Mark Lewis News
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Goldman Sachs Group Inc. won dismissal of lawsuits over employee bonuses filed in New York by shareholders who called the awards a waste of assets.
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News Corp., former publisher of the shuttered News of the World tabloid, was hit last week with accusations that reporters hacked into voice mails as late as 2008, a year after a reporter and detective were jailed for the offense.
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Hedge fund Oasis Management LLC sued Morgan Stanley for C$9.5 million ($9.3 million) over options in Sino-Forest Corp. bought before the Toronto-listed timber company’s stock plunged 71 percent in two days in June.
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News Corp. directors will be sued in the U.S. by victims of phone hacking by reporters at the News of the World tabloid, a lawyer said.
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News Corp. directors will be sued in the U.S. by victims of phone hacking by reporters at the News of the World tabloid, a lawyer said.
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Eight offshore banks are under federal grand jury investigation for facilitating tax evasion by U.S. citizens as part of a probe the Justice Department said has dealt “fabled Swiss bank secrecy a devastating blow.”
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News Corp.’s U.K. unit agreed to pay 3 million pounds ($4.7 million) to settle claims that the News of the World tabloid hacked the mobile phone of a murdered schoolgirl, a person with knowledge of the matter said.
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Rebekah Brooks, the former chief executive officer of News Corp.’s British publishing unit, lost a bid to have formal legal representation in the U.K. government’s inquiry into phone hacking.
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News Corp. Deputy Chief Operating Officer James Murdoch was asked to testify for a second time on phone hacking to the U.K. Parliament’s Culture Committee after former employees challenged statements he made to the panel.
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A former lawyer for News Corp.’s U.K. unit told British lawmakers he saw an internal dossier of personal information about phone-hacking victims’ lawyers prepared for the company by a “freelance journalist.”
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