03/26/2012
U.S. District Judge William Pauley cited the extraordinary cooperation by 38-year-old Matthew Devlin when he said prison time was unnecessary and placed him on probation for three years.
03/26/2012
The Securities and Exchange Commission said in a statement Friday that Wells Fargo agreed to produce the documents under subpoenas dating to September of 2011, but the bank has failed to hand over much of the requested material.
03/23/2012
WNS is a leading global business process outsourcing company incorporated in Jersey, with its principal executive office located in India.
03/23/2012
Baker & McKenzie is to close its San Diego office at the end of the month with all fee-earners and staff losing their jobs.
03/22/2012
Deutsche Bank AG changed the legal structure of its huge U.S. subsidiary to shield it from new regulations that would have required the German bank to pump new capital into the U.S. arm.
03/21/2012
Moreover, Securities & Exchange Commission filings show Levchin still has 3.9 million shares of Yelp, now trading near $22, in his Roth. So it appears his tax-free “retirement” kitty is worth at least $95 million—and maybe a lot more
03/21/2012
The 9th U.S. Circuit Court of Appeals said on Tuesday that investors who bought fraudulent certificates of deposit from Millennium did not pursue all remedies with the Federal Deposit Insurance Corporation (FDIC) as required by federal law or show that JP
03/21/2012
While concerns about further economic uncertainty continue to be top of mind for business leaders, issues such as fraud and ethics, mergers and acquisitions, large programs, new product introductions, and business continuity were identified among the top
03/20/2012
The move is a blow to the Vatican's drive to have its bank included in Europe's "white list" of states that comply with international standards against tax fraud and money-laundering.
03/20/2012
The SEC credited the senior executive for his cooperation by declining to take enforcement action against him based on certain factors identified in itsPolicy Statement Concerning Cooperation by Individuals in its Investigations and Related Enforcement A
03/19/2012
Kon - a key negotiator in the Proskauer talks - yesterday reaffirmed the firm’s plans to revisit the opportunity with another firm.
03/19/2012
Brian Kim also admitted Friday that he stole hundreds of thousands of dollars from his condominium board and fled to Hong Kong as a trial loomed.
03/19/2012
Gary P. Naftalis, a lawyer for Mr. Gupta, said during the hearing that the government has secretly recorded telephone conversations of a Goldman executive tipping off Mr. Rajaratnam to confidential information about Intel and Apple.
03/15/2012
The Securities Arbitration Law Firm of Klayman & Toskes has announced that it is continuing to pursue securities arbitration claims against UBS Financial Services UBS with the Financial Industry Regulatory Authority's ("FINRA") Office o
03/15/2012
Two Swiss men who acted as “full service tax evasion advisers” helped U.S. clients hide hundreds of millions of dollars from tax authorities, while delivering cash in hotels and through a child courier, prosecutors said.
03/15/2012
The U.S. Securities and Exchange Commission says in its complaint that McGee received information about the merger from a Philadelphia Consolidated executive following an AA meeting they both attended.
03/14/2012
The development follows a series of high-profile engagements in which Duff & Phelps has advised clients on complex, dispute-related matters throughout the recession and ongoing recovery.
03/13/2012
The bank wants the U.S. Court of Appeals for the Second Circuit to toss out the arbitration award, which was confirmed by a federal judge in late 2010. It argues the panelists ignored certain legal principles in deciding the case.
03/13/2012
When MBIA disclosed the restructuring, its stock price popped about 30 percent, rising to $4.51 a share on Feb. 18, 2009, from $3.48 a share a day earlier. Its stock closed at $9.61 on Friday.
03/13/2012
The Democrat-led Senate has adopted an amendment, which would provide a range of further measures for the Treasury Department to take against foreign governments and financial institutions that "significantly impede United States tax enforcement&rdqu