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Accused U.S. 'flash crash' trader wins bail in London

Navinder Sarao, the London-based day-trader accused by the United States of a market manipulation that contributed to a Wall Street “flash crash” in 2010, was freed on bail on Friday after spending four months in prison. Sarao, who lived in a small, nondescript house near London’s Heathrow Airport, was arrested by British police on a U.S. extradition warrant in April after being charged with wire fraud, commodities fraud and market

America's oldest CEO puts his Dole buyout to a high-stakes test

It was certainly unusual, and could lead to one of the biggest judgments ever in Delaware’s Court of Chancery, a leading venue for corporate disputes. Dole faces two kinds of legal actions that have been combined because they both allege the buyout price was too low. A small group of hedge funds have brought a so-called appraisal action, which is being tried alongside a shareholder class action lawsuit.