Corporate Crime
Ex-Kleiner partner wants day in court in discrimination lawsuit
SAN FRANCISCO - A high profile sex discrimination lawsuit in Silicon Valley should be taken private via arbitration, lawyers for venture capital firm Kleiner Perkins Caufield & Byers argued on Wednesday, but the plaintiff, former partner Ellen Pao, wants the chance to tell her story before a judge.
AIRSHOW-Cyber threats and leaks spur increased security focus
PARIS, June 19 - Increased cyber espionage by China and recent leaks by a contractor working at the National Security Agency have put a sharp focus on cybersecurity for aerospace and defence companies showing off their wares at this year's Paris Airshow.
Switzerland buries U.S. tax law, banks seen at risk
BERNE - Swiss lawmakers dealt a death blow on Wednesday to a draft law which aimed to protect the country's banks from criminal charges in the United States for helping wealthy Americans evade tax.
Britain says reckless bankers could face jail
LONDON - Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back, according to proposals backed by Britain's prime minister on Wednesday.
German cartel court takes on Porsche lawsuit: source
BERLIN - A German court has assigned an investor lawsuit seeking about 2 billion euros ($2.7 billion) in damages from Porsche SE to a court specializing on cartel matters, a person familiar with the matter told Reuters.
UK charges ex-UBS trader Hayes in Libor investigation
LONDON - Britain's fraud prosecutor on Tuesday charged former UBS trader Tom Hayes with eight counts of conspiracy to defraud, as part of a global investigation into the manipulation of benchmark interest rates.
UPDATE 2-UK charges ex-UBS trader Hayes in Libor investigation
LONDON, June 18 - Britain's fraud prosecutor on Tuesday charged former UBS and Citigroup trader Tom Hayes with eight counts of conspiracy to defraud as it laid the groundwork for what could be the first Libor trial.
UK charges ex-UBS trader Hayes in Libor investigation
LONDON, June 18 - Britain's top fraud prosecutor said on Tuesday it had charged former UBS trader Tom Hayes with eight counts of conspiracy to defraud in connection with an investigation into benchmark interest rate manipulation.
Court appoints lead plaintiff in shareholder lawsuit against SAC
- A New York court designated a pension fund as the lead plaintiff in a lawsuit filed by shareholders of Elan Corp against SAC Capital, a court filing showed, as the hedge fund continued to face varied legal challenges over insider-trading charges.
Sprint files lawsuit against Dish and Clearwire
- Sprint Nextel Corp has filed a lawsuit against Dish Network Corp and Clearwire Corp to prevent the completion of Dish's offer for Clearwire's shares.
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