Lawsuit

Madoff victims cannot sidestep $7.2 billion settlement

Jonathan Stempel, Reuters
January 25, 2017
A federal judge has blocked litigation that the trustee liquidating Bernard Madoff's firm said could undermine a $7.2 billion settlement meant to benefit the Ponzi schemer's former customers.

Corzine in $5 million settlement with US CFTC over MF Global collapse

Jonathan Stempel, Reuters
January 6, 2017
Jon Corzine, former New Jersey governor and Goldman Sachs co-chairman, will pay a $5 million civil fine to settle a U.S. regulator's lawsuit over the 2011 collapse of his commodity brokerage, MF Global Holdings Ltd.

CFTC, Chicago trading firm reach $2.5 million 'spoofing' deal

Reuters
December 21, 2016

A Chicago trader and his firm have agreed to pay $2.5 million to resolve a lawsuit by the U.S.

J.C. Penney is sued by U.S. over false marketing

Jonathan Stempel, Reuters
December 9, 2015
U.S. officials on Wednesday sued J.C. Penney Co Inc, accusing the retailer of deceiving consumers by advertising textile fiber products as containing bamboo and bamboo fiber, when they actually contain rayon.

Gold fixing lawsuits begin in New York

Mark O'Byrne
May 6, 2014
It appears that critical mass is finally being reached amongst the lawsuits that are being taken against the Gold Fixing bullion banks.

OneChicago dropped from suit with prejudice

Press Release
April 22, 2014
In dismissing the case, the City of Providence acknowledges that OneChicago is not involved in the activity which is the subject of the complaint, which charges the defendants with diverting billions of dollars to themselves.

JPMorgan sued by investor over ‘culture of lawlessness’

Phil Milford, Bloomberg
March 21, 2014
What else is being alleged?

Downgrade us? Have a lawsuit.

Matt Levine, Bloomberg
January 21, 2014
Why is the Justice Department suing Standard & Poor's for mis-rating structured credit securities before the financial crisis, and not suing Moody's, which gave a lot of the same products the same ratings? I have a theory, but Standard & Poor's has another, and theirs is a corker:

Royal Bank of Scotland Japan unit sentenced in Libor probe

Chris Dolmetsch and Tom Schoenberg, Bloomberg
January 6, 2014
RBS Group Plc was ordered to pay $50 million by a federal judge over claims that it rigged the London interbank offered rate.

Hedge fund sued for ‘incomprehensible’ deal

Kit Chellel, Bloomberg
January 6, 2014
The founder of the Northern & Shell Plc media group sued a Man Group Plc hedge-fund unit for losses on an investment he said was too complex to understand.