Search Results for: EU Court
Apple’s U.K. Suit Against Qualcomm Adds to Global Patent War
March 3rd, 2017
Lawsuit filed Thursday cites claim on patents and designs Apple says Qualcomm unfairly charges royalties for technology Apple Inc. sued Qualcomm Inc. in a U.K. court, adding to lawsuits across the globe in a sprawling battle over patents and ...
Former deputy attorney-general of Cyprus was sentenced to 3.5 years in prison
March 1st, 2017
Former deputy attorney-general Rikkos Erotokritou was sentenced to 3.5 years in prison on Wednesday for his involvement in a conspiracy with the Andreas Neocleous law firm in 2013. Panayiotis Neocleous, one of the law firm’s partners and son of ...
Two Samsung execs stand down amid a corruption scandal that led to boss Jay Y. Lee’s arrest
February 24th, 2017
Two senior Samsung executives have offered to resign, taking responsibility for the mobile phone giant’s involvement in a scandal involving South Korean President Park Geun-hye. According to a report by Yonhap news agency, Vice Chairman Choi Gee-sung and President ...
Ex-Forex Traders jailed for false trades
February 22nd, 2017
Ex-Deutsche Bank trader Toh sentenced to eight weeks Former HSBC senior dealer Chng handed 15-week sentence Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks ...
Malta’s new draft law raises concerns over internet freedom
February 22nd, 2017
Several thousand people took to the streets of Malta on Sunday (19 February) to protest against a new bill that is expected to force online news sites to register with the government. The protest, organised by Malta’s opposition Nationalist ...
Former investment firm CEO convicted of unlicensed dealing
February 20th, 2017
The Eastern Magistrates’ Court today convicted Mr Chiang Ching Fung, former chief executive officer of Gold Root Global Investments Limited (GRG Investments), of unlicensed dealing in futures contracts in a prosecution by the Securities and Futures Commission (SFC). This ...
Samsung head arrested for corruption scandal involving South Korea president
February 20th, 2017
Samsung‘s would be head Lee Jae-yong (Jay Y Lee) was arrested in Seoul on Friday on charges of bribery and undue influence in connection with a scandal involving South Korea President Park Geun-hye. In approving the warrant ...
Hong Kong police struggle to stop brokerage hacking spree
February 16th, 2017
Hong Kong police are struggling to deal with digital pump-and-dump schemes targeting brokerages – a little-known type of computer-generated fraud that surged in the Chinese territory last year. Although the money involved was small – only about $20 million ...
FXCM to pay a new fine of $650,000 in relation to the Swiss Franc exchange rate
February 14th, 2017
FXCM Inc. (NASDAQ:FXCM) (“FXCM” or the “Company”), issued a statement on the settlement of the civil action filed by the Commodity Futures Trading Commission (“CFTC”) against its U.S. subsidiary, Forex Capital Markets LLC (“FXCM US”) in the Southern District ...
Founders of Panama Law Firm Mossack Fonseca arrested
February 13th, 2017
Police in Panama arrested the founders of Mossack Fonseca, the law firm at the center of the Panama Papers scandal, on money laundering charges after authorities raided the firm’s headquarters as part of investigations into Brazil’s largest-ever bribery scandal. ...
