The US Justice Department's decision to review long-time accords it has struck with the American Society of Composers, Authors and Publishers and Broadcast Music Inc came at the time as Pandora Media Inc battle with the trade groups over reasonable royalty rates, Bloomberg reported.
DuPont is being accused of civil fraud, negligent and intentional misrepresentation, waste of corporate assets and breach of fiduciary duties by an investment fund over the company's promotion of the GAT crop trait in which the plaintiffs labeled as a sham, Bloomberg reported.
The law firm of one of the lawyers for former UBS AG trader Kweku Adoboli has confirmed in a tweet that an application to obtain a hearing to challenge its client's 2012 fraud conviction over the $2.3 billion trading loss at the bank will be heard today.
The three-judge panel of the US Court of Appeals in New York has ordered a district judge to review the settlement between Citigroup Inc and the Securities and Exchange Commission to settle claims of investor fraud after the latter rejected it in a 2007 decision, Bloomberg reported.
