Credit Suisse ruling helps preserve Martin Act’s reach
By Scott Flaherty, From The Litigation Daily In refusing to toss a multibillion-dollar fraud lawsuit against Credit Suisse AG last week, New York Supreme Court Judge Marcy Friedman didn’t just disappoint the bank and its lawyers at Cravath, Swaine &…
DOJ finally confirms record-setting $16.65b settlement with Bank Of America
By Chris Morran From Consumerist More than two weeks after it was first reported that the Justice Dept. and Bank of America were coming to terms on a record-setting deal worth nearly $17 billion, the two parties have finally confirmed…