Royal Park claims fraud in the marketing and sale of residential mortgage backed securities.
Breaking News
A federal judge allowed the lawsuit filed by the Justice Department against a unit of Bank of America to proceed by endorsing a broad interpretation of the FIRREA.
Fabrice Tourre, former Goldman Sachs junior executive, contested the charges against him when he took the stand on Wednesday.
US federal prosecutors revive a 30 year old law to prosecute Wall Street banks that sold toxic loans in 2008.
Lululemon was sued for fraud over sheer yoga pants and its CEO sudden resigned.
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