Search Results for: EU Court
PwC accused of cheating firm out of $138m
March 26th, 2018
The accounting giant PwC is accused of conspiring to cheat a firm of consultants out of at least £75m ($138 million) in a deal with the controversial mining tycoon Frank Timis, in a London High Court battle over natural ...
Bitcoin drops and the entire market followed bitcoin’s price trend
March 9th, 2018
Yesterday, on March 9, CCN reported that the sell off of hundreds of millions of dollars, and the plan of the trustee to dump the remaining $1.7 billion worth of bitcoin into the market have caused the price of ...
Volkswagen Settles U.S. Emissions Lawsuit Just Before Trial
February 26th, 2018
Volkswagen AG came to an agreement to settle a lawsuit over the company’s marketing of clean-emissions vehicles, resolving a contentious fight over consumer fraud claims just before it was about to go to trial. The suit was dismissed on ...
Charges laid against former FX trader
February 7th, 2018
Former Deutsche Bank FX options and futures trader, Andrew Donaldson, of Bronte NSW, has been charged with 85 offences under s184(2) of the Corporations Act 2001 in respect of using his position as an employee dishonestly with the intention ...
Unsound money is crucifying pensions
January 30th, 2018
Deficits are mounting in pension obligations. It is a global problem over which pension trustees are helpless. It is also a problem that’s brushed under the carpet, with prospective and current pensioners generally unaware of the threat to ...
Day Trader Charged in Brokerage Account Takeover Scheme
October 31st, 2017
The Securities and Exchange Commission charged a day trader based in the Philadelphia area with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the stock ...
International law firm continues global expansion with Bangkok and Paris office openings
October 3rd, 2017
According an announcement released yesterday, the opening of new offices in Thailand and France strengthened global footprint and insurance practice for the International law firm Kennedys Law LLP. Kennedys released: Suraphon Rittipongchusit, formerly a senior partner in the insurance ...
Amazon hit with lawsuit over eclipse glasses
August 31st, 2017
Amazon.com (AMZN.O) has been hit with a proposed class action lawsuit by a couple who claims defective eclipse glasses purchased through the online retailer damaged their eyes. In the lawsuit, filed in federal court in South Carolina on Tuesday ...
Who is new Uber CEO Dara Khosrowshahi?
August 28th, 2017
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to ...
Samsung’s billionaire heir Lee Jae-yong jailed for corruption
August 25th, 2017
A court in South Korea has sentenced Samsung’s billionaire heir-apparent Lee Jae-yong to five years in prison for corruption. Mr Lee was accused of bribery in a scandal that also saw the impeachment of South Korea’s former president. The ...
