Nasdaq has given [tag]Merge Technologies[/tag] Inc. until July 7 to make its required federal filings or it will be delisted. [tag]Nasdaq[/tag] first threatened the company with [tag]delisting[/tag] in May because of non-filing of a Form [tag]10-K[/tag] annual report for 2005 […]
Written by Tracy L. Coenen, CPA, CFF Wisconsin Law Journal After a trial that lasted almost four months, Kenneth Lay and Jeffrey Skilling, both former heads of Enron Corp., have been convicted of multiple federal offenses related to the collapse […]
Investor Yoshiaki Murakami was arrested today in Japan after admitting to [tag]insider trading[/tag]. He has been known for buying large stakes in companies and attempting to change them in ways that will boost the stock prices. Murakami was known for […]
A proposed settlement between [tag]Tyco[/tag] and the SEC’s enforcement division is pending before a U.S. District Court. Under the settlement, the [tag]SEC[/tag] will determine how to distribute $50 million paid by Tyco. The [tag]civil complaint[/tag] filed by the SEC alleges […]
Anne Majerik, a 60 year-old social worker from Pennsylvania won $2.1 million in a lawsuit against Beverly Hills [tag]matchmaker[/tag] Orly Hadida (who just goes by the name Orly). Majeric alleged that she paid Orly $125,000 to introduce her to wealthy […]
Former Tyco CEO Dennis Kozlowski wants more. His first criminal trial ended in a mistrial and cost him almost $18 million in legal fees, while the second trial cost him $8 million. Kozlowski is appealing his conviction and is named […]
Jeremy Blachman, a Harvard Law School student, is the infamous author of the blog Anonymous Lawyer, which was a mockery of life at a large law firm. He’s now written a book with teh same title, which will be released […]
BusinessWeek has published a very interesting story about the [tag]outside counsel[/tag] for [tag]Enron[/tag], Vinson & Elkins. The firm played in integral role in Enron’s deals, and the [tag]SEC[/tag] is investigating the advice that the firm gave Enron. The question remains […]
James Lewis Jr., the operator of one of the largest Ponzi schemes in U.S. history was sentenced to 30 years in prison last week. That was the maximum sentence that could be imposed. He was also ordered to pay $156 […]
According to an article on the Motley Fool site earlier this year, credit card debt is a huge problem. They say that Americans owe over half a trillion dollars in credit card debt. An analysis by the U.S. Public Interest […]
