New York Attorney General Eric Schneiderman said in a memo presiding the lawsuit filed by American International Group Inc against the Department of Financial Services and its its superintendent, Benjamin Lawsky that the case should be dismissed on the grounds that the lawsuit was the insurance company's ploy to hinder the financial regulator's probe on selling insurance overseas from the state without a license.
Bloomberg said that Alcoa Inc and Allegheny Technologies did not disclose to its investors about the cyber-attack incident by the Chinese military officials named in the US Securities and Exchange Commission indictment despite the fact that they are required to under rules of investor disclosure.
The UK Supreme Court recently ruled that partners in law and accounting firms are now included in the list of people who can avail employee whistleblower legal protections, Bloomberg reported.
A state court decision has recently allowed same-sex marriages in the state of Pennsylvania, Bloomberg reported.
