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New York's Spitzer Expects to Sue Universal Life NEW YORK (Reuters) - New York Attorney General Eliot Spitzer, who is probing bid-rigging in the insurance industry, expects to file suit against health insurance consultant Universal Life Resources as early as Friday, a spokesman for his office said. United Life Resources (ULR), a closely held company, is already the subject of a suit by a consumer organization, United Policy Holders, alleging that a...
Ex-BoA broker acquitted on most counts By Jonathan Stempel NEW YORK (Reuters) - In a defeat for New York Attorney General Eliot Spitzer, former Bank of America Corp. (BAC.N: Quote , Profile , Research ) broker Theodore Sihpol on Thursday was acquitted by a Manhattan jury of 29 counts of helping a hedge fund trade mutual funds illegally. New York Supreme Cou...
Spitzer Sees Civil Resolution with AIG By Chris Sanders and Paul Thomasch NEW YORK (Reuters) - New York Attorney General Eliot Spitzer said on Monday he expected to reach a "civil resolution" with American International Group Inc., the giant insurance company under investigation for improper accounting. Spitzer's statement indicated that criminal charges will not be brought against AIG, relieving investors and helping lift the stock 6 percent on the New York Stock ...
Stocks to Watch Jan. 14 NEW YORK (Reuters) - U.S. stocks to watch on Friday: JOHNSON & JOHNSON (JNJ.N: Quote , Profile , Research ) : The healthcare group said it has voluntarily withdrawn 300 of its Cypher stents from the U.S. market after determining that the coating on six of the devices did not meet specifications. The company said the move would have no impact on its overall revenues. Its stock closed at $61.97 on the New York...
What Is Long Term Care?Long term care involves a wide variety of services for people with a prolonged physical illness, disability or cognitive disorder (such as Alzheimer's disease). Long term care is not one service, but many different services aimed at helping people with chronic conditions compensate for limitations in their ability to function independently. Long term care differs from traditional medical c...
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