Nov 01

Incarcerated former hedge fund boss Stephen Maiden took the witness stand Wednesday in the stock fraud trial of ex-KIT Digital Inc. CEO Kaleil Isaza Tuzman, as well as film and tech entrepreneur Omar Amanat, and described the trio's scheme to pro read more
Nov 01

Hill Wallack LLP bolstered its Yardley, Pennsylvania, office with the recent additions of a partner in its trusts and estates group and three associates in its trial and insurance defense, employment and labor law, and creditors’ rights and ban read more
Nov 01

Missouri-based thermal coal producer Armstrong Energy Inc. filed for bankruptcy on Wednesday to facilitate the sale of the company to a group of creditors and a coal mining competitor, blaming its decline on debt obligations in excess of $100 million read more
Nov 01

A Florida federal judge on Wednesday granted final approval for $741 million in settlements reached by Toyota, BMW, Subaru and Mazda to resolve consumer class actions over dangerously defective Takata Corp. air bags, including an award of $166 millio read more
Nov 01

The unsecured claimholders in Westinghouse Electric Co.’s bankruptcy case asked for permission to intervene in a putative class action claiming the company fired workers without notice on Wednesday, saying they need to act to protect their inte read more