JPMorgan Chase & Co commodities head Blythe Masters has stepped down from the advisory panel of the US Commodity Futures Trading Commission. Masters' unit was involved in a power markets manipulation lawsuit filed by US Federal Energy Regulatory Commission.
An indictment unsealed at a Manhattan federal court revealed how Peter Amrein conspired with Edgar Paltzer on helping clients hide their assets to avoid US tax authorities.
At least 30 new complainants had requested to the civic court handling the phone hacking case of the UK unit of News Corp to participate in the civic trial set for June this year, Bloomberg said.
Former executive Highland Capital Management LP Patrick Daugherty said in an interview that he was disappointed with the outcome of the verdict of the jury regarding his case against his former employer. The two parties had been locked in a four-week battle over charges that range from defamation and compensation disputes.
