investigation

Pampers Dry Max, the newest version of the popular diaper line that was blamed by thousands of parents for causing rashes and burns on infants and toddlers, survived an initial federal investigation and is not being recalled. However, the case has not been closed. "We encourage parents to talk...

In a sternly worded letter to BP's attorneys, oil rig owner Transocean accuses BP of withholding critical information needed to investigate the cause of the Gulf oil spill. BP calls the accusation "a publicity stunt."

State insurance regulators have issued a consumer alert about the industry practice of retaining death benefit funds rather than paying them in a lump sum. The National Association of Insurance Commissioners is warning beneficiaries about retained-asset accounts, or accounts where insurers hold...

Two federal agencies are investigating whether drugmaker Merck & Co. violated the Foreign Corrupt Practices Act, which bars U.S. companies from bribing foreign officials.

In 2003, the U.S. Supreme Court held in Grutter v. Bollinger that race could be a "plus factor" considered in school admissions. On Tuesday, the 5th Circuit Court of Appeals will hear arguments in the first case to ask precisely what that means.

The New York attorney general's office has launched what it's calling a "major fraud investigation" into whether life insurance companies are putting clients' money into potentially risky accounts to earn higher interest for themselves.

Federal officials plan to investigate at least three companies involved in the Gulf oil spill as a part of a criminal probe that will determine if their relationship with federal regulators contributed to the disaster, The Washington Post reported.

After a five-year investigation by the Securities and Exchange Commission, computer maker Dell agreed to pay a $100 million settlement to end civil charges of fraudulent accounting. The agency accuses Dell of pumping up its reported profits with undisclosed payments from Intel.

Federal prosecutors are conducting a criminal investigation into whether Goldman Sachs or its employees committed securities fraud in connection with mortgage trading, The Wall Street Journal reports. The Manhattan U.S. Attorney's Office is heading the preliminary investigation.

The SEC was aware in 1997 that R. Allen Stanford was probably running a Ponzi scheme, reveals the watchdog's report. But cases that weren't quick hits were avoided, and an agency officer who discouraged a probe went on to work for Stanford.