Lawyer Richard Strassberg for defendant former SAC Capital Advisors LP hedge fund manager Mathew Martoma has asked a federal judge to give a reduced sentence to the former trader considering that other defendants had only received jail terms of at least two years, Bloomberg reported.
In a statement yesterday, London-based GlaxoSmithKline Plc said that the Serious Fraud Office of the UK has launched a probe into allegations of corporate bribery.
Bloomberg said shareholder advisory firms Institutional Shareholder Services Inc and Glass Lewis & Co are calling out on how Wal-Mart Stores Inc had been handling allegations of corporate bribery in its overseas stores and its executive compensation.