Former American International Group (AIG) executives on Thursday agreed to settle a suit brought by the US Securities and Exchange Commission (SEC) alleging their involvement in inflating the company's reported financial...
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The US Securities and Exchange Commission (SEC) filed fraud charges Tuesday against General Electric Co. (GE) , resulting in GE agreeing to pay a $50 million settlement . The SEC accused GE of...
The US Securities and Exchange Commission (SEC) on Monday charged Bank of America with misleading investors regarding billions of dollars paid to Merrill Lynch executives during the acquisition of the firm....
Bank of America (BOA) announced Tuesday that it has reached a settlement with Parmalat SpA in litigation stemming from the 2003 collapse of the Italian dairy giant. Under the terms...
Parmalat founder sentenced to 10 years for role in fraud scheme
An Italian court in Milan Thursday sentenced Parmalat SpA founder Calisto Tanzi to 10 years in prison for his role in the collapse of the Italian dairy giant. Tanzi is the first...