The U.S. Securities and Exchange Commission on Friday reached a $10 million deal with D. E. Shaw & Co. LP to resolve allegations that the New York-based registered investment adviser prevented employees from whistleblowing by requiring them to sign agreements that prohibited the disclosure of confidential corporate information to third parties.
A New York federal judge on Thursday granted class certification to a group of American cities that are accusing eight large banks of inflating interest rates on debt securities known as variable rate demand obligations, overruling the banks' arguments that the cities couldn't show common issues prevailed among the different plaintiffs.
A New York federal judge declined Tuesday to toss a U.S. Securities and Exchange Commission lawsuit alleging that failed investment firm Archegos Capital Management LP and two of its executives manipulated the markets to secure bank loans, finding the agency had adequately pled most of its claims.
Producer Claims Disbarred Atty Lied About Mel Gibson Film ieyenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ieyenews.com Daily Mail and Mail on Sunday newspapers.
A New York federal judge trimmed a U.S. Securities and Exchange Commission suit accusing former top executives at now-bankrupt MoviePass Inc. of duping investors through false and misleading statements about the subscription service's profitability, ruling Thursday that the agency has identified a scheme but fell short in proving that the misstatements were made "to obtain money or property."