Category: Lawsuits

Fletcher Hedge Fund Flim-Flam Goes Bust

A hedge fund company called Fletcher International Ltd. is suing to stop three Louisiana pension funds from dismantling it during bankruptcy, selling off its questionable assets. If you are not an investor, you see it coming a mile away. Investors…

Oil Rig CEO Charged with Bribery

Swiss oil services company Noble, with offices in Sugar Land, Texas, paid $8.1 million in 2010 to settle U.S. charges of corruption. Noble cooperated with the government to uncover the bribery of Nigerian officials. The SEC filed charges against the…

Former AIG CEO Sues Over AIG Bailout

Nov. 22, 2011 – To a universal chorus of columnists and bloggers calling him a greedy pig, the man who turned insurance giant AIG into a threat to help destroy the world’s economy initiated suit against the United States for…