Three executive assistants are suing venture firm CMEA and one of its former partners for harassment and retaliation, marking the third lawsuit in less than a year alleging unfair treatment of women in Silicon Valley's clubby world of venture capital.
Legal & Regulatory
Police Investigation on HP Purchase of Autonomy
HP purchase of Autonomy now under investigation by the US and UK regulators. Technology giant Hewlett Packard has told BBC that the Serious Fraud Office of the UK is currently investigating the activities of Autonomy.
AIG Stockholders Win vs. US Gov't
Two separate suits granted class action status against the US government by AIG shareholders. Two separate groups of shareholders have been granted class action status from a US Federal Court judge.
Billionaires Vie for Stake in Vodka Maker
CEDC is receiving offers for purchase from Russian billionaires. The rivaling offers from Russian billionaires to rescue the Polish vodka maker CEDC is spurring rumors that the company would be able to stave off bankruptcy.
Chesapeake Sues BNY Mellon
Chesapeake files suit against BNY Mellon. Chesapeake Energy Corp has gone to court to sue its trustee Bank of New York Mellon Corp seeking redemption of more than US$1.
Latest News
Smithfields Food split recommended through letter by shareholder. One of the biggest shareholders in Smithfield Foods Inc has formally recommended to the board to split America's largest hog producer into three separate distinct units.
Appeals by hedge funds against Porsche actions withdrawn in the US but case continues in Germany. In a recent move, a consortium of hedge funds has dropped their appeal in US courts but continue their case in Germany.
DLF to comply with SEBI requirements needs to sell new shares. In an effort to dilute the promoter's shares held by a holdings group, realty giant DLF announced today the issuance of new equity shares to comply with new SEBI norms of 25% minimum public shareholding.
Wynn Hotels retracts allegations and modifies complaint. According to former Wynn director Kazuo Okada, some of the allegations made by Wynn Resorts Ltd were retracted in the lawsuit filed by the hotel chain against him.
The Canadian Radio-television and Telecommunications Commission (CRTC)is set to open public hearings on May 6 on BCE Inc.'s C$3 billion proposal to buy Astral Media.
Regulators approves Glencore purchase of Xstrata Plc. The US$35 billion takeover of Xstrata Plc has been approved by the South African antitrust regulators.
MF Global Trustee agrees with JP Morgan for settlement. MF Global together with its creditors have resolved a point of conflict with JP Morgan Chase. This dispute stems from the valuation of intercompany claims in MF Global's estate.
Coach's financial performance makes it ripe for rival bids. Coach Inc, the maker of luxury handbags and heels are now giving bargains for its luxury brand.
The UK government is being urged by Bank of England head Mervyn King to break up RBS for financial stability.
