In the News Today – October 22, 2013

A Manhattan federal judge dismissed a whistleblower lawsuit that accused a Chinese subsidiary of Siemens of violating Dodd-Frank. The judge ruled that the act’s whistleblower protection provisions do not apply extraterritorially. American Lawyer

As talks continue between JPMorgan and the Department of Justice, the agency could use the settlement as a blueprint for future deals relating to the financial crisis, according to an official close to the investigation. Washington Post

A judge has slashed fees for three plaintiffs’ firms after finding they billed too many hours, charged too much, and overstated the complexity of their case. The judge cut the fees from $2.5 million to $943,000. The Recorder