Search Results for: \\\\\\\"corporate fraud\\\\\\\"

Mikhail Khodorkovsky, the former CEO of the Russian oil company Yukos, will remain in jail until February 14, the Moscow City Court ruled on Wednesday, rejecting an appeal from Khodorkovsky's legal team. Khordorkovsky will be tried on charges of...

A federal district judge has upheld the constitutionality of the Sarbanes-Oxley Act against a challenge by former HealthSouth CEO Richard Scrushy, the first executive charged under the act last year for his alleged oversight of a scheme to...

In Tuesday's corporations and securities law news, American International Group Inc. (AIG) announced it has submitted a settlement offer to the SEC and reached an agreement with the Department of Justice over an investigation into the financial services company's...

In Thursday's corporations and securities law news, Enron Corp. has closed the $2 billion sale of its interest in three natural gas pipelines to CCE Holdings LLC, a joint venture of Southern Union Co. and GE Commercial Finance Energy...

In Wednesday's corporations and securities law news, federal officials are investigating former Enron Chairman Kenneth Lay's wife in connection with a $1.3 million Enron stock sale just days before the energy company went under. The couple's lawyer indicated the...

In Tuesday's corporations and securities law news, Oracle's hostile bid for PeopleSoft Inc. has not been defeated as top shareholders in PeopleSoft are split on whether to accept the bid. Capital Guardian Trust Co. will tender its 10% stake...

In Monday's corporations and securities law news, Dow Jones & Co. has settled a defamation suit with Australian mining magnate Joe Gutnick. The suit arose out of an online publication of a story which portrayed Gutnick as a schemer...

The US Securities and Exchange Commission is likely to file civil fraud charges this week against former Hollinger International chairman Conrad Black and former Hollinger president David Radler, according to a Monday Wall Street Journal report . In...

The US Department of Justice Wednesday posted on its website a public letter from outgoing Attorney General John Ashcroft entitled "Farewell to the American People". In the letter, Ashcroft says he accomplished what he set out to accomplish during...

In Wednesday's corporations and securities law news, Martha Stewart Omnimedia Inc. announced Martha Stewart has asked the company to reimburse her for $3.7 million in legal bills. Stewart, who is currently appealing her conviction for lying to investigators about...