Yelp Inc won a lawsuit by shareholders saying they were misled about the authenticity and quality of its reviews, and whether Yelp manipulated those reviews to favor paying advertisers. District Judge Jon Tigar in San Francisco said reasonable investors would understand that not all Yelp reviews are real, particularly given the company's admission that...

The Department of Defense (DoD) Inspector General (IG) says that military branches continue to ignore domestic preference laws. In a DOD report on U.S. Navy contracts, the IG found that the Navy is not in compliance with the Buy American Act and the Berry Amendment. The Act requires the U.S. government to give preference to...

The recent terrorist attacks in Paris have resulted in an increase of scrutiny and enforcement of banks against terrorism financing and money laundering. Anti-money-laundering laws require banks to have a system to detect and prevent money laundering. These laws have been enforced more strongly in the last five years and a number of major...

The U.S. Treasury Department has imposed sanctions on four people and a company;Kim Sok Chol, the North Korean ambassador to Myanmar - Hwang Su Man and his company, EKO Development and Investment Co. The Treasury said all are linked to North Korean weapons expansion efforts.ΠThey all, according to Treasury, have ties to the...

Fantasy sports operator FanDuel says it will be mounting a "legal challenge" to New York Atty. Gen. Eric Schneiderman's demand that it andΠDraftKings cease operating in the state. However, the company later clarified that it was not ready to go to court but rather will start with meetings to try to convince Schneiderman...

A husband and wife, once suspected of tax evasion have filed a lawsuit against more than a dozen federal IRS investigators, accusing the agents of violating their rights and stealing $1.9 million during a 2012 raid on their scrap metal recycling business. In their federal court complaint, Todd and...

A federal judge has blasted the Department of Justice for cutting cushy deals allow lawbreaking corporate bosses to avoid jail time. In an 84-page opinion Wednesday approving a deferred prosecution agreement for ex-Army contractors indicted in a bribery and kickback scheme, U.S. District Judge Emmet Sullivan, of the District of Columbia, slammed...

A group of Muslims saying they were illegally targeted by New York City police Sept. 11, 2001, terrorist attacks will be allowed to argue their case in court, an appeals court has ruled. The Muslims alleged they were targeted based on their Muslim faith, a violation of their constitutional rights. The lawsuit, filed in 2012,...

Despite the shocking announcements by an employee at DraftKings, one of the two major fantasy sports companies, had mistakenly released data before the start of the third week of N.F.L. games, the NFL is sticking with the DraftKings with which it has major deals. The employee, a midlevel content manager, won $350,000 at a...

The Sunday Times has reported that Lance Armstrong and his management company Tailwind Sports Corporation have settled their legal battle with the SCA Promotions company, apparently paying more than $10 million to the company that agreed an insurance policy covering the cost of bonus payments for Armstrong's Tour de France victories. Still pending is the...