Anonymous online posts by the chief executive of Whole Foods Markets have spurred an informal inquiry by the Securities and Exchange Commission, the Wall Street Journal…
Since Conrad Black’s trial began on March 20, his wife has been a constant presence in the courtroom. Now ,as she copes with his conviction for mail fraud and obstruction…
A bankruptcy examiner says Mayer, Brown, Rowe & Maw could face legal claims for drafting documents that helped a commodities trading firm move bad debts off the books.
A document made public yesterday in a government lawsuit reveals that the person posting frequent Internet messages about Whole Foods Market and a major retailing rival was none other than…
The trial of the ex-CEO of Brocade Communications is continuing as the judge overseeing the proceedings considers a defense motion to dismiss the charges.
Federal prosecutors will file briefs this morning backing up their assertion that the former CEO of Brocade Communications acted with criminal intent when he authorized backdated stock options.
A defense lawyer for the ex-CEO of Brocade Communications got support for his contention that backdating stock options causes no harm to companies in testimony at the San Francisco trial…
Members of the Securities and Exchange Commission took mostly softball questions at an appearance yesterday before the House Financial Services Committee.
The SEC refuted criticism that the agency is favoring…
Three former vice presidents of Countrywide Financial Corp. have agreed to plead guilty to securities fraud, according to federal prosecutors in Los Angeles.
A former lawyer with the Securities and Exchange Commission says he will fight civil charges alleging he participated in an illegal “pump and dump” stock scheme.
A U.S. Supreme Court decision yesterday setting a high pleading standard for investor lawsuits comes as corporations are pressing for even more restrictions on securities litigation.