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U.S. Securities and Exchange Commission

Dallas Mavericks NBA basketball team owner and business man Mark Cuban at the federal courthouse in Dallas. (AP Photo/LM Otero)

Mark Cuban takes stand in insider-trading trial

DALLAS (AP) — Mark Cuban told jurors in federal court that he became angry in 2004 when he learned of a pending development that would reduce the value of his investment in an Internet search […]

10/03/2013

Dallas Mavericks owner Mark Cuban at an NBA game in Dallas on March 28, 2013. (AP Photo/Mike Fuentes, File)

SEC lawyer says Mark Cuban’s drive to win led him to cheat

DALLAS (AP) — A government lawyer says the drive to win that helps Mark Cuban succeed in business led the billionaire basketball owner to cheat by using insider information to sell stock in an Internet […]

10/01/2013

The lobby of JPMorgan Chase headquarters in New York. (AP Photo/Mark Lennihan, File)

JPMorgan pays $920M, admits fault in trading loss

WASHINGTON (AP) — JPMorgan Chase & Co. will pay $920 million and has admitted that it failed to oversee trading that led to a $6 billion loss and renewed worries about serious risk-taking by major […]

09/19/2013

A television displays news about the Nasdaq on the Nasdaq building in New York, Thursday, Aug. 22, 2013.  (AP Photo/Seth Wenig)

Nasdaq breakdown puts pressure on crisis work

WASHINGTON (AP) — The latest high-tech disruption in the financial markets increases the pressure on Nasdaq and other electronic exchanges to take steps to avoid future breakdowns and manage them better if they do occur. […]

08/23/2013

Mary Jo White (AP Photo)

Top white-collar crime prosecutor getting SEC job

WASHINGTON (AP) — President Obama is nominating former U.S. attorney Mary Jo White to head the Securities and Exchange Commission, tasking her with going after “irresponsible behavior” in the financial industry.

01/24/2013

James M. Davis

Ex-Stanford executive gets 5 years in $7B swindle

HOUSTON (AP) — The star prosecution witness in the trial of convicted Texas financier R. Allen Stanford was sentenced Tuesday to five years in prison for helping to bilk investors out of more than $7 billion in one of the biggest Ponzi schemes in U.S. history.

01/22/2013

Steven A. Cohen (AP photo)

One of US richest finds himself on the NY hot seat

NEW YORK (AP) — Steven A. Cohen may not be a household name, but he’s made a name for himself. In finance, fine art and sports, he’s had an extraordinary run of success and has amassed assets worth more than $8 billion.

12/02/2012

HP claims fraud prompted $5B overpayment for co.

NEW YORK (AP) – Hewlett-Packard Co. said on Tuesday that it’s the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances. HP […]

11/20/2012

SEC launches inquiry of bankrupt San Bernardino

SAN BERNARDINO, Calif. (AP) – Federal regulators are looking into the finances of San Bernardino as the city makes its way through bankruptcy proceedings. The U.S. Securities and Exchange Commission has launched an informal inquiry, […]

10/17/2012

NY probes energy drink industry

ALBANY, N.Y. (AP) – New York officials are investigating marketing and health claims made by several energy drink makers. A person familiar with the inquiry, speaking on condition of anonymity because the investigation hasn’t yet […]

08/28/2012

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