Latest Corporate legal affairs News

Ivan Safronov, an adviser to the director of Russia's state space corporation, stands behind bars in a courtroom in Moscow, Russia, Tuesday, July 7, 2020. Safronov, a former journalist who worked as an adviser to the director of the Russian state space corporation, pleaded innocent to the treason charges against him. Ivan Safronov, a former journalist who served as an adviser to Roscosmos head Dmitry Rogozin, was detained in Moscow by agents of the Federal Security Service (FSB), the main KGB successor agency. (Sofia Sandurskaya, Moscow News Agency photo via AP)

Russian space official, ex-journalist, charged with treason

Jul. 7, 2020 4:32 PM EDT

MOSCOW (AP) — A former journalist who worked as an adviser to the director of Russia's state space corporation was arrested and jailed Tuesday on charges of passing military secrets to Czech intelligence, accusations that many of his colleagues dismissed as absurd. Ivan Safronov, who had written about...

FILE - In this Dec. 30, 2011 file photo, Cao GuangJing, left, CEO of China Three Gorges Corporation, embraces Antonio Mexia, CEO of Energia de Portugal (EDP) after signing a deal at the Portuguese Finance Ministry in Lisbon. The Lisbon stock exchange on Monday july 6, 2020, suspended trading in Portugal's national energy provider EDP and its international renewable energy division after media reports said a magistrate has suspended the CEOs of both companies amid a major corruption investigation. EDP is one of Portugal's biggest companies, with significant interests in the U.S. renewable energy market. Its biggest shareholder is China Three Gorges. (AP Photo/ Francisco Seco)

Portuguese energy firms replace CEOs amid corruption probe

Jul. 7, 2020 7:06 AM EDT

LISBON, Portugal (AP) — Shares in Portugal’s blue-chip national energy provider EDP and its international renewable energy division rose Tuesday after the companies replaced their CEOs amid a corruption investigation. An investigating magistrate on Monday ruled that Energias de Portugal CEO Antonio...

Trading halted in Portugal energy firm amid corruption probe

Jul. 6, 2020 1:57 PM EDT

LISBON, Portugal (AP) — The Lisbon stock exchange suspended trading in Portugal’s national energy provider EDP and its international renewable energy division Monday after media reports said a magistrate had suspended the chief executives of both companies amid a major corruption investigation. The...

File---Picture taken June 24, 2020 shows the Wirecard logo at the headquarters of the payment service provider in Aschheim, Germany.  (Sven Hoppe/picture-alliance/dpa via AP, file)

Second executive arrested in Wirecard scandal in Germany

Jul. 6, 2020 10:37 AM EDT

FRANKFURT, Germany (AP) — Another executive with bankrupt payment company Wirecard has been arrested in Germany on suspicion of aggravated fraud, prosecutors said Monday. The suspect, the head of a company subsidiary in Dubai, had returned to Germany to face proceedings. The arrest comes after former CEO...

Today in History

Jul. 5, 2020 12:00 AM EDT

Today in History Today is Sunday, July 5, the 187th day of 2020. There are 179 days left in the year. Today’s Highlight in History: On July 5, 1947, Larry Doby made his debut with the Cleveland Indians, becoming the first Black player in the American League three months after Jackie Robinson broke the...

Nigerian man charged with cyber fraud against US companies

Jul. 3, 2020 2:51 PM EDT

CHICAGO (AP) — A Nigerian national appeared in federal court in Chicago Friday accused of orchestrating an international cyber fraud scheme that federal prosecutors say defrauded U.S. businesses in six states out of tens of millions of dollars. Olalekan Jacob Ponle, 29, originally of Lagos, Nigeria, was...

Family files discrimination lawsuit against Hampton Inn

Jul. 3, 2020 2:49 PM EDT

WILSON, N.C. (AP) — A Black family has filed a federal lawsuit against the parent company of Hampton Inn and others after the family said a North Carolina clerk called police on them over a billing dispute two years ago. Delores Corbett was seeking clarification on a billing error for her prepaid room at...

A police officer gives instructions to people to observe social distancing, as people walk outside a court in Istanbul, Friday, July 3, 2020, where the trial began for defendants accused of smuggling former Nissan Motor Co. chairman Carlos Ghosn out of Japan. A private airline official, four pilots and two flights attendants are on trial in Istanbul, accused of smuggling former Nissan Motor Co. chairman Carlos Ghosn out of Japan to Lebanon, via Turkey. Turkish prosecutors are seeking up to eight years in prison each for the four pilots and the airline official on charges of illegally smuggling a migrant, for helping Ghosn escape to Lebanon while he awaited trial in Japan. (AP Photo/Mehmet Guzel)

Turkey: pilots on trial over Ghosn escape released from jail

Jul. 3, 2020 1:00 PM EDT

ISTANBUL (AP) — A Turkish court on Friday released four pilots and a private airline official from jail, pending the outcome of their trial on charges of smuggling former Nissan Motor Co. chairman Carlos Ghosn out of Japan to Lebanon, via Turkey. The court, however, barred the five from leaving Turkey and...

Judge sanctions Mountaire in Delaware wastewater lawsuit

Jul. 2, 2020 5:27 PM EDT

DOVER, Del. (AP) — A Superior Court judge has ordered an Arkansas poultry processing company and two Delaware subsidiaries to pay more than $28,000 in sanctions for repeatedly refusing to provide information to plaintiffs suing the company over wastewater violations in southern Delaware. The judge this...

Novartis pays $678M to resolve suit over sham doctor outings

Jul. 1, 2020 10:58 PM EDT

NEW YORK (AP) — Novartis Pharmaceutical Corp. will pay $678 million to the U.S. government and various states to settle a lawsuit over a sham speaker program that distributed cash, expensive dinners and other treats to induce doctors to prescribe its products, federal authorities announced Wednesday. The...