US National Highway Traffic Safety Administration Chief Counsel O. Kevin Vincent had said that General Motors Co has yet to comply with its March 4 order to answer questions on why it waited a long time to issue a vehicle recall despite consumer complaints and engineering concerns, Bloomberg reported.
Olympus Corp has been reportedly sued by six banks, who claimed that the camera and endoscope maker engaged in accounting fraud to misled them for 13 years.
Apple Inc yesterday presented an expert witness whose survey reportedly proved that customers were purchasing Samsung Electronics Co's mobile phones because of its patent-infringing features, Bloomberg said.
US District Judge Laura Taylor Swain has issued a one-page order for both the US prosecutors and SAC Capital Advisors LP's legal team to address six questions that might her reject or approve the pending $900 million insider trading fine.
