Leading Monday's securities and corporations law news, the SEC has charged three men with conning investors in a microcap scam. The scam involved sending faxes that were designed to look like a confidential stock tip from a...
Leading Wednesday's corporations and securities news, shareholders of Sprint and Nextel approved Sprint's $36 billion bid to purchase Nextel. In a joint press release, the companies announced that 97 percent of voters approved of the...
Leading Tuesday's corporations and securities law news, American Express has settled a lawsuit with New Hampshire and residents of the state. The state said it sued after learning the company had pressured agents in New Hampshire to...
Leading Monday's corporations and securities law news, Sprint has said it will buy its affiliate and litigant, US Unwired . In a press release, Sprint said it will purchase its Louisiana-based distributor for $1.3 billion and...
Leading Friday's corporations and securities law news, Big Four accounting firm Deloitte is under investigation by federal regulators. Bloomberg News is reporting that the Public Company Accounting Oversight Board accidentally released a private...
Leading Thursday's corporations and securities law news, New York Attorney General Eliot Spitzer will retry ex-Bank of America broker Theodore Sihpol. Sihpol was acquitted on 29 counts of fraud-related charges last month , but the jury...
Leading Wednesday's corporations and securities law news, communications Nextel is being sued by a distributing affiliate, Nextel Partners, that claims it was not given input into Nextel's impending merger with Sprint and wants to go to arbitration....
Leading Tuesday's corporations and securities law news, a Securities and Exchange Commission (SEC) spokesman said today that the agency still plans to pursue a $785 million civil suit against former HealthSouth Corp. CEO Richard Scrushy...
Leading Friday's corporations and securities news, the White House Friday formally filed papers with the Senate for the nomination of Congressman Christopher Cox as new Chairman of the SEC. Cox, a Republican from California, was informally tabbed...
Leading Thursday's corporations and securities law news, as expected, SEC Chairman William Donaldson officially stepped down today, having announced his resignation earlier this month . Donaldson steered the regulatory agency for the last two-plus years through...