Top executive resigns from Cohen's Point72 after lawsuit, fundraising

(Reuters) – Douglas Haynes has resigned as president of Point72 Asset Management LP, a spokeswoman for billionaire Steven Cohen’s investment firm said on Sunday, as the company and Haynes face a lawsuit claiming women are subject to a hostile working environment. FILE PHOTO: Steven Cohen, Chairman and CEO of Point72 Asset Management, speaks at the […]

Lawsuit Displays How Paid Proficient Aided 3M “Command the Science” on Perilous Man-made chemicals

Lawsuit Displays How Paid Proficient Aided 3M “Command the Science” on Perilous Man-made chemicals

On Tuesday, 3M settled a suit filed by the state of Minnesota for $ 850 million, averting a much-awaited trial over the company’s responsibility for massive amounts of waste containing perfluorinated chemicals, which it had dumped in the state for more than 40 years. The suit charged that the Minnesota-based company, which made the perfluorinated […]

Aflac Deceived Shareholders with ‘Cookie Jar Accounting,’ Lawsuit Says

Aflac Deceived Shareholders with ‘Cookie Jar Accounting,’ Lawsuit Says

On Thursday, January 11, shares of Aflac stock hit a 52-week high of $ 91.69. That capped an increase of 29.6 percent over the past year, tracking the market’s strong run in 2017. During that time, Aflac management and its board were aware of serious allegations leveled against the company by former workers. None of […]

Financier Tilton defeats lawsuit by Zohar funds she founded

NEW YORK (Reuters) – Lynn Tilton, the colorful New York financier recently cleared of wrongdoing in a U.S. Securities & Exchange Commission fraud case, won another legal victory on Friday as a federal judge dismissed a racketeering lawsuit by the Zohar investment funds she once managed. U.S. District Judge William Pauley in Manhattan said the […]

Lawsuit questions conduct of Madoff victims' lawyer

NEW YORK (Reuters) – A new lawsuit accuses a lawyer representing hundreds of victims defrauded by Bernard Madoff of cheating her own clients through overbilling, discouraging settlements and having conflicts of interest. FILE PHOTO: Accused swindler Bernard Madoff exits the Manhattan federal court house in New York, U.S. on January 14, 2009. REUTERS/Brendan McDermid/File Photo […]

Cops Give Man Brain Damage, Then Violently Arrest Him Again, Days After He Filed A Lawsuit

Cops Give Man Brain Damage, Then Violently Arrest Him Again, Days After He Filed A Lawsuit

Sacramento, CA — Days after David Hernandez filed a civil rights lawsuit against the Sacramento Police Department for excessive use of force, which left him mentally disabled, his mother says police have violently arrested him again. His mom says the arrest, coincidentally, comes days after he filed his lawsuit. Hernandez was left with permanent brain […]