trial

Martha Stewart Denies Wrongdoing in J.C. Penney Deal

Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of J.C. Penney's stores across the country, despite a preexisting contract to sell some items exclusively at Macy's.

Legal Briefing: AIG to Pay $725 Million Fraud Settlement, Eventually

In the settlement of a lawsuit that predates the financial meltdown, AIG has agreed to pay shareholders $725 million for years of fraudulent practices that led to investors loosing money on the stock. But they only get $175 million up front. The rest, they may wind up getting in shares of AIG.

Legal Briefing: Novartis Settles Sex Discrimination Case

Pharmaceutical giant Novartis lost a huge gender discrimination case in May, and faced $250 million in punitive damages, plus possibly hundreds of millions more in compensatory damages. Rather than deal with years of appeals, both sides settled Wednesday for $152 million.

Legal Briefing: Court Gives the OK for 'Indecency' on TV

When the FCC decided in 2004 to start fining broadcasters over the use of fleeting expletives, the agency became a caricature of a state censor. Now, the Second Circuit has ruled that the 'indecency' policy was unconstitutionally vague. So what's next for dirty words?

What Enron's Ex-CEO Jeff Skilling Thinks He Did Wrong

Later this month, the Supreme Court will rule on whether former Enron CEO Jeff Skilling will get a new trial, or possibly see his sentence reduced. In the meantime, Fortune has published a sympathetic profile of Skilling in which he describes three key mistakes he feels led to his conviction.

Jury Duty Economics: The High Cost of Justice

Jurors get paid a pittance to serve -- certainly not enough to make up for lost wages. The right to a trial by our peers may be a pillar of our democracy, but in this era of high underemployment, the pay cut associated with missing work to do your civic duty is cutting deeper than ever.