adam: news alert for you, eric schneiderman seeking the help of washington, d.c. to help prevent high-frequency traders from getting information earlier than the rest. they paid thompson and reuters for that information. speaking at the bloomberg market, the attorney general had this to say. >> we are seeing something far more insidious than insider trading. small co-op of powerful groups inside the market are able to use soon to be public information combined with high-frequency trading. adam: he says regulators face several challenges tracking and preventing these. he made very clear that he plans to take action against companies that are proven to be involved. lori: the chipmaker has reached a deal to buy tokyo electron. they will maintain dual listings. the deal is due to close in the middle to the second half of 24 team. more trouble on the way for jpmorgan chase. now, we are learning that they are talking to california's attorney general. >> yes. last-minute talks. they are trying to delay the filing of a lawsuit. jpmorgan faces multiple probes. the californ

. >> this is eric schneiderman the attorney general of new york state trying to crackdown on fake online reviews of businesses so he and his staff created an imaginary yogurt shop. it's a business that doesn't exist and they had companies offering to write reviews. >> every day every hour. >> that's how often they check the reviews of the restaurant he manages in georgetown. this phone call is unusual. the vast majority of his orders come online. so reviews on websites like yell up matter. >> we try to get four stars and there's fake people put up bad reviews on us competition. >> the bad reviews don't always come from competition. after an year long under cover operation the new york attorney general has forced 19 companies to stop writing fake online reviews. they're third-parties paying people as little -- as $1 a day to place these bad ads. >> this extends beyond products and services. there are medical professionals reviews being falsified. lawyers sleep and weight loss clinics. >> yep told fox 5 that they take many steps to use automated filtering software, undercover sting operati

new york state is probably going to get a portion of the fine because eric schneiderman, the new yorkrney general is part of the suit, and a portion of it, as described in preliminary terms -- it's not a signed deal -- part it going to be coming in some sort of restitution to home owners, some sort of give back to people that -- with mortgages. there's some sort of piece of this that goes to the quote-unquote general public. not the majority of it but a piece of it. >> neil: we're going to debt -- >> 7 bill -- seven billion in fines. >> neil: a lot of fines. wrote does itened up in. >> we're going to see pennies on the dollar go to the pull people punished by this and the rest of the money -- again, i know it goes the department ofity, disappears somewhere, but actual restitution to individuals will be minimal. >> neil: thank you very much. ted cruz, talking -- got also tit-for-tat on this whole filibustering thing yesterday. senator corker saying that it really was for nothing. mike lee was a partner in that speaking. can we listen to this? >> majority leader. >> madam president, we

. >> check this out. 19 firms -- this is the new york state attorney general eric schneiderman has had pay $350,000 in fines for posting fake reviews because they were caught. >> listen to this. a nightclub involved in this advertised directly for somebody to write a review and said we'll supply the text. you just have to be able to get the posts done without getting flagged, meaning getting busted. >> wow. when i'm going on vacation, i go to that website. >> i know. and i buy something at a big box stores, is this generator any good? is this any good? you don't know who's writing the reviews. and the ones that are most tricky that say it took a while to start and once it got going it was fabulous. the smart ones have a teeny negative and then positive. >> i got to tell you, if you go somewhere and you are the type of person who writes a review, you will write, i enjoyed this a little or didn't enjoy it but overall it was this or that. that is a review normal person would write and that is why they are the most believable. >> buyer beware. >>> coming up, the stress on stage for neil pa

but, and it also contains at least, the case brought by new york attorney general eric schneiderman. there could be other cases. this is where it becomes the travesty i believe it is. remember when these cases started. they started, a lot of ite dimod speaking out against dodd-frank. melissa: guess what? right? >> guess what? a marginal trading loss, everybody that watches knows what it is, it was a trading snafu in london where traders maybe hid some of the losses. remember how immaterial that was to the bottom line. they conflated that with a major scandal. so they're conflating this. i'm not saying as a paranoid guy. i talk to people on the street. talk to people in washington. they believe really this is payback. melissa: and a witch-hunt. james? >> look what happened here. the government is basically suing jpmorgan for the crime of helping the government during the financial crisis. so a lot of -- >> bailed out bear stearns. >> charlie mentioned bear stearns. also washington mutual, two institutions the government asked jpmorgan to rescue, high-fives all around in washington, wh

also this comes after new york stays attorney general eric schneiderman says 19 companies were busted as part of operation clean turf. his office created a fake yo gust shop and asked companies to combat negative reviews. the companies offered to post fake consumer reviews on sites including yelp, google local search. reportingly doing business as eboxed are accused of using what are called spoofing techniques to cover their tracks. they allegedly play writers from distance places to possession reviewed. yelp is suing fake reviewers arguing they undermind its business, and real money is at stake. recent findings show nine out of ten son debits say their buying decisions were influenced by online reviews. 86% altered their choice when they saw negative postings. but good marks pay diffidents. a study by the harvard business school saw a one star increase could boost a business take by five to 9%. with sites such as travel losty allowed hotels to raise rates by 11.2% on average without losing any business. as result, we buyers need to be beware. sienna millard sheds her life for one in

adam: latebreaking details as eric schneiderman looks to crack down on those getting data split secondk stock exchange. nicole: you were hoping to see some green arrows. right now, we do have some gains. however, they are hardly

which want eric schneiderman, new york attorney general who lead's the white house task force on mortgage-backedm off our back. we want california off our back. we want pennsylvania off our back. this doesn't settle all the probes. mortgage related security probes we're talking about here. here is the sticking point this is so key to this story. jamie dimon does not want the bank to admit to wrongdoing. non-admission of guilt anywhere in this settlement, any settlement with the department of justice because it would open the door wider to the class-action suits it still faces. $166 billion in mortgage-backed securities still at stake in those class-action suits that the bank has yell to settle. we're talking about a lot of money that the company is telling fox business that is at stake here because they're trying to protect their shareholders. that is what we're hearing from insiders at bank. they feel -- ashley: amount of money if you think about it could be at stake because of those class-action suits for jpmorgan if they do not admit any wrongdoing, so they don't open themselves up to that, i