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Feds Delay Sentencing in HP Pretexting Case Due to 'Related Matter'
11:30AM 8/30/2011
Five years after tech giant Hewlett-Packard found itself at the center of a headline-grabbing pretexting scandal, DailyFinance has learned that federal authorities have expanded the scope of their prosecution to include other potential defendants.
What If AT&T's T-Mobile Buyout Gets Shot Down by Regulators?
9:00AM 5/04/2011
Company News, Technology, Sprint Nextel Corp, Apple, AT&T, Comcast, Time Warner Cable, Stocks in the News
Regulators have begun to take a long, hard look at whether the AT&T buyout of T-Mobile would create a quasi-monopoly in the American cellular carrier industry. If those antitrust concerns sink the deal, AT&T could be in real trouble, because cellular is its only clear hope for growth.
The Financial Crisis Inquiry Commission's report concludes that ineffective regulators and big banks were the primary causes of the financial meltdown. Next stop: Government and class action lawsuits to recoup some of what we all lost, and (please please please) criminal charges against the worst offenders too.
Government Recovers $4 Billion from Health Care Fraud Cases
12:27PM 1/25/2011
The government recouped a staggering $4 billion in fiscal 2010 that was stolen from federal health care programs, the departments of Justice and Health and Human Services announced Monday -- the highest annual amount ever. More than half of the fraud money recovered came from drug companies.
For decades, U.S. companies doing business overseas have had to avoid falling afoul of the Foreign Corrupt Practices Act, which prohibits the bribing of foreign officials. But in the past few years, such corporate misbehavior is receiving more attention and increased enforcement, which is making executives nervous.
The U.S. Stops Silicon Valley's 'No Poaching' Deals. . . a Few Years Too Late
12:00PM 9/26/2010
Company News, Technology, Hewlett-Packard, Google , Intel, Oracle, Apple, Facebook, Careers, Adobe Systems, Stocks in the News
On Friday, the Justice Department announced it had settled with six tech giants that had made anticompetitive agreements not to poach top employees from each other. That may have been an issue two years ago, but not now as a major talent war rages in Silicon Valley.
Legal Briefing: Allergan Pays $600 Million to Settle Botox Charges
11:34AM 9/03/2010
Pharmaceutical firm Allergan has settled criminal and civil charges that it promoted Botox for uses the FDA hadn't approved, agreeing to pay $600 million and enter into a "corporate integrity agreement." Allergan also dropped its related First Amendment lawsuit against the FDA.
HP to Settle Justice Department Kickbacks Lawsuit for $50 Million
2:30AM 8/03/2010
Company News, Technology, Earnings, Hewlett-Packard, Microsoft, Oracle, Sun Microsystems
Hewlett-Packard shares rose in after-hours trading after the company agreed to settle a lawsuit from the Justice Department, which claimed the company paid kickbacks to get recommendations for government work. The settlement will cost 2 cents per share.
Now that they are nearly done squeezing Swiss bank UBS for information about its wealthy tax-dodging clients, the IRS and the Justice Department are moving on to new tax fraud targets: Clients of London-based bank HSBC Holdings, mostly those with ties to India and Singapore.
The Department of Justice may file suit Tuesday over Arizona's controversial immigration law, but if the lawsuit is crafted as has been rumored, it will frustrate all sides in the debate, because it avoids the merits of the law and focuses instead on Arizona's lack of authority to enact it.
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| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.05 | -0.13 -1.59% | 55.20M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 27.54 | -2.20 -7.40% | 9.02M | |
| 29.56 | -2.43 -7.60% | 8.76M |
% Gainers
| 35.62 | +11.72 +49.04% | 4.56M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 10.50 | +1.10 +11.70% | 1.78M | |
| 84.74 | +8.35 +10.93% | 3.49M |
% Losers
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