New York litigator Edward W. Hayes was accused of legal malpractice for sleeping through his client’s deposition. In 2003, Hayes was retained by Robert Flutie to defend companies he owned against a suit brought by the trustee of a bankruptcy […]

Richard Purtich, a Los Angeles Attorney, has pleaded guilty to a felony tax charge related to allegations that he illegally acted as a pass-through for money paid to a client of indicted law firm Milberg Weiss Bershad & Schulman. The […]

A report issued today from the [tag]Office of Federal Housing Enterprise Oversight[/tag], or [tag]Ofheo[/tag], said that [tag]Fannie Mae[/tag]’s [/tag]quarterly earnings[/tag] were manipulated and the company engaged in [tag]improper accounting[/tag]. The report further stated that management was allowed to disregard [tag]accounting […]

Your personal information is not safe anywhere, it seems!!! The names, addresses, birthdates, and[tag] social security numbers[/tag] of 26.5 million U.S. Veterans were stolen from the home of a[tag] Veterans Affairs[/tag] employee. The employee (a “midlevel data analyst”) apparently brought […]

Democratic lawmaker Rep. William Jefferson (New Orleans, Louisiana) has been under [tag]investigation[/tag] for [tag]bribery[/tag], and the FBI says he was videotaped receiving a $100,000 bribe from an [tag]FBI informant[/tag] on July 30. 2005. The money was given to Jefferson to […]

The Justice Department has joined a whistleblower lawsuit against Abbott Laboratories and its spinoff, Hospira. The companies allegedly conspired to inflate Medicare and Medicaid reimbursements on some drugs. It is alleged that Abbott Labs reported its drug prices to price […]

The New York based law firm of Milberg Weiss Bershad & Schulman was indicted in Los Angeles yesterday for twenty years of activities, including a conspiracy to give kickbacks to lead plaintiffs in securities class-action cases. It is alleged that […]

For months, the [tag]SEC[/tag] has been considering whether to exempt small companies from [tag]Section 404[/tag] of [tag]Sarbanes-Oxley[/tag]. Compliance with [tag]SOX[/tag] is expensive, and it was argued that smaller companies were overburdened. Instead of exempting the small companies, the SEC has […]

Texas Attorney General Greg Abbott has filed a lawsuit against [tag]BioPerformance[/tag] Inc. He has also obtained a temporary restraining order to stop the company from operating. BioPerformance is an illegal [tag]pyramid scheme[/tag] that markets fuel pills with false claims. The […]

[tag]Ward Churchill[/tag], professor at the University of Colorado committed [tag]academic misconduct[/tag], according to the report of an investigative committee. The [tag]investigation[/tag] centered around what the University referred to as [tag]research misconduct[/tag]. From the full text of the report on the […]