The Hurdles for Banks After Guilty Pleas

In the elite world of multibillion-dollar Wall Street banks, the U.S. Department of Labor rarely looms large. That changed last week. The agency will play a key role in determining whether five mega-banks that pleaded guilty to criminal charges can effectively participate in the $7 trillion pension fund market.

Special Reports

Legal Times

read more

Regulation

  • The Hurdles for Banks After Guilty Pleas

    By Jenna Greene

    In the elite world of multibillion-dollar Wall Street banks, the U.S. Department of Labor rarely looms large. That changed last week. The agency will play a key role in determining whether five mega-banks that pleaded guilty to criminal charges can effectively participate in the $7 trillion pension fund market.

  • Why the CFPB Found PayPal's Conduct 'Abusive'

    By Jenna Greene

    When are a company's actions not just unfair and deceptive, but also abusive? A new case against PayPal Inc., which will pay $25 million to settle charges that the company illegally signed up consumers for unwanted credit, sheds light on a murky legal standard created by the Dodd-Frank Act.

read more

Surveys and Lists

Read More

Legal Education

read more

Calls For Nomination

Supreme Court Brief

read more

Litigation

  • The Hurdles for Banks After Guilty Pleas

    By Jenna Greene

    In the elite world of multibillion-dollar Wall Street banks, the U.S. Department of Labor rarely looms large. That changed last week. The agency will play a key role in determining whether five mega-banks that pleaded guilty to criminal charges can effectively participate in the $7 trillion pension fund market.

  • Takata Air Bag Recall Falls Short, Plaintiffs Lawyers Say UPDATED

    By Amanda Bronstad

    Plaintiffs lawyers praised Takata Corp.’s admission on Tuesday that a defect was causing its air bags to spontaneously rupture, but they insisted that the company still hasn’t gotten to the root of the problem, which they hope to reveal through discovery in more than 100 pending cases.

read more

Who's Hiring

View more legal jobs at