U.S. Supreme Court Declined Review in Securities Class Action Lawsuit arising from the Financial Crisis

Several big banks are fighting crisis-era financial lawsuits worth tens of billions of dollars. These banks recently asked the Supreme Court to review a decision from the Court of Appeals for the Second Circuit, arguing that the regulators took too long to file their claims. The case relates to the […]

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British American Tobacco Poised to Take Over Reynolds American in $49 Billion Deal

On January 17th, British American Tobacco announced that its offer to purchase the remaining stake in Reynolds American had been accepted. The $49 billion deal to purchase Reynolds American will produce the world’s largest publicly traded tobacco business, combining companies with major brands that include Camel, Newport, Lucky Strike and […]

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JPMorgan Chase to Settle Mortgage Discrimination Complaint for $55M, Still Faces Sex Discrimination Lawsuit

JPMorgan Chase & Co. has agreed to pay $55 million to settle with the U.S. government over claims that it racially discriminated against African-American and Hispanic borrowers. The Department of Justice (DOJ) filed a complaint against JPMorgan, the biggest bank in the United States, alleging that its independent brokers charged […]

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JPMorgan Chase to Pay $264 Million to Settle Foreign Bribery Case

On November 17, 2016, the SEC announced that JPMorgan Chase agreed to pay $130 million to the SEC, $72 million to the Justice Department, and $61.9 million to the Federal Reserve Board of Governors, in order to settle the charges that it “won business from clients and corruptly influenced government […]

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A Walk Through 2016 Global M&A

Worldwide, 2016 has been a politically impactful year. In the United States, a controversial presidential election resulted in the unexpected election of Donald Trump. Across the pond, the United Kingdom voted to separate itself from the European Union , resulting in Brexit. Europe saw its own political battlegrounds with the […]

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