Speakers at the Security Council this morning expressed deep sorrow over the loss of life that resulted from the downing of a commercial airliner over eastern Ukraine yesterday, calling for a credible investigation into the tragic incident and urging accelerated political efforts to end the country’s crisis. For that to happen, a concerted effort by […]
In a meeting today to address the devastating impacts of the violence engulfing Gaza — claiming civilian lives and threatening an already troubled region — the United Nations senior political official told the Security Council the attacks and retaliations were frustrating hopes of any de-escalation. Briefing the 15-member body, Jeffrey Feltman, Under-Secretary-General for Political Affairs, […]
FedEx is innocent of the charges brought today by the Department of Justice. We will plead not guilty. We will defend against this attack on the integrity and good name of FedEx and its employees. FedEx has a 42-year history of close cooperation with law enforcement agencies. We’re proud to say that we have partnered […]
WASHINGTON – In response to Russia’s continued attempts to destabilize eastern Ukraine and its ongoing occupation of Crimea, the U.S. Department of the Treasury today imposed a broad-based package of sanctions on entities in the financial services, energy, and arms or related materiel sectors of Russia, and on those undermining Ukraine’s sovereignty or misappropriating Ukrainian […]
The Justice Department, along with federal and state partners, today announced a $7 billion settlement with Citigroup Inc. to resolve federal and state civil claims related to Citigroup’s conduct in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) prior to Jan. 1, 2009. The resolution includes a $4 billion civil penalty […]
PALO ALTO, Calif. — HP, Cotchett, Pitre & McCarthy, LLP, and Robbins Geller Rudman & Dowd LLP today announced they have reached an agreement to settle shareholder derivative litigation arising from the acquisition of Autonomy. The settlement is subject to court approval. Following HP’s announcement in November 2012 that Autonomy had engaged in accounting improprieties, […]
Amazon.com, Inc. has billed parents and other account holders for millions of dollars in unauthorized in-app charges incurred by children, according to a Federal Trade Commission complaint filed today in federal court. The FTC’s lawsuit seeks a court order requiring refunds to consumers for the unauthorized charges and permanently banning the company from billing parents […]
WASHINGTON, D.C.—The U.S. Chamber of Commerce, Partnership for a New American Economy, American Farm Bureau Federation, Business Roundtable, AmericanHort, Western Growers, and the National Association of Manufacturers today urged Congress and the administration to work together to enact immigration reform during a Day of Action with events in Washington, D.C. and in more than 60 […]
NEW YORK– American International Group, Inc. (AIG) insurers have introduced a new policy endorsement that ensures primary D&O policy funds are immediately available to clients named as defendants in securities lawsuits for the preparation of “event studies.” The endorsement was developed in anticipation of the U.S. Supreme Court’s June 23, 2014 decision in Halliburton Co. […]
In a complaint filed today, the Federal Trade Commission is charging mobile phone service provider T-Mobile USA, Inc., with making hundreds of millions of dollars by placing charges on mobile phone bills for purported “premium” SMS subscriptions that, in many cases, were bogus charges that were never authorized by its customers. The FTC alleges that […]
