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Business 02 Nov 2010 | 12:00 AM

Enron's Skilling seeks new trial in Houston appeal

HOUSTON: The ex-CEO of disgraced energy giant Enron asked a federal appeals court on Monday to grant him a new trial based on a Supreme Court ruling his attorney said puts his conviction for conspiracy and securities fraud in question.

Commodities 23 Apr 2014 | 10:23 AM

Damages phase of BP gulf spill trial set for Jan

HOUSTON: The high-stakes penalty phase of BP's trial over its role in the 2010 US Gulf of Mexico oil spill will start next January, court officials said on Tuesday, and billions of dollars could be on the line.

Business 24 Jul 2003 | 12:00 AM

Maxis starts trial on wireless roaming

MAXIS Communications Bhd, together with Australia#039;s Telstra, China Netcom and Singapore#039;s Starhub, announced yesterday a trial period for wireless broadband roaming. Korea Telecom will participate by the end of the year.

Business 23 Mar 2012 | 12:00 AM

Stanford seeks new trial, blames Twitter

HOUSTON: Allen Stanford, the financier convicted of running an estimated US$7bil Ponzi scheme, has asked for a new trial, citing the media’s use of Twitter in the courtroom and a lack of time to prepare his defence.

Business 23 Jan 2012 | 12:00 AM

Trial for accused fraudster Stanford opens today

HOUSTON: The trial of the fallen financier and cricket mogul Allen Stanford will begin with jury selection today, almost three years since he was charged with running a US$7bil Ponzi scheme.

Business 08 Jan 2014 | 6:48 AM

Trial of man accused of the most lucrative insider trading scheme in US history begins

NEW YORK: Jury selection began on Tuesday in the trial of Mathew Martoma, a former portfolio manager at Steven A. Cohen's SAC Capital Advisors hedge fund, who is accused of engaging in the most lucrative insider trading scheme in U.S. history.

Auto 26 Feb 2018 | 12:00 AM

Volkswagen settles US emissions lawsuit just before trial

NEW YORK: Volkswagen AG’s US unit agreed to settle a lawsuit over the company’s marketing of clean-emissions vehicles, resolving a fight over consumer fraud claims days before it was scheduled to go to trial.

Business 02 Apr 2014 | 10:29 AM

Apple, Samsung trade barbs as US$2bil patent trial opens

SAN JOSE: Lawyers for Apple and Samsung exchanged barbs as a major new patent trial opened Tuesday, debating the role of a company not even part of the case – Google.

Business 26 Jan 2010 | 12:00 AM

Former body armor execs on trial for insider trading

CENTRAL ISLIP, New York: Two former top executives of America's leading supplier of body armor to the U.S. military accused of insider trading in an alleged US$190 million scheme lied to push up the company's stock, a federal prosecutor said at the start of their trial Monday.

Business 22 Sep 2009 | 12:00 AM

SEC going to trial against BofA over bonuses

WASHINGTON: The Securities and Exchange Commission said Monday it will go to trial against Bank of America Corp. over billions of dollars in bonuses paid at Merrill Lynch, which the bank acquired in a hastily arranged deal a year ago at the height of the financial crisis.