After spending seven years in jail for contempt of court, investment adviser Martin Armstrong is free to begin serving a five-year sentence for conspiracy to commit securities, mail and wire…
An oil company has agreed to pay $44 million in combined fines and penalties for bribing foreign officials, the largest penalty to date, the Justice Department has announced.
The federal government hasn’t collected a $22.3 million judgment against the former CEO of Gemstar-TV Guide International Inc.—and doesn’t know where he is, according to a Apr 25, 2007 3:12 PM CDT
As previously predicted, the U.S. Securities and Exchange Commission sued former Apple Inc. general counsel Nancy Heinen today, claiming that she participated in a scheme to backdate stock options grants…
Prosecutors say a vice president at drugmaker Amgen Inc. told her husband about favorable results from a clinical trial of a cancer drug, but warned him not to trade on…
The attorney for Apple Inc.’s former general counsel told the Wall Street Journal (sub. req.) her client will use e-mails to show she did not backdate…
A former general counsel for Apple Inc. may be sued by the Securities and Exchange Commission for her role in allegedly backdating two stock options grants to company executives, according…
A lawyer from Cravath, Swain and Moore testified yesterday that he warned that payments to media executives at Hollinger International needed to be disclosed to the Securities and Exchange Commission.
A discovery dispute in a securities fraud suit filed against Oracle Corp. raises the issue: Did the software company have an obligation to warn nonparties to preserve evidence?
The Securities and Exchange Commission is studying a sure-to-be controversial plan to encourage – or even require – parties in securities litigation to arbitrate rather than litigate their cases, potentially…
A settlement of more than $350 million with aggrieved shareholders announced this week by Royal Dutch Shell PLC provides a “European model” for a kinder, gentler approach to such situations…
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