A former lawyer sued Panasonic and three Japanese banks on Friday, alleging that a $92.7 million loan was secured by the illegal illegal document-recording agreement. And a South Korean manufacturer was indicted on fraud charges after allegedly manipulating their production numbers to boost their share prices.
On Tuesday, McDonald’s was reportedly facing a class-action lawsuit over a promotion that was supposed to be considered a “pizza party.” The manager at the food-court stand who crafted the plan, a woman, was sued for not realizing that the action was technically illegal. And one of the leaders of Apple’s China’s largest PR firm who allegedly sabotaged its debate over anti-monopoly law is apparently being investigated.
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United Kingdom suggests deterrent to steel workers to the effect of a 30 percent cut to their pension fund, a 20 percent to 40 percent cut in their stock holdings.
The FBI also raided the Chicago offices of precision components manufacturer, the Welbeck Group, on Monday. The raid is related to a criminal fraud investigation of $12 million in stock prices.
According to The Wall Street Journal, Yahoo! is about to commence search and seizure of four phones belonging to a senior Google executive Richard Gingras, who has been hired to be chief product officer.
American pot entrepreneur Sean Walters allegedly held a secret party in April celebrating his company, Kush Bottles, being acquired by more than 70 companies. Bloomberg published an article about the party and the potential shenanigans behind it.
British shop owners were outraged after they learned that Sony, a major purveyor of Sony brand electronics, had rebranded them as Sony retail shops, rather than simply chains selling Sony-branded products.