The U.S. Sentencing Commission voted to apply retroactively a proposed amendment to federal crack cocaine sentencing guidelines to lower sentences as much as three years.
Bank of America Corp. says it will pay $8.5 billion to settle with institutional investors who bought Countrywide mortgage-backed securities that went sour. In addition,
Pharmaceutical giant GlaxoSmithKline LLC(GSK) agreed to pay nearly $41 million to 38 states to settle allegations of substandard drug manufacturing at its Puerto Rico subsidiary.
A federal appeals court reinstated the racketeering charge against former Republican Congressman Richard “Rick” G. Renzi of Arizona. Renzi, the former state co-chair of Sen.
For conspiring to defraud a federal overseas investment program of millions of dollars purportedly to fund a bakery and mill in Estonia, four men were
UPDATED: 6/23/2011 Still no word on whether the government will seek to retry Barry Bonds on perjury counts the jury couldn’t resolve in April. In