To the consternation of businesses, hedge fund betting on lawsuits is spreading, as big players with deep pockets are financing lawsuits and making larger and larger bets on litigation.

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Mutual fund company Legg Mason Inc. says it is acquiring Fauchier Partners.

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WILMINGTON, Del. — After a long and contentious legal battle and more than three years in bankruptcy, Washington Mutual Inc. on Friday finally won court approval of a reorganization plan. “It took three and a half years, but I think ...

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NEW YORK — The second trial to result from a massive investigation into insider trading at hedge funds ended Monday with the conviction of a trio of Wall Street traders on charges they paid hefty bribes to coax confidential information ...

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WASHINGTON — The government-appointed panel investigating the roots of the financial crisis says the meltdown occurred because government officials and Wall Street executives ignored warning signs and failed to manage risks. The crisis could have been avoided, the Financial Crisis ...

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Bernard Rhee has two secret weapons: He knows patents and he knows pharmacology. These specialties make his small Baltimore law practice a valuable asset to his bread-and-butter clients in the biotechnology and medical device fields. But where that knowledge really ...

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