Latest Corporate legal affairs News

Correction: damage at Noah's Ark attraction story

May. 25, 2019 12:55 PM EDT

WILLIAMSTOWN, Ky. (AP) — In a story May 24 about property damage at a Noah's Ark attraction in Kentucky, The Associated Press reported erroneously that flooding caused the damage. The damage was caused by heavy rains over a period of two years. A corrected version of the story is below: In the Bible, the...

Judge: Anheuser-Busch must pull some ads about MillerCoors

May. 25, 2019 11:25 AM EDT

MILWAUKEE (AP) — A Wisconsin judge has ordered Anheuser-Busch to stop suggesting in advertising that MillerCoors' light beers contain corn syrup, wading into a fight between two beer giants that are losing market share to small independent brewers. U.S. District Judge William Conley for the Western...

Lawyer: Deal close in Weinstein sexual misconduct lawsuits

May. 23, 2019 11:51 PM EDT

NEW YORK (AP) — A tentative deal has been reached to settle multiple lawsuits brought against the television and film company co-founded by Harvey Weinstein, who has been accused of sexual misconduct by scores of women. Attorneys involved in the negotiations told a federal bankruptcy court judge during a...

Bank CEO pleads not guilty in bid to get Trump post

May. 23, 2019 9:26 PM EDT

NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing wrong....

Tokyo-Vegas investment chief gets 50 years in huge scheme

May. 23, 2019 7:08 PM EDT

LAS VEGAS (AP) — The former head of a Tokyo and Las Vegas investment firm was sentenced Thursday to 50 years in prison for bilking thousands of Japanese victims in what prosecutors called a $1.5 billion international Ponzi scheme that ranks among the largest-ever fraud cases in the U.S. Defendant Edwin...

Brazil sues tobacco companies to recover public health costs

May. 23, 2019 5:40 PM EDT

RIO DE JANEIRO (AP) — Tobacco giant Philip Morris said Thursday that Brazil's courts have consistently ruled that tobacco companies are not liable for smoking-related health damages after the country's attorney general filed a lawsuit seeking to recover costs to the public health system in treating such...

Judge rules Qualcomm violated antitrust law in chip market

May. 22, 2019 11:19 PM EDT

NEW YORK (AP) — A federal judge has ruled that Qualcomm unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple in a decision that undercuts a key part of its business. The decision vindicates the U.S. Federal Trade Commission two years after it filed...

Ex-detective pleads guilty to operating brothels

May. 22, 2019 9:34 PM EDT

NEW YORK (AP) — A retired New York Police Department vice detective and his wife have admitted to running a prostitution and gambling ring that allegedly involved seven police officers and dozens of civilians. Prosecutors say 51-year-old Ludwig Paz pleaded guilty Wednesday to attempted enterprise...

Search warrants tied to former Trump lawyer Cohen released

May. 22, 2019 8:35 PM EDT

WASHINGTON (AP) — It was Michael Cohen's numerous contacts with a Russia-linked company and a sudden flow of foreign money into a bank account he controlled that led federal investigators to look into whether the money might be part of a plan to lift U.S. sanctions on Russia, according to court filings...

Bankruptcy judge approves sale of Reading Eagle to chain

May. 22, 2019 7:34 PM EDT

READING, Pa. (AP) — A federal bankruptcy judge on Wednesday approved the sale of the 150-year-old Reading Eagle to a publisher known for its aggressive cost-cutting. MediaNews Group, better known as Digital First Media, offered $5 million for the assets of the Reading Eagle Co., which filed for bankruptcy...