Former Enron CEO Jeffrey Skilling has filed an appeal of his conviction and 24-year prison sentence for his role in the collapse of the former energy giant.
Litigation over accounting firm Deloitte & Touche’s role in failing to detect accounting problems at Adelphia Communications is likely to continue, despite a $167.5 million settlement agreement.
Saks Fifth Avenue has agreed to settle a civil suit filed by the Securities and Exchange Commission that alleges the luxury retailer violated financial reporting requirements.
Securities class action lawyer William Lerach is fessing up: The announcement of his retirement borrowed partly from Richard Nixon’s farewell speech to his staff.
A former analyst at Goldman Sachs Group Inc. has pleaded guilty to insider trading charges in a wide-ranging scheme to get advance corporate information from a Merrill Lynch employee, printing…
A federal appeals court has ruled that two executives cannot be retried for alleged securities law violations because a judge declared a mistrial too quickly.
Securities class action lawyer William Lerach is retiring amid rumors he is close to a plea deal related to kickbacks made to lead plaintiffs while he was a lawyer at…
Updated: The Securities and Exchange Commission has accused a former general counsel of backdating stock options while employed at two Silicon Valley companies.
Although the legal market is still strong and many major firms reportedly are competing hard for desired associates, some see a potential storm cloud on the horizon.
Borrowers with bank accounts obviously are better mortgage risks than those with no assets. Yet, until last year, the nation’s biggest lender reportedly set up its computers to exclude applicants’…
Lawsuits filed by shareholders of Citrix Systems in a Florida federal court contend the software company granted backdated stock options that gave windfalls to company executives.
The Securities and Exchange Commission filed civil fraud charges yesterday against Sentinel Management Group, alleging the short-term investment management company misled clients about the reasons it was freezing a $1.5…
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