Two former Los Angeles Memorial Coliseum officials facing allegations that they diverted concert revenues through kickbacks and other means were arrested Thursday on undisclosed charges, a spokeswoman for the L.A. District Attorney’s Office said.
A former Boeing Co. engineer convicted of stealing documents from the defense contractor asked the U.S. Supreme Court last week to overturn his sentence, arguing that the records he took weren't classified and didn't include trade secrets.
The Brazilian government on Wednesday indicted 17 Chevron Corp. and Transocean Ltd. employees on a host of charges related to their involvement in a November oil spill off the coast of Rio de Janeiro.
A Pennsylvania judge on Wednesday sentenced former state House Speaker John Perzel to at least 2 1/2 years in prison for his role in a $10 million scheme that illegally spent taxpayer money on political campaign work.
The owner of a six-story Manhattan building told a New York state appeals court Wednesday that it shouldn't be forced to complete the building's $16 million sale because a former Crowell & Moring LLP attorney who helped negotiate the deal was allegedly running an embezzlement scheme.
A Connecticut federal judge on Monday refused to let Acorn Capital Group LLC or its former financial adviser off the hook in a putative shareholder class action that implicates them in Thomas J. Petters’ multibillion-dollar Ponzi scheme.
Convicted Ponzi schemer Robert Allen Stanford sought a new trial Tuesday arguing that the publicity surrounding his case and the presence of media who used Twitter during his trial potentially biased his jury and violated his Sixth Amendment rights to a fair trial.
A scientist who once worked for the U.S. Department of Energy and the U.S. Department of Defense and had top secret security clearance was sentenced Wednesday to 13 years in prison after admitting he sold government secrets to an undercover agent posing as an Israeli intelligence officer.
The U.S. Supreme Court ruled Wednesday that the Constitution’s guarantee of a fair trial extends to plea bargains, overturning a pair of lower court rulings that said the defendants' rights were not violated when they received bad advice from their lawyers on plea bargains.
Former hedge fund manager Joseph "Chip" Skowron III must pay more than $10.2 million to Morgan Stanley for illegally dumping a pharmaceutical company's stock after he was tipped off about faltering drug trials, a New York federal judge ruled Tuesday.
An Alabama federal judge sentenced a former defense contractor to 39 months in prison Tuesday after he copped to taking part in a bribery and money laundering scheme tied to government contracts in Iraq and also testified at the trial of two co-defendants.
The Ninth Circuit on Tuesday affirmed the dismissal of two consolidated class actions alleging Washington Mutual Inc. aided a $130 million Ponzi scheme by Millennium Bank, saying the plaintiffs failed to exhaust Federal Deposit Insurance Corp. administrative remedies against its successor, defendant JPMorgan Chase Bank NA.
The former president of children's clothing maker Carter's Inc. was indicted on securities fraud charges Tuesday in Georgia for allegedly engaging in a scheme to understate the company's expenses by more than $16 million over three years.
The former chief financial officer of Taylor Bean & Whitaker Mortgage Corp. pled guilty Tuesday to aiding a $2.9 billion bank and securities fraud scheme that felled the lending giant and put several of its top executives behind bars.
A former Motorola Solutions Inc. software engineer convicted of stealing trade secrets filed a motion Monday for a new trial, saying the judge made numerous errors in a case that involved the employee trying to take thousands of technical documents to China.
Bradley Arant Boult Cummings LLP has tapped a former Washington federal prosecutor with experience bringing public corruption and fraud cases to bolster its white collar criminal defense team, the firm announced Tuesday.
Lanexa Management LLC has agreed to disgorge profits made by its managing director Thomas C. Hardin's alleged insider trading connected to the Galleon Group LLC insider trading ring, the U.S. Securities and Exchange Commission announced Monday.
U.S. Supreme Court justices expressed skepticism Monday about the U.S. government's claim that a judge properly imposed a $18 million penalty on natural gas company Southern Union Co. after a jury convicted it on a felony charge of illegally storing mercury.
The Fifth Circuit on Monday revived four putative class actions against Proskauer Rose LLP, insurance broker Willis Ltd. and others over the Stanford Ponzi scheme, saying the suits are only "tangentially related" to Securities Litigation Uniform Standards Act-covered securities trades.
Provident Capital Indemnity Ltd., a Costa Rica-based company that sold reinsurance bonds backing life insurance investments, denied criminal fraud charges in Virginia federal court on Monday related to a $670 million scheme.