legal action
- Finance
Suspect in Goldman Sachs employee shooting arrested
A suspect has been arrested in the unprovoked shooting of Daniel Enriquez on a Manhattan-bound Q train. Andrew Abdullah, 25,…
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FRC blasted over ‘joke’ sanctions for junior KPMG staffer in Carillion case
Junior accountants have criticised the audit regulator for its “harsh” pursuit of ex-KPMG junior Pratik Paw, who is facing a…
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At least 18 children and 3 adults killed in Texas elementary school shooting
UVALDE, Texas — An 18-year-old gunman opened fire Tuesday at a Texas elementary school, killing at least 18 children, officials…
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Shooter who caused Texas school lockdown in custody
UVALDE, Texas (AP) — At least two hospitals were treating patients Tuesday after a shooter prompted a lockdown at a…
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Shooter of Goldman Sachs researcher still at large as police hunt suspect
Police are still searching for the man who shot dead a Goldman Sachs staffer on the New York subway on…
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KPMG fined £3.4m over ‘serious failures’ in Rolls-Royce audit
KPMG has been fined £3.4m and issued a severe reprimand by its regulator for “serious failures” in its audits of…
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Russian soldier sentenced to life in prison for killing civilian
KYIV, Ukraine (AP) — A Ukrainian court sentenced a 21-year-old Russian soldier to life in prison Monday for killing a…
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Ex-BitMEX CEO sentenced over money laundering compliance failure
Arthur Hayes, a co-founder and former chief executive of cryptocurrency derivatives exchange BitMEX, has been sentenced to serve six months…
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Elon Musk called ESG a scam — did the Tesla chief do investors a favor?
Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market…
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Sweden, Finland Weigh Cyber Risks Stemming From NATO Applications
Authorities in Sweden and Finland have raised alert levels for cyberattacks, concerned they face increased hacking risks because of the…
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White & Case fired London partner depressed at wife’s cancer in ‘toxic’ culture, tribunal told
A former partner in the London office of White & Case has accused the US law firm of having a…
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SpaceX paid $250,000 to settle sexual misconduct claim against Elon Musk: report
SpaceX paid a flight attendant $250,000 in 2018 to settle a sexual misconduct claim against Elon Musk, its founder and…
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Cyber Insurers Raise Rates Amid a Surge in Costly Hacks
Insurers significantly increased premiums for cyber coverage over the course of 2021, as a string of high-profile attacks and government…
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Ex-Dechert partner leaked client info to SFO, court finds
Eurasian Natural Resources Corporation has succeeded in a claim against the Serious Fraud Office and law firm Dechert in a…
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DOJ sues casino mogul Steve Wynn for failing to register as agent for China
WASHINGTON — The Justice Department sued longtime Las Vegas casino mogul Steve Wynn on Tuesday to compel him to register…
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Anthem Looks to Fuel AI Efforts With Petabytes of Synthetic Data
Anthem Inc.’s chief information officer says he is working with Alphabet Inc.’s Google Cloud to create a synthetic data platform…
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Allianz subsidiary takes $6bn hit after pleading guilty to securities fraud
One of Allianz’s US investing divisions pleaded guilty and agreed to pay more than $6bn in penalties and restitution for a scheme…
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KPMG fined £14m and ex-partner faces 15-year ban over forging documents in Carillion probe
KPMG is set to receive a £14.4m fine and one of its ex-partners is facing a 15-year ban from the…
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Abbott, FDA reach deal to resume making baby formula at U.S. plant amid shortage
Abbott Laboratories and the Food and Drug Administration reached a deal Monday to restart production of baby formula at a…
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KPMG and former staff face ‘serious regulatory sanctions’ over misleading Carillion probe
KPMG and multiple former staff members are facing “serious regulatory sanctions” over their engagement in a conspiracy to mislead inspectors…
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They Fled Ukraine to Keep Their Cyber Startup Alive. Now, They’re Hacking Back.
Dozens of employees at Ukrainian cybersecurity startup Hacken fled their war-torn country and found refuge about 2,000 miles away in…
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Regulators are investigating Elon Musk’s late disclosure of his Twitter stake
WASHINGTON — Federal regulators are investigating Elon Musk’s late disclosure last month of his sizeable stake in Twitter, according to…
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WSJ News Exclusive | Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes
WASHINGTON—Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according…
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Businesses Seek to Soften SEC Cyber Rules
Companies including Chevron Corp. , Quest Diagnostics Inc. and Ernst & Young LLP are pushing to narrow proposed cybersecurity rules…
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Moderna CFO out after two days in the role as former employer Dentsply discloses probe of financial reporting
Moderna Inc. surprised investors Wednesday with the news that its chief financial officer has departed the company just two days…
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Elon Musk says he would remove Twitter’s ban on Donald Trump
Elon Musk said he would reverse Twitter ban on former President Donald Trump. “I do think that it was not…
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Here’s why Elizabeth Warren is concerned over Fidelity’s bitcoin pension plan
Senator Elizabeth Warren voiced concerns about Fidelity Investments’ plan to include bitcoin in customers’ 401(k) accounts, calling it “a risky…
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UBS’ firing of a senior investment banker was defamatory, US watchdog rules
UBS’ rationale for the 2018 firing of a senior investment banker was defamatory and should be expunged from his record…
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The real-life ‘Wolf of Wall Street’ is now a crypto guru. That’s a sign of a looming reckoning
Critics of the cryptocurrency industry have long said that bitcoin and other digital assets are barely discernible from a Ponzi scheme. Is…
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Browder calls on UK to ban travel for US ‘enablers of Putin’
Hedge-fund founder Bill Browder says he plans to pressure British MPs and the UK government to take action against lawyers in the US…
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EY hit with £2bn lawsuit over NMC Health audits
Big Four auditor EY has been hit with a lawsuit by the administrators of collapsed FTSE-100 healthcare business NMC Health.…
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SEC to Hire More Crypto Cops to Fight Digital Frauds
WASHINGTON—The Securities and Exchange Commission will boost the size of its special unit devoted to investigating cryptocurrency frauds and other…
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Supreme Court intends to overturn Roe v. Wade in draft decision, Politico reports
In a massive but not entirely unexpected blow to abortion rights, the U.S. Supreme Court intends to strike down the…
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Russia Sanctions Complicate Paying Ransomware Hackers
The nearly nonstop series of new U.S. sanctions being levied in a bid to halt Russia’s war machine have complicated…
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Why did Elon Musk mock Twitter’s top legal boss with a meme?
Elon Musk, whose takeover bid for Twitter was accepted two days ago, continued to use the site to criticize executives…
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Russia releases U.S. Marine Corps veteran Trevor Reed in prisoner exchange
WASHINGTON (AP) — Russia and the United States carried out a dramatic prisoner exchange on Wednesday, trading a Marine veteran…
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JPMorgan sued by Ray-Ban for failing to catch $272m theft
The eyewear company that owns Ray-Ban and LensCrafters has sued JPMorgan, accusing it of failing to notice that thieves had…
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President Biden grants first pardons and commutations of his term
WASHINGTON (AP) — President Joe Biden has granted the first three pardons of his term, providing clemency to a Kennedy-era Secret…
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European Wind-Energy Sector Hit in Wave of Hacks
Cyberattacks on three European wind-energy companies since the start of the war in Ukraine have raised alarm that hackers sympathetic…
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ECB official says crypto powered by greed as leading industry player’s comments likened to Ponzi description
A European Central Bank policymaker said cryptocurrencies derive their value from greed, on the same day a leading crypto player’s…
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First bankers, now lawyers: cryptocurrency industry’s latest hiring frenzy
The cryptocurrency industry is ramping up efforts to recruit more legal talent as it faces increased regulatory pressure while looking…
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Crypto Industry Can’t Hire Enough Lawyers
The cryptocurrency industry is ramping up efforts to recruit more legal talent as it faces increased regulatory pressure while looking…
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U.S. Taps Industrial and Cyber Firms for Help Amid Warnings of Russian Hacks
The Department of Homeland Security on Wednesday added several industrial and cybersecurity firms to a program aimed at thwarting hacks…
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CDC says face masks are still needed to protect the public, and WHO says omicron accounts for 99.5% of global COVID cases
The Justice Department has filed an appeal seeking to overturn a federal judge’s ruling that ended the face-mask mandate on…
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At CDC’s request, Justice Department to appeal ruling voiding mask mandate
WASHINGTON — The Justice Department is filing an appeal seeking to overturn a judge’s order that voided the federal mask…
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Face-mask issue remains hot COVID topic as poll finds most Americans support their use on public transport and DoJ awaits CDC’s decision
A new survey has found that most Americans still support wearing face masks on airplanes and other shared public transportation,…
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NATO Cyber Game Tests Defenses Amid War in Ukraine
NATO’s large, multiday cyber defense exercise is set to bring together technical experts from alliance countries and Ukraine nearly two…
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Swiss banker jailed in fraud case after putting strip clubs and dates on expenses
Switzerland’s former ‘banker of the year’ has been jailed after a fraud trial revealed he used company expenses for strip…
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Neurodiverse Candidates Find Niche in Remote Cybersecurity Jobs
Cat Contillo remembers how uncomfortable she felt during an office internship a few years ago because of colleagues’ reactions to…
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Twitter shareholder sues Elon Musk over delayed disclosure of his stake
A Twitter Inc. shareholder is suing Elon Musk, claiming he and others suffered financial losses because of the billionaire’s delay…
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