Leading Monday's corporations and securities law news, the US Government Accountability Office (GAO) has released a report urging the Securities and Exchange Commission (SEC) to improve its oversight of the mutual funds industry. The report...
Leading Friday's corporations and securities law news, the US Securities and Exchange Commission has formally set out its plans to alleviate corporate financial strain caused by Hurricane Katrina . In a press release, the agency...
Leading Tuesday's corporations and securities law news, Washington Superior Court Judge Steven Gonzalez ruled that former Microsoft executive Kai-Fu Lee can work for Google . The ruling allows Dr. Lee to work for Google...
Leading Monday's corporations and securities law news, the Office of Federal Housing Enterprise Oversight (OFHEO) has announced that it has entered into a consent order with Freddie Mac over the company's multi-billion dollar accounting scandal...
Leading Tuesday's corporations and securities law news, executives at DaimlerChrysler have denied that they were involved in insider trading. German media are reporting that DaimlerChrysler's chief spokesman Hartmut Schick and executive board member Ruediger Grube are under...
Leading Friday's corporations and securities law news, the US Securities and Exchange Commission has announced that it will indefinitely extend filing deadlines for businesses in the areas affected by hurricane Katrina. In a press release, the SEC...
Leading Thursday's corporations and securities law news, US Department of Justice lawyers have accused Bayou Management of fabricating wildly inaccurate financial results for the past seven years. Filing civil charges to freeze the hedge fund's assets, US Attorney David...
Leading Tuesday's corporations and securities law news, the Arizona Attorney General's office has announced that $101 million it seized earlier this year may belong to failed hedge fund company Bayou Management. The Connecticut Attorney General's office said...
Leading Friday's corporations and securities law news, US Bankruptcy Judge Eugene Wedoff has granted United Airlines an extension to file its final bankruptcy plan. The plan, which was due in September, will now be due...
Leading Tuesday's corporations and securities law news, Northwest Airlines continued service today, the second full business day of strikes by their mechanics' union. In what some are seeing as a serious blow to organized labor , the airline...