Merrill Lynch & Co. agreed to pay $23.5 million to the New York Stock Exchange and the state of New Jersey, promising reforms to resolve allegations it failed to supervise employees who made improper mutual fund trades. New Jersey’s attorney general said Merrill Lynch will pay the state a $10 million civil penalty and separately, […]

DLA has sunk 53 places in The Sunday Times 100 Best Companies to Work For list. DLA was one of the highest ranked law firms at 35 in 2004, but the now-merged DLA Piper Rudnick Gray Cary languishes at 88 in this year’s list. DLA’s decline comes from a heady height. In 2003 it was

At least he was spared the indignity of wearing an electronic belt designed to stun wearers if they try to flee. OJ was forced to wear one when he accompanied jurors on a field trip to the scene of his former wife’s murder. Michael Jackson did not need one: he never left the courtroom. His

Aon Corp. agreed to pay $190 million to settle charges by three states that it accepted hundreds of millions of dollars of improper payments in exchange for steering clients toward favored insurance companies, the Illinois attorney general said on Friday. The world’s second-largest insurance broker, based in Chicago, settled with Illinois, New York and Connecticut,

Franklin C. Brown is in. Once the top lawyer at Rite Aid Corp., Brown reported to prison last week to begin serving 10 years for the role he played in accounting fraud that forced the third-largest U.S. pharmacy chain to retroactively reduce earnings by $1.6 billion. And in the next few days, Bernard J. Ebbers

Martha Stewart strolled outdoors with her dog and fed her horses Friday morning, hours after returning from prison to the multi-million-dollar estate where she will remain under the watch of federal authorities while trying to revive her homemaking empire. Before her five-month stay in prison, Stewart lamented that she would miss her beloved pets –

Even in a nation obsessed with weight loss, there’s never been anything quite like fen-phen. It was a set of magic pills from the wizards of Big Pharma: a prescription cocktail that promised to suppress appetite and promote weight loss, easily and safely. Fen-phen’s pledge: no pain, and no gain. Even in a nation obsessed

Dozens of men and women accused of the rape and abuse of children have gone on trial in one of the biggest court cases in France’s legal history. The trial, which involves 66 defendants and is expected to last four months, is taking place in a specially built hall in the town of Angers, western

The assassination of an investigative judge working on the forthcoming trial of Saddam Hussein has raised fears that insurgents will target legal proceedings against Iraq’s former regime. Judge Barwez Mohammed Mahmoud and his son, Aryan, were murdered outside their home in Baghdad’s northern Adamiyah district on Tuesday evening, the same day that five members of

Delivering a magisterial closing argument, Assistant U.S. Attorney William Johnson tied the various strands of the case against Bernard J. Ebbers tightly enough to likely secure a conviction, and offered a roadmap for making cases against CEOs in other instances, as well. Thursday, it will be up to the defense to argue that the road