investor News

Brooks Brothers’ Billionaire Former Owners are Sued Over Its Bankruptcy

NEW YORK — The billionaire Italian family that until recently owned Brooks Brothers has been accused in a lawsuit of driving the iconic apparel retailer into bankruptcy instead of selling it, to avoid paying millions of dollars to an investor. …

Cryptocurrency Investor Sues Suburban NYC Teen For $71.4M Over Alleged Swindle

NEW YORK — A U.S. cryptocurrency investor on Thursday sued a suburban New York high school senior, accusing the 18-year-old of being the mastermind and ringleader of a cybercrime scheme that defrauded him out of millions of dollars in digital …

Bayer Investor Sues Top Officials for ‘Disastrous’ Monsanto Deal

A Bayer AG investor sued the board and other top company officials, claiming the “disastrous” 2018 acquisition of Monsanto Co. eroded the company’s share value by saddling it with potentially billions of dollars in liability from Roundup lawsuits. Bayer AG’s …

Transatlantic Reminds Why Wall Street Likes Reinsurance

Warren Buffett’s entry into the bidding for Transatlantic Holdings is drawing fresh attention to the reinsurance industry, which specializes in writing insurance for insurers in a way that frees up those companies to take on more risk. With cheap valuations …