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Church alleges banker cost Lilly trust $13 million

2014-08-14 05:55:32| Biotech - Topix.net

Wednesday in federal court, alleging the investment banker's mismanagement and self-dealing led to $13 million in losses from trusts endowed by philanthropist Eli Lilly Jr. A complaint filed by Christ Church Cathedral in U.S. District Court in Indianapolis alleged JP Morgan Chase directed money from the trusts into 177 different investment ... (more)

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Former exec says HP 'bungled' the Autonomy acquisition, alleges cover-up

2014-08-12 21:37:33| InfoWorld: Top News

Autonomy's former CFO has claimed that Hewlett-Packard is accusing him and other ex-employees of fraud in order to cover up its own failings in the disastrous 2011 acquisition. After buying Autonomy, HP took a $8.8 billion writedown on the $11.1 billion deal, citing widespread accounting improprieties at the company before the sale.

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Delta's 'Best Fare Guarantee' doesn't offer cheapest flights, Wisconsin lawsuit alleges

2014-08-12 07:34:40| Airlines - Topix.net

A Wisconsin resident's lawsuit contends that Delta Air Lines' "Best Fare Guarantee" manipulates the availability of certain tickets and hides the cheapest ones from customers when they try to book a connecting flight.

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Giant Eagle forced ouster of Seegrid CEO, suit alleges

2014-08-09 11:38:04| Grocery - Topix.net

December 6, 2013 -- Seegrid Corp. received the 2013 Manufacturer of the Year Award from the Pittsburgh Business Times.

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New lawsuit alleges more GM switch deathsNew lawsuit alleges more GM...

2014-07-31 00:20:59| Automakers - Topix.net

The lawsuit filed Tuesday in U.S. District Court in Manhattan in NYC names 29 people who were killed in crashes and 629 who were hurt.

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