Apple slapped with class action suit over memory


Apple was hit with a class action suit Tuesday alleging that the company didn't disclose how much memory the new iOS 8 would consume on its various gadgets-subsequently forcing users to buy additional memory on the spot.

Ex-brokerage CEO sued over company credit card

Credit Card Chip Nimalan Tharmalingam

Sterne Agee, one of the fastest-growing brokerages in the South, sued its former chief executive officer over claims he took his corporate credit card on a decade-long spending spree for fishing boats, a yacht, a vacation condominium and ownership in a luxury ski chalet.

Steven Cohen forced to face ex-wife's lawsuit

Steven Cohen Still

SAC Capital Advisors founder Steven Cohen was ordered by a judge to face questions in his ex-wife’s post-divorce fraud lawsuit about times he may have been ‘untruthful,’’ including during the government’s insider-trading probe of his hedge fund.

Ex-UBS wealth head cleared of tax conspiracy

Tax & Business Calculator

Raoul Weil, who once ran UBS's global wealth-management business, was cleared at trial of tax conspiracy despite the bank’s historic admission in 2009 that it helped thousands of U.S. clients abuse Swiss bank secrecy to cheat the Internal Revenue Service.

UBS criticized in derivatives case


UBS lost a U.K. lawsuit over derivatives sold to Kommunale Wasserwerke Leipzig GmbH when a judge found the bank’s relationship with a firm advising the German water utility led to a conflict of interest.