Wives' chatter land husbands indictment over insider trading
The US Securities and Exchange Commission has recently settled two cases filed against men who traded shares using confidential information they have overheard from their wives/
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US District Judge Paul Oetken of the Manhattan federal court today sided with the jury in siding with complainant billionaire William Koch over fraudulent sale of purportedly vintage wines, but reduced the total award in damages to less than a million dollars.
Lobbyists against "patent trolls" are pushing the US Congress to pass legislation to reduce or prohibit companies who are seeking to extort fees other firms for the patents they own or possess rights to, Bloomberg said.
Reuters said that the justices of the US Supreme Court are split on whether they should broaden the current patent laws in the country to protect companies from patent trolls.
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