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    1. August 4, 2014

      Prosecuting bankers would be a start

      Bank chief executives like to distance themselves from the waves of litigation washing over their companies by saying they...

    2. July 30, 2014

      BofA ordered to pay $1.3bn in ‘Hustle’ case

      Bank of America was ordered to pay $1.3bn by a judge on Wednesday for a “brazen fraud” in which bank staff sold toxic...

    1. January 30, 2014

      US seeks $2.1bn from BofA over mortgage fraud

      The US government has asked for $2.1bn in penalties from Bank of America in a high-profile case where the bank was found...

    2. FT Alphaville

      January 24, 2014

      That Jamie Dimon raise

      So the bank has paid around $20bn in fines, penalties, etc, but Wall Street’s favourite chief executive is going to get a...

    3. November 12, 2013

      Top judge criticises DoJ for not holding individuals accountable

      The US Department of Justice’s use of deferred prosecution agreements to resolve criminal investigations without holding...

    4. Business Blog

      August 20, 2013

      A victory for common sense in the Falcone case

      The admission of wrongdoing by Philip Falcone, pictured left, and his hedge fund Harbinger Capital Partners, along with a...

    5. June 19, 2013

      SEC considers policy shift on admissions of wrongdoing

      The Securities and Exchange Commission is considering a change that would require some defendants to admit wrongdoing when...

    6. May 21, 2013

      Prosecutors must uphold the law, not cut deals with the accused

      Plea bargaining – in which accuser and accused strike a deal – is not an aspect of legal process with which anyone should...

    7. March 28, 2013

      Judge mulls SAC’s $602m settlement

      A US judge said he needed additional time before approving SAC Capital’s $602m insider trading settlement with the...

    8. January 10, 2013

      Ex-SAC analyst gets two years probation

      Wesley Wang, a former analyst for the $14bn hedge fund SAC Capital and a key co-operating witness in the government’s wide...

    9. January 9, 2013

      Ex-SAC analyst named 20 alleged insider traders

      Wesley Wang, a former analyst for the $14bn hedge fund SAC Capital, has named 20 people who traded on inside information,...

    10. January 4, 2013

      Goldman seeks $7m legal costs from Gupta

      Goldman Sachs is seeking nearly $7m from a former board member convicted of insider trading to cover its legal fees and...

    11. October 26, 2012

      Gupta sentenced to two years in prison

      Rajat Gupta, the former director of McKinsey, was sentenced to two years in prison for insider trading and fined $5m,...

    12. October 24, 2012

      Gupta sentenced to two years in jail

      Rajat Gupta, the highest-ranking executive convicted in a wide-ranging US crackdown on insider trading, was sentenced to two...

    13. June 12, 2012

      Gupta’s daughter says father was ‘depressed’

      Rajat Gupta was “upset” and “stressed” over his failed investment in a Galleon hedge fund only days before he was alleged to...

    14. June 5, 2012

      Goldman chief testifies at Gupta trial

      Lloyd Blankfein, chief executive of Goldman Sachs, testified in the insider trading trial of Rajat Gupta, a former director...

    15. May 30, 2012

      Gupta lawyers say traders bragged falsely

      Lawyers for Rajat Gupta, the former director of Procter & Gamble accused of insider trading, have suggested traders at the...

    16. May 30, 2012

      Hedge fund traded on Procter tip

      Former Galleon portfolio manager Michael Cardillo testified at the insider trading trial of Rajat Gupta, a former Procter &...

    17. May 21, 2012

      Prosecutor outlines case against Gupta

      Rajat Gupta “broke” the law and shared company secrets with a hedge fund billionaire as part of a vast insider trading...

    18. May 16, 2012

      Legal bargains plan goes before MPs

      US-style prosecution deals, which would see companies pay multimillion pound fines in exchange for prosecutors suspending a...

    19. May 16, 2012

      Judge to allow wiretaps in Gupta case

      A US judge overseeing the insider trading case against Rajat Gupta, a former Goldman Sachs board member, said he plans to...

    20. March 19, 2012

      NY Mets owners buy time in Madoff case

      The owners of the New York Mets will pay $162m to settle with the trustee recovering assets for victims of Bernard Madoff’s...

    21. March 18, 2012

      Jury to decide Mets owners’ Madoff links

      Owners of the New York Mets baseball team need to convince a jury they had no inkling that Bernard Madoff’s investment fund...

    22. March 15, 2012

      Court hints at SEC-Citigroup appeal support

      A US court has signalled it may side with the Securities and Exchange Commission in its appeal of a lower court’s rejection...

    23. March 5, 2012

      Cap set on Mets owners’ Madoff payout

      Owners of the New York Mets baseball team will have to pay up to $83m to the trustee liquidating Bernard Madoff’s company, a...

    24. February 22, 2012

      UniCredit wins dismissal in Madoff case

      UniCredit and its former chief executive have won the dismissal of the most serious claims filed against them by the trustee...

    25. February 17, 2012

      Gupta lawyers unsuccessful with Goldman interviews

      A lawyer for Rajat Gupta, the former Goldman Sachs board member accused of insider trading, said he has tried unsuccessfully...

    26. January 6, 2012

      SEC changes policy on criminal admission

      Companies that admit criminal wrongdoing will no longer be able to deny the allegations in a parallel civil settlement under...

    27. December 30, 2011

      Rakoff accuses SEC of misleading federal court

      The war of words between the Securities and Exchange Commission and Judge Jed Rakoff escalated on Thursday after the jurist...

    28. December 22, 2011

      Judge challenges SEC settlement with Koss

      The Securities and Exchange Commission’s settlement with Koss Corp and its founder is being challenged by a US judge, in the...

    29. December 18, 2011

      SEC bares teeth with Fannie and Freddie charges

      The Securities and Exchange Commission’s civil fraud charges against six former Fannie Mae and Freddie Mac executives brings...

    30. December 15, 2011

      SEC appeals judge’s ruling on Citi settlement

      The US Securities and Exchange Commission said it will appeal a federal judge’s decision to reject the agency’s $285m...

    31. December 8, 2011

      Wells Fargo pays $148m to settle bond case

      Wells Fargo has agreed to pay $148m to settle allegations of rigged bids in the US municipal bond market by the Department...

    32. December 6, 2011

      Obama signals tougher penalties for bank fraud

      Barack Obama outlined a plan to toughen penalties against banks that commit fraud in a speech on Tuesday that hardened his...

    33. FT Alphaville

      December 2, 2011

      Don't offer this man a Rakoff

      Jed Rakoff is quite the hero. A New York District judge, he has done what the rest of us would love to do, and busted a cosy...

    34. December 2, 2011

      Court rejects settlement between Citi and SEC

      A US judge rejected the Securities and Exchange Commission’s $285m settlement with Citigroup over the bank’s sale of a...

    35. December 2, 2011

      Judge’s attack on SEC-condoned wording tells only half the story

      From Mr Bevis Longstreth. Sir, As you report (November 29), US district judge Jed S. Rakoff delivered a stinging and...

    36. FT Alphaville

      December 1, 2011

      Pick pinks

      Comment, analysis and more from Thursday’s FT, John Gapper: Judge Rakoff is just doing his job The US justice system is an...

    37. November 30, 2011

      Judge Rakoff is just doing his job

      The US justice system is an unlovely affair of frantic litigation by too many lawyers in too many courts, with expensive and...

    38. November 29, 2011

      SEC asks Congress for greater powers

      The Securities and Exchange Commission has asked Congress to expand the agency’s authority so it can pursue larger penalties...

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