Eric Schneiderman

The Trump name carries privilege, but the wearer also gets a big bullseye on the back. Eric Trump, one of the sons of President Donald Trump, was the latest member of the clan to find that out this week when Forbes magazine suggested the Eric Trump Foundation shifted money from a golf tourney for...

Humanitarians have long highlighted the abusive fees demanded of migrants fleeing foreign war zones and oppressive regimes. But similarly exploitative pricing schemes quietly mark the travels of transients within the United States. On Wednesday, following a two-month investigation, the state of New...

Why is Exxon Mobil Corporation (NYSE: XOM) the only oil firm that doesn't write down the value of its assets? According to the Wall Street Journal, this is the exact same question that New York Attorney General Eric Schneiderman is asking. The Journal, citing "people familiar with the matter,"...

New York's Attorney General Eric Schneiderman declared in November that online fantasy sports sites, like FanDuel and DraftKings, were operating illegally in the state of New York and are to be banned. On Wednesday, Illinois joined New York in banning its residents from participating in...

The New York Attorney General's office is investing possible foreign-exchange manipulation. Brokers are suspected to be engaged in "spoofing," whereby orders to buy or sell are entered into the market with the intent of being canceled prior to filled. Subpoenas have been...

Dietary supplement companies like GNC Holdings Inc (NYSE: GNC), Herbalife Ltd. (NYSE: HLF) and Vitamin Shoppe Inc (NYSE: VSI) saw their stocks tumbling Tuesday. The decline was triggered by actions the U.S. Department of Justice (DoJ), the Food and Drug Administration (FDA) and other U.S. agencies...

New York's Attorney General Eric Schneiderman declared earlier this week that FanDuel and DraftKings were operating illegally. Schneiderman stated that the fantasy sports betting site was operating as a gambling company. FanDuel is fighting back against the ruling, accusing the attorney general of...

The state of New York has banned DraftKings and FanDuel, two fantasy sports betting sites. New York Attorney General Eric Schneiderman said the sites accept money from clients who illegally bet on sporting event outcomes. The list of companies with ownership stakes in DraftKings and FanDuel are...

New York Attorney General Eric Schneiderman has opened a probe of daily fantasy sports sites DraftKings and FanDuel. In response, sponsors – including MLB and ESPN – have begun to distance themselves from the two sites. It’s too early in the investigation process to predict what...

U.S. stock futures were pointing towards a modestly higher open as investors found enough optimism from Dow components Coca-Cola and Johnson & Johnson who both reported better than expected quarterly results. Investors were further spooked by reports of pro-Russian separatists taking...

When it comes to the notion of a stock market rigged by high-frequency traders, aka the so-called “Flash Boys,” CNBC’s Jim Cramer suggested his own version of fighting fire with fire. The way to win, Cramer said, is to do basic homework. Cramer doesn’t dispute author Michael Lewis’ allegations...

The Benzinga #PreMarket Prep Show recently had a chance to chat with Christopher Nagy and Dave Lauer of the KOR Group LLC on Friday, March 21. Nagy, co-founder of KOR, is a 25 year veteran of Wall Street with stints at TD Ameritrade, US Bank and Lehman Brothers. Nagy served on the board of...