A French court began proceedings in absentia Wednesday against 14 former Chilean officials over the disappearance of four French citizens during the regime of Augusto Pinochet . The defendants are primarily high-ranking military officers, including former defense minister Herman Brady-Roche and Juan Manuel Contreras Sepulveda, Pinochet’s chief of secret police. The men are subject to [...]

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The appeals chamber of the International Criminal Tribunal for the former Yugoslavia (ICTY) on Wednesday vacated the conviction of Veselin Sljivancanin for his role in killing 194 Croatian prisoners of war near Vukovar in 1991, reducing his sentence from 17 years to 10. Sljivancanin was convicted in 2007 of aiding and abetting the torture of [...]

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The US Securities and Exchange Commission (SEC) announced Tuesday that it had reached a $137 million settlement agreement with Bank of America (BOA) over fraud charges for using anti-competitive bidding processes with 20 state municipalities. BOA has agreed to pay $36 million, including interest, to the parties harmed by the scheme, as well as $101 [...]

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The US Supreme Court heard oral arguments Tuesday in Janus Capital Group v. First Derivative Traders , a securities fraud case. The question before the court is whether a service provider can be held primarily liable in a private securities fraud suit for aiding and participating in another company’s misstatements. Section 10(b) of the Securities [...]

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Zambia’s Supreme Court on Monday acquitted Regina Chiluba, the wife of former Zambian president Frederick Chiluba , of charges that she accepted stolen property during the years of her husband’s administration. The court overruled a previous decision from March that sentenced her to three-and-a-half years in prison on charges of receiving stolen funds. All three [...]

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