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Legal

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Mastercard `Preying on Millions’ Sparked $17 Billion Fee Lawsuit

18/01/2017(0)
Consumers seek permission to bring U.K.’s largest class action Mastercard says damages would be impossible to calculate Mastercard Inc. preyed on more than 46 million unknowing consumers by unfairly ... Read More
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Deutsche Bank Agrees to Pay $7.2 Billion

18/01/2017(0)
Deutsche Bank Agrees to Pay $7.2 Billion for Misleading Investors in its Sale of Residential Mortgage-Backed Securities Deutsche Bank’s Conduct Contributed to the 2008 Financial Crisis The Justice Department, ... Read More
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Mark Zuckerberg to testify in $2bn VR lawsuit

17/01/2017(0)
Zenimax Media says Facebook unlawfully copied its virtual reality technology to make the Oculus Rift Mark Zuckerberg is expected to appear in a Texas court today to defend Facebook ... Read More
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Jakarta threatens Google with legal action in tax case

17/01/2017(0)
The tax authority in Indonesian capital Jakarta threatened Google with legal action for failing to hand over transaction data for an investigation into a case alleging the internet giant ... Read More
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South Korea prosecutor seeks arrest of Samsung boss

16/01/2017(0)
Prosecutors are seeking a warrant to arrest Samsung Group’s Jay Y. Lee for allegations including bribery and embezzlement, a stunning turn for the scion of South Korea’s richest family ... Read More
Takata

Takata to plead guilty to criminal wrongdoing in defective airbags probe; to pay $1 billion

13/01/2017(0)
Takata Corp. is expected to plead guilty to criminal wrongdoing and pay $1 billion over its handling of defective airbags, the The Wall Street Journal reported Thursday. The auto parts supplier ... Read More
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Fiat Chrysler accused of diesel emissions cheating

13/01/2017(0)
EPA Notifies Fiat Chrysler of Clean Air Act Violations FCA allegedly installed and failed to disclose software that increases air pollution from vehicles The U.S. Environmental Protection Agency (EPA) ... Read More
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Former director at Barclays gets prison in a U.S.

12/01/2017(0)
A former director at Barclays Plc was sentenced on Wednesday to five months in a U.S. prison for repeatedly tipping off a friend who worked as a plumber to ... Read More
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Three traders were charged with conspiring in forex rigging probe

11/01/2017(0)
The U.S. Justice Department on Tuesday brought charges against three former traders at JPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a global probe into the ... Read More
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Volkswagen confirms $4.3bn settlement; in addition it will plead guilty to criminal misconduct

11/01/2017(0)
Volkswagen has confirmed it has negotiated a $4.3bn (£3.5bn) draft settlement with US regulators to resolve its diesel emissions scandal. The German car giant said in addition to the ... Read More
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