Victims of the $3 billion TelexFree Ponzi scheme claim that new evidence supports their allegations against five financial service providers previously cut from their 2014 suit over the scam and are asking a Massachusetts federal judge to accept their fifth amended...

Victims of the $3 billion TelexFree Ponzi scheme told a Massachusetts federal judge on Tuesday they've reached three settlements with the company's former chief financial officer, one of its payment processors and Synovus Bank. If approved, the settlements would provide $2.1...

A California federal judge will reconsider a $576.8 million bundle of antitrust settlements after the Ninth Circuit on Wednesday remanded a certification order and settlement approval for a class of indirect cathode ray tube purchasers. The appellate court's order...

Wells Fargo Advisors LLC has asked a Massachusetts federal court to release it from multidistrict litigation by investors looking to recoup losses they sustained from 2012 to 2014 through the multibillion-dollar TelexFree pyramid scheme, arguing the investors never spelled out Wells Fargo's alleged...

A California federal judge floated the possibility of appointing separate counsel Thursday for a class of indirect cathode ray tubes purchasers, after saying he shouldn't have cleared a $576.8 million bundle of antitrust settlements and admonishing the current attorneys...

A Ninth Circuit judge on Tuesday criticized lead counsel for indirect buyers of cathode ray tubes who secured a $576.8 million bundle of antitrust settlements with tech giants like Philips and Panasonic, saying it's a "problem" that they secured the...