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KUALA LUMPUR: The High Court here on Thursday (May 19) allowed an application by Datuk Seri Najib Razak and his son, Datuk Mohd Nazifuddin, to postpone the bankruptcy proceedings against them for failing to settle their tax arrears with the Inland Revenue Board (LHDN) pending the disposal of their appeals at the Federal Court.
(Reuters) - Brazil's democracy and independence of its judiciary are under threat from the government of president Jair Bolsonaro as it prepares for elections in October, a group of lawyers and legal experts said on Wednesday in a petition to the United Nations.
NEW YORK/MUNICH: Germany's Allianz SE ALVG.DE agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal securities fraud over the collapse of a group of investment funds early in the COVID-19 pandemic.
NEW YORK (Reuters) -Peloton Interactive Inc and NordicTrack maker iFit said they have settled all pending litigation between them, where the fitness equipment makers accused each other of infringing their respective patents.
NEW YORK: Goldman Sachs Group Inc agreed to a US$79.5mil settlement with shareholders who blamed lax oversight by the bank for its costly involvement in the 1MDB bribery scandal.
NEW YORK: Goldman Sachs Group Inc GS.N officers and directors reached a US$79.5 million settlement to resolve shareholder claims that their poor oversight contributed to the bank being enmeshed in the looting scandal at Malaysia's 1MDB sovereign wealth fund.
NEW YORK: Coinbase Global Inc was sued over its role in the promotion and trading of a stablecoin cryptocurrency that allegedly turned out to be “anything but.”
A former eBay Inc executive pleaded guilty on May 12 to participating in a scheme to terrorise the creators of an online newsletter that included the delivery of live spiders and other disturbing items to their home.
Coinbase Global Inc was sued over its role in the promotion and trading of a stablecoin cryptocurrency that allegedly turned out to be “anything but”.