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Breaking Legal News

Suspended City Priest Resigns His Position

Sep 23, 2002
A priest who was suspended from his duties in July after being accused of sexually abusing a 14-year-old boy has resigned, the Archdiocese Of...

Minutes: Tyco Board Aware Of Perks

Sep 23, 2002
Minutes from a board meeting early this year contradict Tyco International's testament to regulators that board members had no knowledge of excessive...

Asbestos Claims Settled On Eve Of Trial

Sep 23, 2002
Dozens of multinational companies fighting one of the largest asbestos compensation trials in US history have broken ranks and opted to settle out of...

Grand Jury Indicts Former Adelphia Executives On Fraud Charges

Sep 23, 2002
A federal grand jury indicted five former Adelphia Communications Corp. executives on charges they looted the company of hundreds of millions of...

Industry Regulator Fines Salomon Smith Barney $5 Million In Winstar Probe

Sep 23, 2002
The National Association of Securities Dealers fined Citigroup Inc.'s Salomon Smith Barney $5 million for issuing misleading research reports in 2001...

Citigroup Unit To Pay $5M NASD Fine

Sep 23, 2002
Citigroup Inc.'s investment banking division agreed to pay a $5 million fine Monday to settle charges it issued "materially misleading" research...

Adelphia Founder, 4 Others Indicted

Sep 23, 2002
Adelphia Communications Corp. founder John J. Rigas, his sons and two other former executives were indicted Monday on charges that included...

Bishop Let Priest Continue Working

Sep 23, 2002
The US Catholic bishop who has led efforts to confront clergy sex abuse has let a priest continue working despite allegations of inappropriate...

Salomon May Be Close To Deal With Regulators

Sep 23, 2002
Salomon Smith Barney and its former telecommunications analyst, Jack Grubman are closing in on an agreement with securities regulators to settle an...

Tyco Execs' Bond Money Under Suspicion

Sep 23, 2002
Former Tyco CEO Dennis Kozlowski remains free on corruption and grand larceny charges at least for now, but he faces a legal battle this week over...

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