The U.S. Supreme Court breathed new life into a False Claims Act case against Wells Fargo & Co. on Tuesday, telling the Second Circuit to take a look at former employees’ claims that the bank defrauded the federal government under the standard set in the so-called Escobar case last summer.
The Brooklyn federal judge overseeing the government’s wide-ranging FIFA corruption case on Friday refused to throw out charges against a pair of South American soccer officials, rebuffing an extraterritorial jurisdictional challenge, but ordered prosecutors to turn over more information on allegedly tainted deals for soccer contracts.
The U.S. Supreme Court agreed on Tuesday to decide whether a defendant who pled guilty to violating federal law still has the right to challenge the law's constitutionality on appeal, an issue the petitioner claims could affect the majority of criminal cases.
Norton Rose Fulbright and New York-based Chadbourne & Parke LLP will merge in the second quarter of this year, the firms announced Tuesday.
Verizon Communications Inc. on Tuesday slashed $350 million from its planned $4.83 billion acquisition of Yahoo Inc.’s core business, after a cyberattack revealed by Yahoo last year put the fate of the transaction into question.
The Affordable Care Act’s reinsurance program doesn’t amount to an improper tax on states or violation of the Tenth Amendment, the Sixth Circuit ruled Friday, affirming an Ohio federal judge’s dismissal of the state’s lawsuit challenging the program.
A Kansas federal judge on Friday sided with the U.S. Department of Labor in upholding a new fiduciary rule for retirement account advisers related to fixed indexed annuity sales, finding the agency did not exceed its authority in ushering it in.