace the Brazilian company's jailed chief executive with his father was a sign of "deviousness" and should be investigated, the head of state development bank BNDES, the company's second-largest shareholder, said on Monday.

Brazil, Campaign Finance Sep 18 2017

Airbus challenges Austrian allegations over Eurofighter deal

VIENNA Airbus denied any wrongdoing in a submission on Monday to Austrian prosecutors investigating allegations of fraud and willful deception over a $2 billion fighter deal and threatened the country's defense minister with legal action.

Lawsuit accuses Google of bias against women in pay, promotions

Three female former employees of Alphabet Inc's Google filed a lawsuit on Thursday accusing the tech company of discriminating against women in pay and promotions.

Sep 14 2017