The former president of a Chicago-based private equity firm has been sentenced in New York City to more than 13 years in prison after admitting he misspent millions of dollars in investor money. via Ex-Boss of Chicago Equity Firm Is Sentenced in NYC –...
Cameron and Tyler Winklevoss said they should have received more in their settlement. The court disagreed. via Facebook Settlement With Twins Upheld by Court Panel – NYTimes.com.
A criminal investigation into the marketing of one product is expanding, and regulators have rejected another product in one of Medtronic’s most profitable divisions. via Medtronic Bone Product Faces Pressure From U.S. – NYTimes.com.
A New Jersey resident admitted using HSBC India accounts to evade federal taxes. via HSBC Client Pleads Guilty to Offshore Tax Evasion in India – NYTimes.com.
The middleman, Kenneth T. Robinson, who has agreed to cooperate with the government’s case, pleaded guilty to securities fraud. via Middleman in Insider Trading Triangle Says There Was Once a Fourth – NYTimes.com.
Deutsche Boerse does not plan to raise its bid for NYSE Euronext, because top managers of the German exchange operator are convinced that a rival bid has little chance of success. via German Exchange Doesn’t Plan to Sweeten NYSE Offer –...