Corporate Crime/Legal Action
- Tech
Kaseya Gets Tool to Unlock Data After Ransomware Attack
The technology provider at the center of a ransomware attack this month said it obtained a tool to unlock data…
Read More » - Finance
Apollo’s billionaire co-founder Leon Black comments on allegations of abuse
Leon Black, the billionaire co-founder of Apollo Global Management, submitted a detailed response on 19 July to a lawsuit that accused…
Read More » - Tech
Biden Administration Blames Hackers Tied to China for Microsoft Cyberattack Spree
WASHINGTON—The Biden administration publicly blamed hackers affiliated with China’s main intelligence service for a far-reaching cyberattack on Microsoft Corp. email…
Read More » - Finance
View: Why Google needs to step up to stop investment scams
Where do you find your investments? Chances are that, if you’re reading this, you’re a professional and don’t need to…
Read More » - Finance
FCA suspects insider dealing in almost 25% of activity in 2020
The Financial Conduct Authority found examples of possible insider dealing in 21.9% of the activity it monitored in 2020, up from 17.5%…
Read More » - Finance
Legal & General chair Sir John Kingman blasts government over neglect of audit regulator
The chairman of Legal & General Sir John Kingman has said it is “indefensible” that audit regulator the Financial Reporting…
Read More » - Finance
Only five London bankers fired in wake of conduct rules — ‘Those are very, very low numbers’
Just five senior bankers in the UK have been fired for “disciplinary reasons” in the five years since the introduction…
Read More » - Finance
FCA hits Lloyds with £90m fine for misleading insurance customers
The Financial Conduct Authority has fined Lloyds Banking Group’s insurance arm more than £90m for misleading customers in home insurance…
Read More » - Tech
The Antitrust Case Against Google: It’s Becoming Too Much Like Apple
Google has adopted rules similar to ones that Apple Inc. requires for its software that powers smartphones and distributes apps…
Read More » - Finance
Ex-JPMorgan trader wins employment tribunal over spoofing dismissal
JPMorgan has lost an employment tribunal after a former trader claimed he was unfairly dismissed by the investment bank. Bradley Jones —…
Read More » - Finance
City of London Corporation insiders call for reform following secretive lord mayor election
City of London Corporation insiders have called for the overhaul of the secretive process to elect London’s lord mayor following…
Read More » - Finance
Robinhood’s crypto unit provisions for $10m fine over cyber, money-laundering breaches
The cryptocurrency brokerage of Robinhood Markets expects to pay New York regulators a penalty of at least $10m for allegedly…
Read More » - Health
Oil Companies Are Ordered to Help Cover $7.2 Billion Cleanup Bill in Gulf of Mexico
Some of the world’s largest oil companies have been ordered to pay part of a $7.2 billion tab to retire…
Read More » - Market
Pentagon abruptly cancels $10 billion JEDI cloud contract
The Defense Department on Tuesday abruptly canceled a 10-year, $10 billion cloud-computing contract it awarded to Microsoft Corp., which had…
Read More » - Market
Trump Organization CFO Weisselberg surrenders early Thursday at Lower Manhattan courthouse
Trump Organization CFO Allen Weisselberg surrendered to authorities early Thursday ahead of expected charges against him and former President Donald…
Read More » - Market
Robinhood pays record fine to Finra, settling probe into options trading issues and technology outages
When Robinhood files its IPO paperwork as expected in the coming weeks, it might want to leave “paid biggest Finra…
Read More » - Market
Trump’s company, finance chief indicted in New York tax probe
Donald Trump’s company and his longtime finance chief have been indicted on charges stemming from a New York investigation into…
Read More » - Finance
EU regulator draws blank on extent of Brexit breaches
The European Union’s financial regulator has drawn a blank on the extent to which firms are attempting to sidestep Brexit’s…
Read More » - Finance
Antivirus pioneer John McAfee found dead in Spanish prison cell
Antivirus entrepreneur John McAfee has been found dead in a prison cell in Spain. A Spanish court on 23 June…
Read More » - Finance
MPs slam City watchdog’s hiring process for key role after mini-bond scandal
MPs have criticised the City watchdog for not ensuring individual accountability in the wake of “one of the largest regulatory failures…
Read More » - Finance
Deutsche Bank shakes up compliance teams
Deutsche Bank is making changes to its anti-financial crimes and compliance teams following years of regulatory scrutiny and enforcement actions,…
Read More » - Market
Judge dismisses Facebook antitrust suit brought by FTC
A federal court on Monday dismissed the Federal Trade Commission’s antitrust lawsuit against Facebook Inc. FB, +4.18% that would have…
Read More » - Market
Facebook crosses $1 trillion mark after judge dismisses FTC antitrust suit
Facebook Inc. vaulted into trillion-dollar territory Monday as a late-afternoon stock rally helped power the company past the milestone valuation…
Read More »
