British American Tobacco (BAT) is facing a lawsuit in London brought by more than 100 current and former shareholders who claim the company failed to…
CFTC names former prosecutor and crypto defense lawyer as enforcement chief
The U.S. Commodity Futures Trading Commission (CFTC) has appointed former federal prosecutor David Miller as its new head of enforcement, a move that comes as…
US moves to cut Swiss bank MBaer off from dollar system over alleged sanctions breaches
The United States has taken the rare step of threatening to bar Swiss private lender MBaer Merchant Bank AG from access to the U.S. financial…
California woman to testify in landmark social media addiction trial against Meta and YouTube
A young California woman is set to testify in Los Angeles federal court in a closely watched case accusing Meta Platforms Inc and Alphabet Inc’s…
Bayer outlines $10.25 billion strategy to resolve U.S. Roundup cancer litigation
German pharmaceutical and chemicals group Bayer AG said on Tuesday that its subsidiary Monsanto Co has submitted a proposed U.S. class settlement that could total…
Belgian police raid EU offices and wealth fund in probe over property sale
Belgian police have carried out searches at offices linked to the European Commission and Belgium’s sovereign wealth fund as part of a criminal investigation into…
Hollywood director Michael Bay sues Cadillac F1 over Super Bowl advert
Hollywood director Michael Bay has filed a lawsuit against Cadillac Formula One, accusing the team of breach of contract and fraud over a Super Bowl…
Brazil flags loopholes allowing suspects to hide assets via pooled and escrow accounts
Brazil’s Finance Ministry has urged the country’s central bank to tighten regulations that it says allow criminal suspects and tax evaders to hide assets through…
China launches new crackdown on medical insurance fraud in mental health sector
Chinese authorities have launched a new nationwide crackdown on medical insurance fraud at mental health institutions, following media reports that some hospitals were offering free…
Cambodian scam compound yields trove of fraud evidence, Thai military says
The Thai military said on Monday it had recovered extensive evidence of transnational fraud from a sprawling scam compound in Cambodia, seized during border clashes…