LexisNexis® Legal Newsroom
8 Banks Fined $2.3 Billion by European Commission in ‘Shocking’ Interest Rate Scandal

The European Commission has fined eight international financial institutions – including Citigroup and JPMorgan Chase – a total of €1,712,468, 000 (approximately US$2.3 billion) for allegedly participating in illegal cartels in markets for financial derivatives covering the European...

The ‘B’ Word is #5 in Financial Fraud Law for the Year

Consider these recent financial fraud-related settlements: - SAC Capital Pleads Guilty to Insider Trading and Will Pay $1.8 Billion; - Johnson & Johnson to Pay More than $2.2 Billion to Resolve Criminal and Civil Investigations; - Rabobank Admits Wrongdoing in Libor Investigation, Agrees...