The New York Civil Liberties Union (NYCLU) Tuesday settled its lawsuit against the New York Police Department (NYPD) challenging the department's tactics for dealing with large protests. Under the settlement, the NYPD agreed to make sure protesters can get into designated demonstration areas and that any "pens" (enclosed areas) have sufficient openings such that protesters [...]

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A New Jersey Superior Court judge ruled Tuesday that a $7 billion lawsuit filed by Italian dairy giant Parmalat SpA against Citigroup could go forward on a claim that Citigroup aided and abetted former Parmalat executives in misappropriating company money. Parmalat has alleged that Citigroup helped obscure the state of Parmalat's finances and helped to [...]

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A three-judge panel in the US Court of Appeals for the District of Columbia Circuit heard arguments Tuesday regarding the constitutionality of a private body established by Congress to oversee accounting practices in publicly traded companies. In 2006, conservative business organization Free Enterprise Fund challenged provisions in the Sarbanes-Oxley Act of 2002 establishing the Public [...]

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