Justice
114 results total, viewing 51 - 60
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
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
Rhode Island and Massachusetts are both in line to receive funds from a national settlement with Ocwen Financial Corp. for abuses over mortgage foreclosures and servicing standards. more
Target Corp., the second-largest U.S. discount retailer, cut its U.S. unit’s fourth-quarter forecast and said the recent security breach affected more people and more information than previously thought. 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
PROVIDENCE – Attorney General Peter F. Kilmartin’s office will participate in a series of “shred-a-thons” throughout Rhode Island to mark this year’s National Consumer Protection Week. more
A divided U.S. Supreme Court struck down decades-old limits on the total money donors can give to federal candidates and parties, issuing its biggest campaign- finance ruling since the 2010 Citizens United decision. more
A federal grand jury in Providence last week returned a 24-count indictment alleging that a Portsmouth-based compay, its owner and his wife marketed and sold in excess of $2 million worth of products not approved by the federal Food and Drug Administration. more
Attorney General Peter F. Kilmartin has directed $250,000 from Rhode Island’s share of the 2007 settlement of a Clean Air Act lawsuit to support the repair of Portsmouth’s broken 1.5-megawatt wind turbine. more
Attorney General Peter F. Kilmartin announced Wednesday that Rhode Island will receive $1.2 million as its share of a multistate settlement with GlaxoSmithKline LLC to resolve allegations that the company violated state consumer protection laws by misrepresenting its asthma drug Advair and antidepressant drugs Paxil and Wellbutrin. more
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