Goldman Sachs must face class action over conflicts of interest, risky mortgages

REUTERS

Goldman Sachs Group Inc must face a shareholder class action accusing the bank of hiding conflicts of interest, including behind-the-scenes dealings with a prominent hedge fund manager, when creating risky subprime securities before the 2008 financial crisis.   read more »

Cantor Fitzgerald Agrees to Pay $3.2 Million to Settle Charges for Providing Deficient Blue Sheet Data

SECURITIES AND EXCHANGE COMMISSION

The Securities and Exchange Commission today announced that Cantor Fitzgerald & Co. has agreed to pay $3.2 million to settle charges for providing the SEC with incomplete and inaccurate securities trading information known as “blue sheet data.”   read more »

New Jersey Chiropractor Agrees to Pay $2 Million to Resolve Allegations of Unnecessary Knee Injections and Knee Braces and Related Kickbacks

DEPARTMENT OF JUSTICE

David Podell, a New Jersey chiropractor, has agreed to pay the United States $2 million to resolve False Claims Act allegations that he both knowingly billed Medicare for medically-unnecessary viscosupplementation injections and knee braces and that he received illegal kickbacks, the Justice Department announced today.   read more »

Former Fox executives indicted in Fifa bribery scheme

THE GUARDIAN

Two former senior executives at Rupert Murdoch’s 21st Century Fox corporation have been indicted over their alleged role in a multimillion-dollar bribery scheme involving kickbacks to Fifa officials in exchange for broadcast and marketing rights to some of the world’s biggest football tournaments.   read more »