Justice
105 results total, viewing 41 - 50
A Pittsfield, Mass.-based discount travel business and its affiliate have been ordered by a court to stop using alleged deceptive marketing to sell travel memberships, Attorney General Martha Coakley announced last month. more
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011. more
Like the owls that deliver packages and carry messages in Harry Potter’s world, drones are about to become commonplace in ours: small, flying objects perfectly engineered to drop off burritos, pick up prescriptions and photograph revolutions. Within the next three years, drone-driven commerce will amount to $13.6 billion and create 70,000 new jobs, an industry trade group estimates. more
US Investigations Services LLC, the company that vetted Edward Snowden, risks a federal contracting ban following U.S. fraud accusations, according to former government officials. more
The R.I. Office of the Attorney General has agreed to buy an office building at 180 South Main St. for $3.4 million, state officials said Monday. more
Bank of America Corp.’s Countrywide unit should pay the maximum of $2.1 billion in penalties for selling defective mortgage loans to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, the U.S. said. more
United States Investigations Services LLC, whose background checks helped National Security Agency leaker Edward Snowden and Washington Navy Yard shooter Aaron Alexis get security clearances, was accused of fraud by the government in a whistle-blower lawsuit. more
Bank of New York Mellon Corp., the world’s largest custody bank, agreed to repay Massachusetts’ public pension funds $15.45 million to settle fraud claims brought by the state’s top securities regulator. more
PROVIDENCE – Federal prosecutors have asked a judge for a 10-year prison term for a Rhode Island lawyer who led a $46 million investment fraud that preyed on the dying, The Associated Press reported last week. more
BOSTON – Massey Energy Co. agreed to a $265 million settlement of a class-action lawsuit that alleged that the coal-mining company misled investors, including Massachusetts’ pension fund, The Associated Press reported last week. more
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