Corporate legal affairs

May 11, 2018 - 9:25 am
NEW YORK (AP) — Shares of the security software company Symantec are plunging 30 percent at the opening bell after the company revealed an internal investigation that could delay its annual report. Details, released in a filing with the Securities and Exchange Commission late Thursday, say only...
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May 10, 2018 - 3:59 pm
NEW YORK (AP) — The Broadway production of "To Kill a Mockingbird" will open in December following the settlement of a lawsuit. The settlement was announced Thursday in a joint statement issued by producer Scott Rudin's production company and the estate of the late author, Harper Lee. The deal came...
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A woman walks past the offices of the Anbang Insurance Group in Beijing, Thursday, May 10, 2018. A court in Shanghai sentenced the founder of the Chinese insurance company that owns New York City's Waldorf Hotel to 18 years in prison on Thursday after he pleaded guilty to fraudulently raising billions of dollars from investors, state media reported. (AP Photo/Mark Schiefelbein)
May 10, 2018 - 3:56 am
SHANGHAI (AP) — A court in Shanghai sentenced the founder of the Chinese insurance company that owns New York City's Waldorf Hotel to 18 years in prison on Thursday after he pleaded guilty to fraudulently raising billions of dollars from investors, state media reported. Shanghai's No. 1...
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May 09, 2018 - 10:32 pm
SHANGHAI (AP) — Chinese state media say a court in Shanghai has sentenced the founder of the Chinese insurance company that owns New York City's Waldorf Hotel to 18 years in prison after he pleaded guilty to fraudulently raising billions of dollars from investors. The Xinhua News Agency said the...
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May 09, 2018 - 7:58 pm
LOS ANGELES (AP) — Federal prosecutors in California and Florida have sued to stop two companies from providing stem cell treatments, alleging the clinics marketed their procedures as remedies for ailments including cancer and heart disease without proof of safety and efficacy. The Justice...
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May 09, 2018 - 7:39 pm
NEW YORK (AP) — A New York hedge fund founder was arrested Wednesday on charges that he exaggerated his company's performance by over $200 million to impress and preserve investors. Anilesh Ahuja, 49, of Manhattan, was charged with conspiracy, securities fraud and wire fraud. Federal officials said...
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FILE - In this April 21, 2016, file photo, Matt Lauer, co-host of the NBC "Today" television program, appears on set in Rockefeller Plaza, in New York. NBC has concluded in an internal investigation ordered after Lauer's firing that it does not believe there is a culture of sexual harassment in its news division. The network says that more needs to be done to ensure employees know how to report complaints about misconduct and not fear retaliation. To that end, NBC News Chairman Andy Lack said Wednesday, May 9, 2018, that he's creating a way for employees to make such complaints to a figure outside the company. (AP Photo/Richard Drew, File)
May 09, 2018 - 6:34 pm
NEW YORK (AP) — NBC's internal investigation following Matt Lauer's firing says it doesn't believe there is a culture of sexual harassment at the news division and that current news executives weren't aware of the former "Today" show anchor's behavior until the complaint that doomed him...
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May 09, 2018 - 3:21 pm
NEW YORK (AP) — A New York hedge fund founder was arrested Wednesday on charges that he exaggerated his company's performance by over $200 million to impress and preserve investors. Anilesh Ahuja, 49, of Manhattan, was charged with conspiracy, securities fraud and wire fraud. Federal officials said...
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FILE - In this May 4, 2017, file photo, workers dismantle the charred remains of a house where an explosion killed two people in Firestone, Colo. A shareholder lawsuit alleges Anadarko Petroleum was focused on keeping old wells running, not fixing potential safety problems in the months before the fatal house explosion.(AP Photo/Brennan Linsley, File)
May 09, 2018 - 2:32 pm
DENVER (AP) — A shareholder lawsuit alleges Anadarko Petroleum was focused on keeping oil and gas flowing from older wells, not fixing potential safety problems, in the months before a fatal house explosion in Colorado linked to an Anadarko well. The lawsuit cites former company employees as saying...
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May 09, 2018 - 12:33 pm
NEW YORK (AP) — A New York hedge fund founder has been arrested on charges that he exaggerated his company's performance by over $200 million to impress investors. Anilesh Ahuja, of Manhattan, was arrested Wednesday. He is the founder, chief executive officer and chief investment officer of the...
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