When one of New York's longest running and most expensive legal shows closed Tuesday - the attempt to claw back some of former New York Stock Exchange chief executive Richard Grasso's nine-figure exit package - it also served as an epilogue of sorts on Grasso's legacy and on an era of wildly high CEO pay.
After 20 years of protesting his innocence - 17 of them spent behind bars - Martin Tankleff has finally been cleared of responsibility for the 1988 murder of his parents, thanks to a motion filed by the New York Attorney General's office on Monday.
The four-year legal battle over former NYSE Chairman Richard Grasso's $187.5 million compensation package ended Tuesday when a New York appeals court dismissed claims against him of excessive pay and the state's top prosecutor said the case was closed.
Anheuser-Busch Companies Inc. will reformulate its alcoholic energy drinks to remove caffeine and other stimulants they contain as part of a nationwide legal settlement, it announced Thursday.
While Congress has talked for a year about a federal response to the foreclosure crisis, attorneys general have been busy helping troubled homeowners at the state level.
In a move to protect investors from shady security-selling practices, major credit-rating firms Moody's, S&P, and Fitch reached a cooperation agreement with New York state Attorney General Andrew Cuomo Thursday.
Dell Inc. deceived customers in a massive "bait and switch" scheme to increase sales of its computer and electronic products, a New York state judge ruled Tuesday.
New York Attorney General Andrew Cuomo is investigating 18 Wall Street investment banks regarding the collapsed auction rate securities market, according to an article from the Wall Street Journal.
When one of New York's longest running and most expensive legal shows closed Tuesday - the attempt to claw back some of former New York Stock Exchange chief executive Richard Grasso's nine-figure exit package - it also served as an epilogue of sorts on Grasso's legacy and on an era of wildly high CEO pay.
After 20 years of protesting his innocence - 17 of them spent behind bars - Martin Tankleff has finally been cleared of responsibility for the 1988 murder of his parents, thanks to a motion filed by the New York Attorney General's office on Monday.
The four-year legal battle over former NYSE Chairman Richard Grasso's $187.5 million compensation package ended Tuesday when a New York appeals court dismissed claims against him of excessive pay and the state's top prosecutor said the case was closed.
Anheuser-Busch Companies Inc. will reformulate its alcoholic energy drinks to remove caffeine and other stimulants they contain as part of a nationwide legal settlement, it announced Thursday.
While Congress has talked for a year about a federal response to the foreclosure crisis, attorneys general have been busy helping troubled homeowners at the state level.
In a move to protect investors from shady security-selling practices, major credit-rating firms Moody's, S&P, and Fitch reached a cooperation agreement with New York state Attorney General Andrew Cuomo Thursday.
Dell Inc. deceived customers in a massive "bait and switch" scheme to increase sales of its computer and electronic products, a New York state judge ruled Tuesday.
New York Attorney General Andrew Cuomo is investigating 18 Wall Street investment banks regarding the collapsed auction rate securities market, according to an article from the Wall Street Journal.
After enduring months of scrutiny and attacks, the big three credit rating agencies were criticized once again Thursday, with critics charging that their recent efforts to shore up their shaken rating systems are too little and too late.
Twelve states sued the Bush administration on Wednesday to force greater disclosure of data on toxic chemicals that companies store, use and release into the environment
Federal regulators said Friday they are reviewing the role credit-rating agencies played in the mortgage market debacle for borrowers with weak credit.
Student loan company Nelnet reached a $2 million settlement with New York Attorney General Andrew Cuomo stemming from investigations into the company's student loan practices.
Oil behemoth Exxon Mobil Corp. is the target of a lawsuit filed by the New York attorney general's office that claims the company did not clean up 17 million gallons of spilled oil in Brooklyn over the past century, the New York attorney general's office announced Tuesday.
UBS agreed to pay $21.3 million to approximately 3,000 current and former customers, plus a $2 million penalty as part of a settlement regarding its InsightOne fee-based brokerage program.
New York, Illinois and Missouri announced settlements Monday with three schools for participating in questionable student loan practices, marking the latest development in the widening student loan scandal.
Late Sunday night, student loan giant Sallie Mae, or SLM Corp. as the company is officially known, became the latest major American corporation to succumb to the advances of private equity. Sallie will be sold to a consortium of two private equity firms - JC Flowers and Friedman Fleischer & Lowe - and two banks that have their own student loan businesses - JP Morgan and Bank of America - for some $60 a share, or $25 billion. That represents a premium of almost 50 percent based on Sallie's stock price before word of the deal began to leak.
New York Attorney General Andrew Cuomo announced Thursday that he intends to file a lawsuit against ExxonMobil and 4 other companies that will require them to clean up Newtown Creek, which has been polluted by a 17 million gallon oil spill among other contaminates, according to Cuomo's office.
Jeanine Pirro, the longtime prosecutor who had been set to run against Sen. Hillary Rodham Clinton next year, has decided to drop out of the U.S. Senate race in New York, she announced Wednesday.
Former New York Gov. Mario Cuomo and his son, former Housing and Urban Development Secretary Andrew Cuomo, endorsed Sen. John Kerry for president Saturday.
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