Latest Corporate legal affairs News

Ericsson will pay over $1 billion to resolve fraud case

Dec. 6, 2019 7:51 PM EST

NEW YORK (AP) — Sweden-based telecommunications company Ericsson will pay over $1 billion as part of a deal to resolve bribery conspiracy charges, prosecutors in New York said Friday. Prosecutors said Ericsson and the company's subsidiary Ericsson Egypt Limited were charged with conspiring to bribe...

Woman fights to keep name from suit alleging sexual assault

Dec. 6, 2019 4:01 PM EST

HOUSTON (AP) — A Texas woman is fighting for anonymity in a lawsuit alleging she was sexually assaulted by a co-worker, but a federal judge who plans to dismiss the case has ordered that her name be made public first. While an appeals court put the order on hold, legal experts say such actions are not...

Lyft driver charged with raping rider in June

Dec. 6, 2019 8:44 AM EST

ST. LOUIS (AP) — A driver for a the ride-hailing company Lyft has been charged with raping an intoxicated woman after picking her up in downtown St. Louis. Larry Donnell Ward, 53, of St. Peters, was charged Thursday with first-degree rape and kidnapping. According to the probable cause statement, Ward,...

UK anti-fraud agency investigating commodities firm Glencore

Dec. 5, 2019 10:43 AM EST

GENEVA (AP) — Commodities company Glencore says it’s facing an investigation by the British government’s fraud investigator amid suspicions of bribery. The company and Britain’s Serious Fraud Office confirmed the investigation in two-line statements. The fraud office said Thursday it...

Indonesia to fire airline CEO over smuggling accusation

Dec. 5, 2019 9:44 AM EST

JAKARTA, Indonesia (AP) — Indonesia's state-owned enterprises minister said Thursday he will fire and seek the prosecution of the head of the national airline after he was implicated in the smuggling of a Harley Davidson motorcycle into the country on a new jet. The minister, Erick Thohir, said at a news...

Judge: Purdue workers should get bonuses, but maybe not CEO

Dec. 4, 2019 6:56 PM EST

WHITE PLAINS, N.Y. (AP) — More time is needed to sort out whether the CEO of OxyContin maker Purdue Pharma should receive a $1.3 million bonus next year, but the company should be allowed to pay about $35 million in bonuses to 682 other employees, the judge overseeing the company's bankruptcy case said...

Ukrainian gas chief meets with prosecutors probing Giuliani

Dec. 4, 2019 5:12 PM EST

WASHINGTON (AP) — Federal prosecutors have interviewed the head of Ukraine’s state-owned gas company as part of an investigation into the business dealings of President Donald Trump’s personal lawyer Rudy Giuliani and two of Giuliani’s business associates. Andriy Kobolyev met...

Judge dismisses lawsuit in John Dillinger exhumation case

Dec. 4, 2019 4:35 PM EST

INDIANAPOLIS (AP) — A nephew of 1930s gangster John Dillinger needs a cemetery's permission to exhume the notorious criminal's Indianapolis gravesite to prove whether he's actually buried there, a judge ruled Wednesday in dismissing the nephew's lawsuit against the cemetery. Marion County Superior Court...

New Missouri lawsuit targets ‘rogue’ video gambling company

Dec. 4, 2019 2:54 PM EST

ST. LOUIS (AP) — The owner of a Missouri coin-operated game company wants a judge to shut down another company's video gambling terminals, alleging they are illegal and hurting profits. TNT Amusements filed the civil lawsuit last week in Crawford County against Torch Electronics, the St. Louis...

Huawei criticized at home over ex-employee’s incarceration

Dec. 4, 2019 3:57 AM EST

BEIJING (AP) — Chinese tech-giant Huawei’s reputation has been repeatedly attacked by the United States and others over allegations of Communist Party control. Now its vaunted status at home has taken a blow over an ex-employee’s report that he was thrown in jail for eight months on extortion...