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Securities fraud News & Breaking Stories

NYCB targeted class action lawsuit
  • 7th Feb 2024

NYCB targeted class action lawsuit

NYCB faces class-action lawsuit over securities fraud allegations. Bank's shares tumble 60% after Moody's downgrades credit rating to "junk."

Texas AG Ken Paxton pleads not guilty at impeachment trial, departs as arguments commence
  • 5th Sep 2023

Texas AG Ken Paxton pleads not guilty at impeachment trial, departs as arguments commence

The impeachment trial of Texas Attorney General Ken Paxton has begun, putting Republicans in a difficult position. Paxton, who has faced felony charges and an FBI investigation, has remained popular among hard-right Republicans by aligning himself with Donald Trump. The trial is rare in its attempt to hold a member of the party accountable for alleged wrongdoing.

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