Business

Former JP Morgan Chase & Co. employee Keith Edwards received $63.9 million stemming from a lawsuit filed under the False Claims Act with the US government over false certification of government loans by JP Morgan.

Paul Ceglia is set to face charges of falsifying documents with the intention to commit fraud stemming from his civil lawsuit against Facebook founder Mark Zuckerberg on the former's alleged shares in the social network.

The accounting fraud case against Dewey & LeBoeuf management led by CEO Steven Davis has instances remarkably similar to government lawsuits against shuttered firms Enron and WorldCom, DealBook said.