By Nate Raymond

Ex-Italian politician gets four years in U.S. prison in arms deal case

By Nate Raymond NEW YORK (Reuters) - A former Italian politician was sentenced on Thursday to four years in a U.S. prison for conspiring with others to sell $15 million worth of weapons to undercover informants posing as Colombian rebels. Massimo...

Friday, September 16, 2016, 2:46 AM

Amtrak gets partial victory in U.S. appeal over Sandy insurance

By Nate Raymond NEW YORK (Reuters) - Amtrak secured a partial U.S. appellate court win on Wednesday in its efforts to recoup insurance coverage after the railroad service sustained more than $1 billion in losses during Superstorm Sandy in 2012. The...

Wednesday, August 31, 2016, 9:44 PM

AstraZeneca to pay $5.52 million to resolve SEC foreign bribery case

By Nate Raymond (Reuters) - U.S. regulators said on Tuesday that AstraZeneca Plc <AZN.L> will pay $5.52 million to resolve a foreign bribery probe into improper payments by its sales and marketing staff to state-employed healthcare officials in China and...

Wednesday, August 31, 2016, 4:05 AM

Turkish gold trader seeks U.S. judge's recusal in Iran sanctions case

By Nate Raymond NEW YORK (Reuters) - A Turkish gold trader accused of conspiring to violate U.S. sanctions against Iran on Tuesday asked a federal judge to recuse himself, citing remarks he made about a series of earlier Turkish prosecutions targeting him and others...

Wednesday, August 31, 2016, 3:59 AM

HSBC executive pleads not guilty in U.S. over forex scheme

By Nate Raymond NEW YORK (Reuters) - A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients...

Monday, August 29, 2016, 9:39 PM

HSBC executive pleads not guilty in U.S. over forex scheme

By Nate Raymond NEW YORK (Reuters) - A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients...

Monday, August 29, 2016, 9:37 PM

Guard at New York City's Rikers jail complex charged with rape

By Nate Raymond NEW YORK (Reuters) - A correction officer at New York City's Rikers Island jail complex has been indicted on rape and other charges for engaging in sexual acts with an inmate, prosecutors announced on Friday. The case against Jose Cosme...

Saturday, August 27, 2016, 3:08 AM

PwC reaches mid-trial deal in lawsuit by Taylor Bean trustee

By Nate Raymond (Reuters) - PricewaterhouseCoopers has settled a lawsuit accusing the auditing firm of failing to detect the fraud that brought down Taylor, Bean & Whitaker Mortgage Corp in 2009, a lawyer for the mortgage lender's bankruptcy trustee said on...

Friday, August 26, 2016, 8:25 PM

Illinois attorney general sues Insys over fentanyl drug marketing

By Nate Raymond (Reuters) - Illinois' attorney general on Thursday sued Insys Therapeutics Inc, accusing it of deceptively marketing and selling an addictive fentanyl-based medication, intended to treat cancer pain, to doctors for off-label uses....

Thursday, August 25, 2016, 10:10 PM

Illinois attorney general sues Insys over fentanyl drug marketing

By Nate Raymond (Reuters) - Illinois' attorney general on Thursday sued Insys Therapeutics Inc, accusing it of deceptively marketing and selling an addictive fentanyl-based medication, intended to treat cancer pain, to doctors for off-label uses....

Thursday, August 25, 2016, 10:07 PM

Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing to Africa

By Nate Raymond NEW YORK (Reuters) - The former chief executive officer of Comverse Technology Inc pleaded guilty to securities fraud on Wednesday and was ordered detained a decade after fleeing the United States for Namibia to avoid prosecution...

Thursday, August 25, 2016, 12:59 AM

Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing to Africa

By Nate Raymond NEW YORK (Reuters) - The former chief executive officer of Comverse Technology Inc pleaded guilty to securities fraud on Wednesday and was ordered detained a decade after fleeing the United States for Namibia to avoid prosecution...

Thursday, August 25, 2016, 12:56 AM

U.S. appeals court sends BlackBerry lawsuit back to lower court

By Nate Raymond NEW YORK (Reuters) - A U.S. appeals court on Wednesday upheld the dismissal of a lawsuit accusing BlackBerry Ltd of fraudulently inflating its stock price by painting an upbeat picture of the prospects for its BlackBerry Z10 smartphone line that...

Wednesday, August 24, 2016, 8:31 PM

U.S. appeals court sends BlackBerry lawsuit back to lower court

By Nate Raymond NEW YORK (Reuters) - A U.S. appeals court on Wednesday upheld the dismissal of a lawsuit accusing BlackBerry Ltd of fraudulently inflating its stock price by painting an upbeat picture of the prospects for its BlackBerry Z10 smartphone line that...

Wednesday, August 24, 2016, 8:26 PM

Florida man in hacking probe gets 42 years in prison for child porn

By Nate Raymond (Reuters) - A Florida private investigator was sentenced to 42 years in prison on Monday for using a minor to produce child pornography, which was discovered after authorities searched his computers following his arrest last year for hacking a...

Tuesday, August 23, 2016, 1:20 AM

U.S. appeals court declines to reconsider Bank of America ruling

By Nate Raymond NEW YORK (Reuters) - A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion penalty against Bank of America Corp and a jury verdict finding it liable for mortgage fraud leading up to the 2008 financial...

Tuesday, August 23, 2016, 12:32 AM

U.S. sailor gets one year in prison over nuclear submarine photos

By Nate Raymond (Reuters) - A U.S. Navy sailor was sentenced on Friday to one year in prison for illegally taking photos inside restricted areas of a nuclear submarine and then trying to impede an investigation into the matter, prosecutors said on Friday...

Saturday, August 20, 2016, 3:22 AM

FBI asked Macau billionaire if partner was Chinese agent: court records

By Nate Raymond NEW YORK (Reuters) - The FBI last year questioned a Macau billionaire charged with participating in a bribery scheme at the United Nations about whether one of his partners was involved with Chinese foreign intelligence, according to court...

Saturday, August 20, 2016, 12:34 AM

Goldman seeks to force ex-employee in Fed leak case to arbitrate

By Nate Raymond NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N> filed a lawsuit on Thursday seeking to force a former managing director to arbitrate his claim for legal fees stemming from probes into his alleged use of confidential Federal Reserve...

Friday, August 19, 2016, 11:09 AM

Goldman seeks to force ex-employee in Fed leak case to arbitrate

By Nate Raymond NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N> filed a lawsuit on Thursday seeking to force a former managing director to arbitrate his claim for legal fees stemming from probes into his alleged use of confidential Federal Reserve...

Friday, August 19, 2016, 3:29 AM