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…
Internal infighting at the Securities and Exchange Commission has scuttled a proposed settlement in an options backdating case against former Brocade Communications CFO Michael Byrd.
Court watchers are waiting to see which U.S. Supreme Court justices participate in a pending case that could determine whether lawyers and other third parties can be…
The U.S. solicitor general has filed an amicus brief opposing expanded liability in a case that could determine the extent of exposure for lawyers and other professionals who help companies…
Akin Gump Strauss Hauer & Feld is facing a $4.4 billion lawsuit filed by two former hedge fund managers who claim the law firm provided bad legal advice that cost…
The Securities and Exchange Commission is expected to file civil charges against a Silicon Valley lawyer for alleged schemes to backdate stock options at two companies.
A U.S. millionaire wanted in connection with an alleged stock option backdating scheme has secured another delay in his extradition hearing in Namibia.
Jacob “Kobi” Alexander, founder of Comverse Technology…
A lawsuit accusing Mayer, Brown, Rowe & Maw of aiding the collapse of commodities brokerage firm Refco could turn on a pending U.S. Supreme Court case.
Updated: In a result seen as a major victory for federal prosecutors, a jury in San Francisco today convicted the former CEO of Brocade Communications Systems Inc. of securities fraud…
A former Wall Street analyst who happened upon a strategy to make money from banks’ initial public offerings has been sentenced to two years in prison for using other people…
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