Federal judge dismisses Iraq oil-for-food corruption lawsuit
A judge for the US District Court for the Southern District of New York on Wednesday dismissed an Iraqi government lawsuit accusing numerous business entities of conspiring with Saddam Hussein to disrupt...
Federal judge dismisses Goldman Sachs, other banks from GE securities lawsuit
Federal Judge Denise Cote on Wednesday dismissed a securities lawsuit against Goldman Sachs Group Inc. and 41 other defendants claiming that the banks helped mislead investors in the $12.2 billion stock offering by...
The UN Security Council on Wednesday voted to remove sanctions imposed on Iraq between 1991 and 2003 during the country's wars under former Iraqi dictator Suddam Hussein . The Security Council approved three...
Federal judge orders destruction of genetically-engineered crop
A federal judge on Tuesday ordered the destruction of a crop of genetically-engineered (GE) sugar beets because of the potential harmful effect the plants may have on surrounding flora, the first such order to be issued in...
General Electric Co. (GE) on Tuesday agreed to a $23.5 million settlement after the US Securities and Exchange Commission (SEC) filed a complaint accusing GE of bribing Iraqi officials to receive...
China court upholds convictions of mining employees for stealing commercial secrets
A Chinese appeals court on Monday upheld the convictions of three Chinese citizens convicted in March of receiving bribes and stealing commercial secrets while employed by Australian mining company Rio Tinto . The men, Wang Yong,...
Federal judge rejects Bank of America settlement agreement with SEC
A federal judge on Wednesday refused to accept a $33 million settlement agreement reached this week between the Securities and Exchange Commission (SEC) and Bank of America . The SEC charged BOA...
Former American International Group (AIG) executives on Thursday agreed to settle a suit brought by the US Securities and Exchange Commission (SEC) alleging their involvement in inflating the company's reported financial...
The US Securities and Exchange Commission (SEC) filed fraud charges Tuesday against General Electric Co. (GE) , resulting in GE agreeing to pay a $50 million settlement . The SEC accused GE of...
Environmental brief ~ China issues new radiation handling and accident-reporting procedures
In Thursday's environmental law news, the China State Council has issued a set of regulations regarding the safety, handling and reporting procedures for radioactive isotope and radiation devices. The procedures govern both...
