Sox First

One of the big pieces of news out of the United States is Judge Jed Rakoff's latest ruling, nixing a $285 million settlement between the SEC and Citigroup over a billion dollar fund. The judge s…

The Tokyo Electric Power Company (TEPCO), the outfit behind the Fukushima nuclear meltdown, is being propped up by the Japanese government. But that can't last.As reported here, TEPCO shareholde…

The arrests of the Occupy Wall Street protesters continue with police loading them into waiting vans. But significantly, not one banker has been arrested yet. The people who nearly destroyed the glo…

An interesting news snippet from the Occupy Wall Street protests is that it's now moved into the courts.The New York Times reports that some protesters have now filed a class action lawsuit agai…

Sony's history of security breaches is pathetic.Now it's even worse. Sony has been quietly updating its terms of service requiring online gamers to agree to waive their right to any class-ac…

The fallout from last year's BP oil spill continues with reports that Hallburton is now suing BP.The Houston Chronicle reports that Dick Cheney's old company Halliburton is now suing BP, all…

Finally, the regulators are on to the criminality of American banks. It took them three years, but better late than never.The New York Times has the scoop that the US government will be filing a law…

The sex case against former International Monetary Fund chief Dominic Strauss-Kahn gets stranger by the day. And there's more to it than meets the eye.Bloomberg reports that Manhattan District A…

The sex case against former International Monetary Fund chief Dominique Straus-Kahn is about to become even more complex and convoluted, and it's likely drag out even further.The New York Times …

The legal shenanigans around the Strauss-Kahn become more convoluted by the day.First, we have the revelations that French journalist Tristane Banon is filing charges against Strauss-Kahn for an att…