Tribunal Rules on Merrill Lynch Lawsuit
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Merrill Lynch &amp; Co. did not discriminate against a female executive, but it did fire her unfairly, a British employment tribunal ruled Wednesday.
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An arbitrator ruled Friday that he has jurisdiction to decide whether the brawl-related suspensions given to Ron Artest and other NBA players can be appealed to someone other than commissioner David Stern.
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Regulators are investigating whether several current and former employees at Merrill Lynch & Co Inc  improperly placed trades for the brokerage house's own account ahead of client orders, The Wall Street Journal reported on Monday.
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A court ruling expected in a Manhattan bankruptcy court could have significant implications for hedge funds domiciled in faraway places.
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The judge in the WorldCom lawsuit ruled that the investment banks that sold billions of dollars in the companyÂs bonds must persuade a jury that they conducted appropriate due diligence before the offering.
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Judge Lewis A. Kaplan of Federal District Court in Manhattan gave final approval to a $50 million partial settlement by Banca Nazionale del Lavoro of Italy and units of the Credit Suisse Group in an investor lawsuit over the collapse of the Italian dairy company Parmalat in 2003. Banca Nazionale and units of Credit Suisse each will pay $25 million and make corporate governance changes. The judge also approved expenses of $6 million for lawyers of the plaintiffs.
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The U.S. Supreme Court said on Thursday it would hear an appeal by leading Wall Street underwriters and institutional investors of a ruling that a lawsuit accusing them of illegally manipulating the price of stocks in initial public offerings can proceed.
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The ruling could force Wall Street firms to step up oversight of some of their most lucrative clients.
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Merrill Lynch & Co Inc on Thursday posted a quarterly loss of nearly $10 billion after writedowns and adjustments totaling about $16 billion as bad subprime mortgage bets forced the brokerage to sell stakes in the company to foreign investors to raise capital.
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HOUSTON, Oct. 7 -- The government prepared Thursday to rest its fraud and conspiracy case against four former Merrill Lynch & Co. executives and two former mid-level Enron Corp. executives, following testimony from a key Enron executive that a barge sale was a sham designed to inflate profits.
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The Supreme Court on Tuesday rejected an appeal by Enron Corp investors seeking to proceed with a $40 billion class-action lawsuit against investment banks like Merrill Lynch & Co Inc that put together financing deals for the now defunct energy trader.
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A U.S. judge has ruled that a lawsuit filed by Enron investors can go to trial in April as planned even though an appeals court has not yet issued a key decision on whether the plaintiffs can be allowed to join as a group.
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A state Appeals Court panel yesterday upheld a decision that a former employee of Putnam Investments isn't entitled to a share of the millions of dollars the Boston company paid to settle charges it allowed improper trades in its mutual funds.
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A former top executive at Merrill Lynch lost a sexual discrimination suit against the global investment bank, in which she had sought more than seven million pounds (13.4 million dollars, 10 million euros) in damages before a British labour tribunal.
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A British panel on Wednesday dismissed a high-profile sexual discrimination suit filed by a former executive against Merrill Lynch, but ruled that the woman who made the
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Two lawyers appointed to help former Yugoslav President Slobodan Milosevic in his war crimes trial cannot withdraw from the case, the tribunal's president has ruled in a decision announced Tuesday.
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A top Merrill Lynch official is due to  testify on Wednesday over a 7.5 million pound ($13.4 million)  sex discrimination lawsuit brought against the U.S.-based  investment bank by former executive Stephanie Villalba.