The U.S. Supreme Court ruled petitioner Sergio Fernando Lagos, a convicted perpetrator of fraud against GE Capital, was not responsible to reimburse GE for its fraud investigation. read more

JUN 1, 2018 - 7:19 am

The SEC announced the entity formerly known as Yahoo has agreed to pay a $35 million penalty to settle charges that it failed to disclose on the world’s largest data breaches. read more

APR 30, 2018 - 8:01 am

The SEC charged Michael Liberty, the founder of fintech startup now known as Mozido, with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. read more

APR 3, 2018 - 6:30 am

Jonathan Russell joined Smith, Gambrell & Russell’s Global Transport Practice in London. Russell specializes in the sale, purchase, financing, ownership and operation of corporate and private aircraft. read more

MAR 30, 2018 - 6:36 am

The SEC charged a former CIO of a U.S. business unit of Equifax with insider trading before the company announced a massive data breach that exposed the social security numbers of about 148 million U.S. customers. read more

MAR 19, 2018 - 8:27 am

The SEC charged the New York Stock Exchange and two affiliated exchanges with regulatory failures. In a settlement, the exchanges agreed to pay a $14 million penalty. read more

MAR 9, 2018 - 7:23 am

The SEC instituted an enforcement action against Deutsche Bank Securities for making false and misleading statements while negotiating sales of CMBS. The bank has agreed to pay more than $3.7 million to customers, which includes $1.48 million that was ordered as disgorgement. read more

FEB 13, 2018 - 6:45 am

Rabobank pleaded guilty to a felony conspiracy charge for impairing, impeding and obstructing the OCC by concealing deficiencies in its anti-money laundering program. read more

FEB 9, 2018 - 7:04 am

The SEC charged six CPAs with using leaked confidential Public Company Accounting Oversight Board data in scheme to improve inspection results for KPMG. read more

JAN 23, 2018 - 7:12 am

CIT agreed to a settlement of $29.9 million to resolve claims that it failed to meet its contractual obligations to indemnify Ocwen Loan Servicing for losses allegedly suffered from mortgage servicing errors. read more

DEC 5, 2017 - 7:08 am

According to a SEC filing, Wells Fargo Advisors was censured and agreed to pay $3.5 million to settle allegations it failed to file suspicious activity reports for transactions suspected to be linked to money laundering. read more

NOV 15, 2017 - 7:05 am

The SEC charged mining company Rio Tinto and two former top executives with fraud for inflating the value of coal assets acquired for $3.7 billion and sold a few years later for $50 million. read more

OCT 18, 2017 - 7:54 am

A federal judge ruled that a shareholder lawsuit will be necessary against Wells Fargo CEO Tim Sloan and other executives of the company in connection with a fake account opening scandal. read more

OCT 9, 2017 - 6:43 am

Attorney Dylan Potter joined Vedder Price as a partner in its Global Transportation Finance group at the firm’s London office. read more

SEP 19, 2017 - 6:42 am

According to a class action complaint, a former customer of Xerox has filed a class action complaint seeking monetary damages and declaratory and injunctive relief arising from Xerox’s assessment of excessive fees for printing services, equipment and supplies. read more

SEP 15, 2017 - 7:26 am