JPMorgan Chase & Co. will delay foreclosing on some properties in order to review affidavits that were signed by employees who didn’t verify related files, making the company at least the second bank in recent weeks to suspend …
In three states, regulators have started or widened investigations into insurers after a judge described MetLIfe Inc’s (MET) marketing of asset accounts as “inherently deceptive.”
On Sept. 10, U.S. District Judge Larry Hicks in Reno, Nevada said that …
The Federal Trade Commission filed a complaint Monday against juice-maker POM Wonderful, alleging that the closely-held company engaged in false advertising related to the health benefits of its pomegranate juice.
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Struggling video rental chain Blockbuster has filed for bankruptcy as part of a plan to recapitalize the company and reduce its debt.
The company filed voluntary chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of New York,…
An oil company was ordered to pay $22.9 million for understating the amount of royalty it owed the federal governments for oil pumped from offshore oil leases.
A federal judge ruled that Kerr-McGee Corp. understated the value of the oil and natural g…