Leading Monday's corporations and securities law news, the Financial Times is reporting that the US Department of Justice is nearing a settlement with Big Four accounting firm KPMG . KPMG has been under investigation for its creation and...
Leading Wednesday's corporations and securities law news, Newsweek is reporting that the New York Stock Exchange may settle with former CEO Richard Grasso for $25 million. The NYSE is attempting to recoup some of the $187 million...
Leading Tuesday's corporations and securities law news, JP Morgan Chase has settled with Enron for the bank's role in the accounting fraud that lead to Enron's bankruptcy . In a Tuesday press release , JP...
Leading Monday's corporations and securities law brief, the New York Stock Exchange says it has censured and fined Merrill Lynch for what it called "supervisory and operational lapses." In a press release, the NYSE indicated it has fined the...
Leading Thursday's corporations and securities law brief, former HVB Group executive Domenick DeGiorgio has pleaded guilty to fraud and tax evasion for his role in creating and selling illegal tax shelters for HVB and its customers. Though...
Leading Wednesday's corporation and securities law news, the US Court of Appeals for the District of Columbia Circuit has suspended controversial corporate governance rules for mutual funds promulgated by the Securities and Exchange Commission. The suspension will last until...
Leading Monday's corporations and securities law brief, Warren Buffett company Berkshire Hathaway has revealed that the management company is being investigated by the SEC and the state of New York, among others. In a filing with...
Leading Friday's corporations and securities law brief, the Canadian Imperial Bank of Commerce (CIBC) has agreed to pay Enron Corp. $250 million. The payment follows a a $2.4 billion settlement with Enron shareholders [JURIST...
Leading Thursday's corporations and securities law news, the Sprint-Nextel merger has taken a large step towards final approval after the Federal Communications Commission and the US Justice Department ...
Leading Wednesday's corporations and securities law news, Christopher Cox was sworn in as the chairman of the Securities and Exchange Commission . Cox, who became the 28th chairman of the SEC, took the oath of office...