The U.S. Supreme Court ordered the U.S. Court of Appeals in New York to reconsider allowing shareholders to pursue a class-action lawsuit.
Shareholders' rights to pursue securities fraud class actions based on corporate misstatements were the focus of Supreme Court arguments.
Rules from the SEC aimed at modernizing market data infrastructure are being challenged by U.S. stock exchanges in a federal appeals court.
The Department of Labor is no longer backing a twice-dismissed challenge to the CalSavers program by a state taxpayers group.
The Supreme Court will review a petition by Goldman Sachs challenging a class-action suit led by the Arkansas Teacher fund over subprime mortgages.
Supreme Court declined to review a ruling against a group of Puerto Rico bondholders seeking pension assets and a share of future revenue.
Investors claiming harm in a foreign bribery scheme involving Och-Ziff's Africa subsidiary will get $136 million in restitution.
Goldman Sachs will pay $2.9 billion to settle criminal and civil penalties in a major bribery scheme involving 1Malaysia Development Bhd.