Five former employees of Bernard Madoff, convicted in March of helping the fund manager bilk investors of billions of dollars in his massive Ponzi scheme, will be sentenced this week, with prosecutors seeking prison terms of up to 20 years.
A former Bank of New York Mellon Corp (BK.N) employee on Friday pleaded guilty to insider trading based on tips from a former Merck & Co Inc (MRK.N) employee about potential pharmaceutical mergers.
Employees suing Apple, Google and two other tech companies over hiring practices said an appeals court should not approve a $324.5 million settlement in the case, according to a court filing on Tuesday.
Former Connecticut Governor John Rowland sought consulting work for two Congressional candidates but wanted to be paid via phony, third-party contracts, the prosecution and a witness said on Wednesday as Rowland's trial on charges of violating campaign finance laws opened.
