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Breaking Legal News

Washington Policy Holders Could Get $800,000 In MetLife Settlement

Sep 26, 2002
Washington has joined a national class-action settlement against Metropolitan Life Insurance Co. for race-based underwriting practices during the...

Merrill Faces $605M Suit Alleging Sham Energy Trades

Sep 26, 2002
Allegheny Energy is suing Merrill Lynch for $605 million plus unspecified punitive damages in the latest case involving the alleged use of sham...

Merrill Lynch Sued Over Trading Unit

Sep 26, 2002
Allegheny Energy Inc. filed a $1 billion damage suit against Merrill Lynch and Co. yesterday, contending that it overpaid for a Merrill Lynch...

FDA Should Ban Dangerous Diet Drug

Sep 26, 2002
Three years ago, U.S. Army pilot Capt. Michael McDonald was having the time of his life. At 35 years old, McDonald was happily married, the "picture...

Fastow's Surrender Expected Next Week

Sep 26, 2002
Former Enron Corp. chief financial officer Andrew Fastow is expected to surrender to federal authorities in Houston in the middle of next week to...

Ex-WorldCom Executive Pleads Guilty To Fraud

Sep 26, 2002
The Securities and Exchange Commission on Thursday filed a civil suit against David Myers, alleging that WorldCom's former financial controller broke...

WorldCom Employee Enters Guilty Plea

Sep 26, 2002
WorldCom's former controller David Myers has pleaded guilty to taking part in an accounting scandal which led to the downfall of the US telecoms...

WorldCom Exec Pleads Guilty

Sep 26, 2002
The former controller of WorldCom Inc. pleaded guilty Thursday to federal criminal charges in connection with a $7 billion accounting scandal at the...

SEC To Act Against Company Directors

Sep 26, 2002
The Securities and Exchange Commission is promising action against corporate directors who neglect their duty to protect shareholders against abuses...

Worldcom's Former Controller Myers Pleads Guilty To Three Felonies

Sep 26, 2002
The former controller of WorldCom Inc. pleaded guilty Thursday to his role in a $7.2 billion accounting scandal at the telecommunications giant....

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