Massachusetts Law360 provides breaking news and analysis on legal and regulatory issues in Massachusetts. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.
The one-year prison term U.S. District Judge Allison D. Burroughs imposed Wednesday on a former Bank of America executive who embezzled $2.7 million by hoodwinking nonprofits was not the sentence she originally had planned.
DraftKings this week said it will open a pair of retail sportsbooks in New Jersey and Mississippi, continuing its expansion from a daily fantasy sports app company into a full sportsbook as states begin to legalize sports betting.
Despite a passionate plea to avoid serving time behind bars 5,000 miles away from his home, a former State Street Corp. executive was sentenced to six months in federal prison Wednesday for his role in a scheme to tack on millions of dollars in hidden fees to unsuspecting international clients.
Upscale clothing retailer Lord & Taylor LLC has agreed to pay $100,000, provide bias training to its staff and improve its shoplifting policies to resolve a racial discrimination investigation over the company’s loss prevention practices, Massachusetts Attorney General Maura Healey said Tuesday.
Lawyers, board members and company officials all signed off on a decision by Aveo Pharmaceuticals to not tell investors about a recommendation for a new clinical trial, Aveo's former chief financial officer testified Wednesday as the defendant in a civil securities fraud case in Massachusetts federal court.