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JPMorgan Ordered to Pay Damages for Firing Whistle-Blower

The bank broke the law by retaliating against a broker who said he was pressured to sell unsuitable investment funds, the government said......»»

Category: dealsSource: nytJan 11th, 2017

Jury orders DuPont to pay $10.5 million over leaked chemical

A U.S. jury in Ohio ordered DuPont on Thursday to pay $10.5 million in punitive damages to a man who said he developed testicular cancer from exposure to a toxic chemical leaked from a Dupont plant, the plaintiff's lawyer Robert Bilott said......»»

Category: topSource: moneycentralJan 5th, 2017

Jury orders DuPont to pay $10.5 million over leaked chemical

A U.S. jury in Ohio ordered DuPont on Thursday to pay $10.5 million in punitive damages to a man who said he developed testicular cancer from exposure to a toxic chemical leaked from a Dupont plant, the plaintiff's lawyer Robert Bilott said......»»

Category: topSource: moneycentralJan 5th, 2017

Gilead Sciences Ordered to Pay $2.5 Billion in Damages to Merck & Co.

A federal jury in Delaware on Thursday ordered Gilead Sciences Inc. to pay $2.5 billion in damages to Merck & Co. for infringing its patents in developing hepatitis C drugs......»»

Category: smallbizSource: wsjDec 15th, 2016

Prudential ends relationship with Wells Fargo after accounts scandal spreads to insurance

A fake accounts scandal that has rocked Wells Fargo & Co. has now spread to insurer Prudential Financial Inc., which on Monday suspended doing with the bank after being accused in a whistle-blower lawsuit of selling fraudulent life insurance policies thro.....»»

Category: topSource: bizjournalsDec 12th, 2016

American Family ordered to pay Missouri woman $20 million

KANSAS CITY, Mo. — A Missouri woman who sued American Family Insurance for retaliation and age and sex discrimination has been awarded $20 million in punitive damages......»»

Category: topSource: moneycentralDec 12th, 2016

JPMorgan Employee Tried To Steal $5 Million In 22 Wire Transfers To Cover Gambling Debt

It appears JPMorgan has employee screening - or perhaps retention - problems. According to Reuters, a (now former) JPMorgan employee, who was ordered to attend counseling for gambling, is facing criminal charges that he engaged in a scheme to steal $5 mi.....»»

Category: blogSource: zerohedgeDec 8th, 2016

Two jawans injured in Nagrota attack in J&K , firing continues

State administration has ordered shutting down of schools in Nagrota.....»»

Category: topSource: business-standardNov 29th, 2016

Two jawans injured in Nagrota attack in Kashmir, firing continues

State administration has ordered shutting down of schools in Nagrota.....»»

Category: topSource: business-standardNov 29th, 2016

"JPMorgan"s attitude is of a criminal nature": Venezuela"s president threatens legal action against US bank

Thomson ReutersCARACAS (Reuters) - Venezuelan President Nicolas Maduro on Tuesday ordered state oil company PDVSA to look into legal action against JPMorgan Chase & Co after the U.S. investment bank reported delays in $404 million in bond interest payment.....»»

Category: topSource: businessinsiderNov 22nd, 2016

Venezuela"s Maduro threatens legal action against JPMorgan

Venezuelan President Nicolas Maduro on Tuesday ordered state oil company PDVSA to look into legal action against JPMorgan Chase & Co after the U.S. investment bank reported delays in $404 million in bond interest payments......»»

Category: topSource: foxnewsNov 22nd, 2016

The Biggest Loser: Alexion Pharmaceuticals Tumbles 10%

Alexion Pharmaceuticals (ALXN) sunk to the bottom of the S&P 500 today, a drop that is being attributed to revelations on Wednesday night that it had to delay its 10-Q because of a whistle blower investigation into its sales practices. Shares of Alexio.....»»

Category: blogSource: barronsNov 11th, 2016

Lucifer’s Banker: The Untold Story of How I Destroyed Swiss Bank Secrecy

Bradley C. Birkenfeld was, in the words of CNBC, “the most significant financial whistle-blower of all time.” In Lucifer’s Banker: The Untold Story of How I Destroyed Swiss Bank Secrecy (Greenleaf Book Group Press, 2016) Birkenfeld, with the very ab.....»»

Category: blogSource: valuewalkNov 6th, 2016

Thai Junta Orders Ousted Leader to Pay $1 Billion

Former Thai Prime Minister Yingluck Shinawatra said the junta that overthrew her government had ordered her to pay nearly $1 billion in civil damages for a botched rice subsidy program......»»

Category: topSource: wsjOct 21st, 2016

Costco Now Has to Pay $8.25 Million in Punitive Damages for Selling Fake Tiffany Rings

The jeweler scores a bit win in protecting its trademarks. A New York civil jury on Wednesday ordered Costco Warehouse cost to pay Tiffany & Co tif $8.25 million in puniti.....»»

Category: europeSource: fortuneOct 5th, 2016

Apple Just Lost Its Patent Retrial To VirnetX

And now owes $302.4 million. A federal jury in Texas on Friday night ordered Apple to pay more than $302 million in damages for using VirnetX Holding Corp’s patented internet security technology without permission in features including its FaceT.....»»

Category: europeSource: fortuneOct 2nd, 2016

Apple owes $302 million for using patented security tech without permission (aapl)

Thomson ReutersA federal jury in Texas on Friday night ordered Apple Inc to pay more than $302 million in damages for using VirnetX Holding Corp's patented internet security technology without permission in features including its FaceTime video conferenci.....»»

Category: topSource: businessinsiderOct 1st, 2016

Dish Network faces federal whistle-blower lawsuit

A federal whistle-blower lawsuit against Dish Network Corp. and a pair of small business partners alleges the companies and their executives owe the federal government billions of dollars. Douglas County-based Dish Network says the lawsuit has no merit a.....»»

Category: topSource: bizjournalsSep 23rd, 2016

Former Trader Jérôme Kerviel Ordered to Pay €1 Million in Damages to SocGen - Wall Street Journal

Wall Street JournalFormer Trader Jérôme Kerviel Ordered to Pay €1 Million in Damages to SocGenWall Street JournalPARIS—A French appeals court ruled Friday that former trader Jérôme Kerviel is only responsible for a sliver of the â‚.....»»

Category: topSource: googlenewsSep 23rd, 2016

Wells Fargo’s Fake Whistle-Blower Line

Matt Levine has heard all of the Wells Fargo excuses, and he is having none of it: You can begin to construct a hypothetical list of the incentives facing Wells Fargo consumer bankers: Open fake accounts to meet sales goals: Maybe get fired. Don’.....»»

Category: blogSource: TheBigPictureSep 22nd, 2016

Oliver Stone: Snowden "deserves" a pardon

"Snowden" director Oliver Stone tells CNN's Christiane Amanpour, "the odds are long with Mr. Obama" that NSA whistle-blower Edward Snowden will get a presidential pardon......»»

Category: videoSource: cnnSep 13th, 2016