The office of Manhattan District Attorney Cyrus R. Vance Jr has allegedly conducted an investigation into the alleged theft of proprietary computer code at KCG Holdings Inc, a source disclosed to Bloomberg.
According to a prosecutor in Rafael Hui's trial, the former second senior government official used his position of power for personal gain, and had amassed over HK$35 million ($4.5 million) in form of payments and loans between the years 2005 to 2007 for himself from Sun Hung Kai Properties Ltd.
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.
