United may face FIFA probe over Fornasier

Manchester United’s signing of teenage defender Michele Fornasier could be investigated after the player’s former club Fiorentina contacted football’s world governing body FIFA about the move. The Italian club are contemplating a formal complaint to FIFA following the departure of the 16-year-old player to the English Premier League outfit in July, though United remain confident of their legal position.

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Can the SEC Be Sued for Failing to Catch Madoff?

The SEC internal-investigation report released on Wednesday points a clear finger of blame at the agency, stating that SEC investigators missed multiple opportunities to discover Bernard Madoff’s criminal activities. But while the report hammers the SEC for repeated instances of incompetence, it stops well short of declaring the SEC liable

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Drug giant Pfizer to pay record $2.3B fine

Pharmaceutical giant Pfizer has agreed to pay a record $2.3 billion settlement to resolve criminal and civil liability for illegally promoting certain pharmaceuticals, the Justice Department announced Wednesday.

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Dead Iran detainee’s father satisfied

The father of a detainee beaten to death in an Iranian prison says he’s satisfied with the way the Islamic government has handled the case — even as it serves as proof imprisoned protesters were abused. A coroner’s report showed Mohsen Rouhol-Amini, arrested for protesting the June 12 election, died of “repeated blows and severe physical injuries” at Tehran’s Kahrizak prison, the semi-official Mehr news agency reported Monday, citing an informed source. Officials initially had said Rouhol-Amini had died from illness

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