After six years of investigation and four years following the filing of the lawsuit against Charles and Samuel Wyly, the Texas entrepreneurs are set to go to trial in Manhattan today for insider trading, Bloomberg said.
Two ex-managers of McDonalds stores claimed that they resorted ways to keep labor costs down at their stores to comply with the stores' mandate, Bloomberg said.
A motion to consolidate the lawsuits against General Motors Co and the election of a presiding judge has been filed with the Judicial Panel on Multidistrict Litigation in Washington recently.
The US government has formally filed charges against PG&E Corp, the operator of the natural gas pipeline in San Francisco that exploded in 2010, Bloomberg said.
