Bill Cosby Resigns As Trustee At Temple UniversityTemple University in Philadelphia announced Monday that Bill Cosby has resigned as a trustee -- amid more than a dozen sexual-assault allegations.
Court Rejects Lawsuit Filed By Madoff Victims Against SECThe appeals court said the Securities and Exchange Commission's actions and "regrettable inaction'' are shielded by rules protecting government employees from lawsuits when they carry out a discretionary function or duty.
LIPA Trustee Calls Privatization 'A Terrible Idea'A Long Island Power Authority trustee has called the suggestion to privatize the agency a “terrible idea.”
Victim's Of Long Island Ponzi Scheme Not Out Of The Woods YetVictims of a Long Island ponzi-schemer said that they have already paid enough, some of them were bilked out of hundreds of thousands of dollars by Nick Cosmo. Now Cosmo's victims could be on the hook for even more money.
Some Investors Object To $7.2 Billion Madoff DealA lawyer for the investors filed papers in federal bankruptcy court in Manhattan objecting to a settlement that will provide $7.2 billion to Madoff investors who lost their original investment.
Bernard Madoff Investors Challenge Payback Formula Dozens who recouped more than their investments in Bernard Madoff's business have asked a federal court to force a trustee to include fictitious profits when considering how victims get paid back.