Class Action Filed Against JPMorgan for Pushing In-House Funds on Clients
A former brokerage client has sued JPMorgan Chase & Co for steering him and other investors to funds, which were…
Legal News
Lawsuit Filed Against US Banks Regarding Libor
Regulators have begun a global investigation into the manipulation of interest rates by big banks. The investigation has led a…
Bad Trade by JPMorgan Chase Ballooned to Over $5 Billion
On Friday, JPMorgan Chase said that a bad trade cost the bank $5.8 billion in 2012, which is triple the…
Convict Transferred Without Due Process to Solitary Confinement in 110-degree Cell
On Friday, a three-judge panel of the 2nd U.S. Circuit Court of Appeals found that Eugene Carl Hathaway, who is…
PFGBest CEO Admits Forging Bank Documents for Last 20 Years
On Friday, Russell Wasendorf Sr, the CEO of Peregrine Financial Group, was arrested by the FBI for allegedly stealing more…
Credit Card Companies and Banks Pacify Disgruntled Retailers with $7.25 Billion Settlement
According to court papers for settlement filed on Friday in Brooklyn federal court, Visa, MasterCard, and the banks issuing credit…
Yahoo Launches Investigation into Possible Hacking
On Thursday, Yahoo Inc. announced that it is investigating reports of a possible security breach that could have exposed half…
Report Shows Close to 500 Convicted on Terror Related Charges since 9/11
On Thursday, using statistics from the U.S. Department of Justice, the human rights organization Human Rights First, released a report…
Penn State University Knew about Sandusky but Concealed his Sex Abuses
On Thursday, former FBI director Louis Freeh said that investigation shows senior leaders at the Penn State University were fully…
Former Managers Sue Wet Seal for Bias
On Thursday, three former employees of Wet Seal Inc sued the U.S. retailer alleging racial discrimination against black store managers.…
Employee Sues Employer Because Job was Killing Her
When one employee, Tammy Armstrong, began working with I-Behavior, a consumer data tracking company, she did not realize that she…
Businesses Recognize Benefits of Pro-Gay Support
Google is the latest company to take a public position in support of gay rights with its ‘Legalize Love’ campaign.…