Jonathan Stempel
The Latest
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Luckin Coffee in $175 million class action settlement over accounting fraud
Luckin Coffee Inc reached a $175 million settlement of shareholder class-action claims that the Chinese rival to Starbucks fraudulently inflated its share price by falsifying revenue. 
Luckin Coffee Inc reached a $175 million settlement of shareholder class-action claims that the Chinese rival to Starbucks fraudulently inflated its share price by falsifying revenue. -
U.S. Withheld Evidence In Ex-Goldman Banker's 1MDB Malaysia Corruption Case, Lawyer Claims
A lawyer for a former Goldman Sachs banker charged with involvement in the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund accused U.S. prosecutors on Thursday of withholding evidence that could show his client's innocence. 
A lawyer for a former Goldman Sachs banker charged with involvement in the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund accused U.S. prosecutors on Thursday of withholding evidence that could show his client's innocence. -
U.S. Says AIG Settles Tax Shelter Lawsuit, Forgoes Over $400 Million Tax Credits
American International Group Inc agreed to give up claims to more than $400 million of foreign tax credits and to accept a 10% tax penalty to settle accusations it used abusive tax shelters, the U.S. Department of Justice said on Friday. 
American International Group Inc agreed to give up claims to more than $400 million of foreign tax credits and to accept a 10% tax penalty to settle accusations it used abusive tax shelters, the U.S. Department of Justice said on Friday.
