Latest Corporate legal affairs News

Baylor probe clears ex-chairman of racist, sexist comments

Feb. 18, 2020 4:31 PM EST

WACO, Texas (AP) — Law firm investigators hired by Baylor University concluded the former chairman of the university's board of regents did not make racist, lewd and anti-Semitic comments during a 2014 meeting in Mexico. The allegations against Richard Willis surfaced in late 2018 in federal court filings...

FILE - In this Tuesday, July 24, 2018 file photo, Russian opposition figure Mikhail Khodorkovsky, the former owner of the Yukos Oil Company, poses for a photograph after being interviewed by The Associated Press in London. A Dutch appeals court on Tuesday Feb. 18, 2020, reinstated an international arbitration panel’s order to Russia to pay $50 billion compensation to shareholders in former Russian oil giant Yukos. (AP Photo/Matt Dunham, File)

Court reinstates order for Russia to pay $50 bln over Yukos

Feb. 18, 2020 5:31 AM EST

THE HAGUE, Netherlands (AP) — In a major legal defeat for the Russian government, a Dutch appeals court on Tuesday reinstated an international arbitration panel’s order that it should pay $50 billion compensation to shareholders in former oil company Yukos. The ruling overturned a 2016 decision by...

FILE - In this Sept. 1, 2017, file photo, smoke rises from the Arkema Inc. owned chemical plant in Crosby, near Houston, Texas. In February 2020, the Pennsylvania-based company, which is a subsidiary of a French chemical manufacturer, and three of its executives are set to stand trial in Houston in a case that legal experts say will be a challenge for prosecutors to win. (KTRK via AP, File)

Trial to begin over Arkema chemical plant fire during Harvey

Feb. 17, 2020 1:25 PM EST

HOUSTON (AP) — Hurricane Harvey’s historic flooding in 2017 overwhelmed power systems at Arkema Inc.’s chemical plant in suburban Houston, eventually causing organic peroxides made at the facility to catch fire and explode, sending noxious black smoke into the air. The blaze forced the...

FILE - This undated photo provided by Robert Brown Public Relations shows Greg Lindberg. Lindberg, and two associates, accused of fraud conspiracy and bribery counts related to an alleged scheme of giving up to $2 million in campaign money to help Insurance Commissioner Mike Causey in exchange for Causey pushing aside a senior deputy, go on trial next week. (Robert Brown Public Relations/Greg Lindberg via AP, File)

Political corruption trial of big N Carolina donor to start

Feb. 15, 2020 10:26 AM EST

RALEIGH, N.C. (AP) — An insurance company magnate and two associates go on trial this week on charges they conspired to bribe an elected North Carolina regulator with up to $2 million in campaign money so scrutiny of his businesses would ease. U.S. District Judge Max Cogburn will preside over the case...

FILE - In this Sept. 9, 2019, file photo, a Moran tugboat nears the stern of the capsizing vessel Golden Ray near St. Simons Sound off the coast of Georgia. The salvage team salvage team is seeking a federal permit to surround the shipwreck with a giant mesh barrier to contain any debris when they cut the ship apart. (AP Photo/Stephen B. Morton, File)

Salvage firm asks US judge to halt removal of capsized ship

Feb. 14, 2020 6:59 PM EST

SAVANNAH, Ga. (AP) — A maritime salvage company is asking a federal judge to stop the Coast Guard and a rival firm from carrying out their plans to remove a cargo ship that overturned five months ago on the Georgia coast. The multiagency team overseeing removal of the South Korean freighter Golden Ray...

Former Michigan State gymnastics coach Kathie Klages testifies, Friday, Feb. 14, 2020, in Lansing, Mich., during her trial where she faces two counts of lying to police. A jury on Friday found Klages guilty of lying to police when she denied that two teen athletes told her of sexual abuse by sports doctor Larry Nassar in 1997, nearly 20 years before he was charged.  She faces up to four years in prison. (Matthew Dae Smith/Lansing State Journal via AP)

How the Larry Nassar scandal has affected others

Feb. 14, 2020 6:39 PM EST

A former Michigan State University gymnastics coach was convicted Friday on charges that she lied to police when she denied that two teen athletes told her of sexual abuse by sports doctor Larry Nassar in 1997. It's the latest fallout from the scandal that has rocked the school. Kathie Klages, 65, was found...

File---Picture taken on Nov.4, 2019 shows the VW logo on a car at a VW factory opening ceremony for electric cars in Zwickau,  Germany. (Sebastian Willnow/dpa via AP)

Volkswagen offers 830 mln-euro diesel settlement in Germany

Feb. 14, 2020 10:23 AM EST

Automaker Volkswagen has offered 830 million euros as a settlement for owners of diesel vehicles that used software to mask excessive emissions. The company said Friday it was making the offer after talks broke down with a German consumer association that had been negotiating for a deal over fees for the...

Trucking company wants $181,500 in seized cash returned

Feb. 14, 2020 10:20 AM EST

TAMPA, Fla. (AP) — A Florida trucking company is suing two federal agencies, saying agents seized $181,500 in cash at Tampa International Airport and won't give it back. The federal lawsuit filed by FGL Transport, Inc., and owners Scott Smith and Michael Rozenberg asks the U.S. Department of Homeland...

FILE - In this Oct. 31, 2019, file photo, a man uses his smartphone as he stands near a billboard for Chinese technology firm Huawei at the PT Expo in Beijing. The Justice Department has added new criminal charges against Chinese tech giant Huawei and two of its United States subsidiaries, accusing the company in a plot to steal trade secrets. The indictment from federal prosecutors was announced Thursday by federal prosecutors in Brooklyn. (AP Photo/Mark Schiefelbein, File)

US brings new charges against Chinese tech giant Huawei

Feb. 14, 2020 7:26 AM EST

WASHINGTON (AP) — The U.S. Justice Department has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, accusing the company of a brazen scheme to steal trade secrets from competitors in America, federal prosecutors announced Thursday. The new indictment also alleges the...

FILE - In this Tuesday, Sept. 28, 2004, file photo, Tiffany Carr, executive director of Florida Coalition Against Domestic Violence, left, speaks at a news conference held by Gov. Jeb Bush, background right, to announce a public awareness campaign designed to prevent disaster-related domestic violence, in Tallahassee, Fla. On Thursday, Feb. 13, 2020, Florida Gov. Ron DeSantis ordered an investigation into a nonprofit domestic abuse agency whose CEO, Carr, had received $7.5 million in compensation over a three-year span. (AP Photo/Phil Coale, File)

Florida probes domestic violence agency that paid CEO $750K

Feb. 13, 2020 8:20 PM EST

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis on Thursday ordered an investigation into a nonprofit domestic abuse agency whose CEO had received $7.5 million in compensation over a three-year span. The House also voted to subpoena the Florida Coalition Against Domestic Violence's board of directors...