Larry Ribstein, University of Illinois College of Law:"The SEC announced yesterday rulemaking initiatives aimed at so-called "self-regulatory organizations" such as stock exchanges. These include specific proposals to change the rules on ownership, governance, reporting and transparency by these organizations. The...
Search Results for: corporations
Ashcroft cites successes, Psalms in farewell letter to Americans
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...
Corporations & securities brief ~ Martha Stewart asks company to reimburse legal bills
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...
Here's a run-down of law-related events, expected developments and live webcasts on JURIST's docket for Wednesday, November 10.The US Supreme Court hears 10 AM ET arguments in two cases today. In the first, Illinois v. Caballes (case summary from...
Corporations & securities brief ~ SEC considers charges against ex-Lucent executives
In Tuesday's corporations and securities law news, the SEC is considering bringing civil charges against two former executives of Lucent Technologies Inc. and a third unidentified person over violations of the Foreign Corrupt Practices Act by allegedly participating in...
Corporations & securities brief ~ NASD charges H&R Block with fraud over Enron bonds
In Monday's corporations and securities law news, securities regulator National Association of Securities Dealers (NASD) has announced that it has brought charges against H&R Block Inc. for fraudulently promoting Enron Corp. bonds to customers just weeks before the energy...
Judge approves $2.6B Citigroup/WorldCom accounting scandal settlement
US District Judge Denise Cote of the Southern District of NY has approved a $2.6 billion settlement between Citigroup and WorldCom (now MCI) investors, one of the biggest class-action lawsuits resulting from a series of corporate scandals. The class-action...
HR 4520, passed in the House Thursday on the basis of a conference committee report and awaiting approval in the Senate, October 11, 2004 [providing $136 billion in tax cuts for corporations and repealing a $5 billion annual subsidy for...
Martha Stewart letter requesting immediate start of prison sentence
Letter from Walter Dellinger (attorney for Martha Stewart) to Judge Miriam Cedarbaum, September 15, 2004 . See a scanned copy of the letter here...
United States Northern District of California, United State District Chief Judge Vaughn Walker, September 9, 2004. Review the opinion . Excerpt: Plaintiffs have failed to prove the likelihood that a post-merger Oracle and SAP would tacitly...