In his 27-page statement, Los Angeles Clippers owner Donald Sterling said he cannot properly address the charges of racial discrimination slapped against him and conduct an investigation regarding the scandal as he has been locked out from his office and his sports team, Buzzfeed reported.
Lawyer Richard Strassberg for defendant former SAC Capital Advisors LP hedge fund manager Mathew Martoma has asked a federal judge to give a reduced sentence to the former trader considering that other defendants had only received jail terms of at least two years, Bloomberg reported.
In a statement yesterday, London-based GlaxoSmithKline Plc said that the Serious Fraud Office of the UK has launched a probe into allegations of corporate bribery.
Bloomberg said shareholder advisory firms Institutional Shareholder Services Inc and Glass Lewis & Co are calling out on how Wal-Mart Stores Inc had been handling allegations of corporate bribery in its overseas stores and its executive compensation.
