Search Results for: European Court of Justice
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 ...
Mastercard `Preying on Millions’ Sparked $17 Billion Fee Lawsuit
January 18th, 2017
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 charging card fees over a 16-year period, lawyers seeking to ...
Second Forex Dealer pleads guilty to conspiring to fix prices in the FX market
January 13th, 2017
A foreign currency exchange (FX) dealer became the second person to plead guilty to conspiring to fix prices in the FX market, the Justice Department announced today. According to the one-count information filed in the U.S. District Court for ...
Three traders were charged with conspiring in forex rigging probe
January 11th, 2017
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 manipulation of foreign exchange rates at major banks. Richard Usher, ...
CySec issued a Circular in relation to Whistleblowers
January 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular for persons wishing to report cases of actual or potential infringement of Regulation (EU) No 596/2014 on market abuse– Whistle-blowers. The Subject of the circular is “Procedures for ...
Deutsche Bank Reaches $7.2 Billion Settlement Over Toxic Securities
December 23rd, 2016
The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking a $7.2 billion settlement Thursday with Deutsche Bank AG over toxic securities while separately filing a lawsuit against Barclays PLC alleging more than $30 billion in ...
Robot judges: Artificial Intelligence predicts judicial outcomes
October 27th, 2016
Advances in artificial intelligence have some envisioning a future in which machines could be entrusted to dispense justice. While the idea of robot judges may never move beyond science fiction, computer scientists are getting better at using algorithms to predict judicial ...
Post-Brexit surge of EU tax cases expected
August 9th, 2016
Advisers anticipate a surge in the number of new tax cases sent to the Court of Justice of the European Union (CJEU) following the UK’s decision to leave the EU. According to law firm Pinsent Masons, the prospect of withdrawing ...
Ex-Rabobank trader to plead guilty in U.S. Libor case
July 7th, 2016
A former Rabobank trader from Australia will plead guilty on Thursday to U.S. charges that he conspired in a huge scandal to manipulate Libor, the leading benchmark for pricing financial transactions, his lawyer said. The expected plea by Paul ...
Facebook wins privacy case, can now track any Belgian it wants
July 1st, 2016
In a somewhat unexpected twist, Facebook has won a legal battle against Belgium’s data protection authority, which had sought to prevent Facebook from tracking non-Facebook (or not-logged-into-Facebook) users, both on the Facebook website itself but also via the company’s ...
