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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.
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.
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.
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.
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.
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.
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.