02/03/2012
Swiss Bank Charged With Helping U.S. Clients Evade Taxes
Prosecutors said that from 2002 to 2011, more than 100 U.S. taxpayers conspired with Wegelin
02/02/2012
In fact, the study indicates that Muslims are just as unwilling to accept Islamic law as non-Muslims.
02/02/2012
'Dead' trader found working in Las Vegas casino fined $90,000
Jones had disappeared over three decades earlier from Highland Park, Illinois.
01/30/2012
Consulting revenue increased 21 percent to $720 million, while accounting revenue climbed 15 percent to $520 million, and tax revenue grew 7 percent to $860 million. Auditing revenue, however, declined 7 percent to $1.1 billion.
01/30/2012
One of the many regulatory changes brought about by the Dodd-Frank Wall Street Reform and Consumer Protection Act, this new “family office rule,” provides a broad exemption from SEC registration for many family offices.
01/30/2012
Switzerland has been lobbying for a year to get the investigations dropped in return for the payment of a hefty fine and the transfer of names of thousands of U.S. bank clients suspected of dodging taxes.
01/30/2012
Jason Green, who led Stanford Group’s private-client group, cited the loss while being cross-examined by the defense on the fifth day of Stanford’s investor fraud trial in federal court in Houston.
01/27/2012
Frumento and Korenman will also lead an inter-disciplinary practice to serve the legal needs of senior officers of public companies.
01/26/2012
The inquiry being conducted by the Senate Permanent Subcommittee on Investigations could yield a report and congressional hearing later this spring, these people said.
01/26/2012
This is so worrying those negotiating Greece's private sector deal that many are trying to keep the final structure of a rescue package under wraps until it is done to prevent the funds from finding a legal edge, sources close to the talks say.
01/26/2012
“Merrill Lynch specifically designed this bonus program to bypass FINRA’s rule requiring firms to arbitrate disputes with employees, and purposefully filed expedited collection actions in New York State courts and denied those registered repre
01/25/2012
But one of Stanford's attorneys told jurors the financier was a resourceful businessman whose financial empire, which spanned the U.S., the Caribbean and Latin America, was real and paid investors every penny that was promised to them.
01/24/2012
On Monday, five banks — Bank of America, Wells Fargo, JPMorgan Chase, Citibank and Ally Financial — reached a draft settlement of the dispute with the states' top legal officials.
01/24/2012
Private equity firms, including Blackstone Group, are also becoming alternative asset managers and broadening their activities beyond typical private equity firms, Higgins added.
01/24/2012
An arbitration panel has ruled that Merrill Lynch must pay roughly $1.2 million to former Boston Red Sox catcher Douglas Mirabelli and his wife for giving the couple allegedly inappropriate investment advice.
01/22/2012
Dexia in October agreed to split itself when its interbank lending sources dried up amid the Europe's stressed economies. Dexia had come to rely heavily on short-term lending and government support after it was battered by the financial crisis, partl
01/20/2012
Unlike the dozens of high-level hedge fund managers who have been arrested in the government's four-year crackdown on illicit trading he toiled at a mid-size 77-year-old firm that keeps a low profile and caters to rich families.
01/18/2012
The misconduct was revealed during the course of an SEC examination, minimizing investor harm.
01/17/2012
HgCapital, the mid-market private equity house, is one of two key fund formation clients transferring its mandates to Proskauer, where relationship partner Nigel van Zyl began work earlier this month.
01/12/2012
Parabellum will be run by former members of the Credit Suisse Legal Risk Strategies & Finance team, led by Aaron Katz. The spinoff from Credit Suisse will allow Parabellum to grow and broaden its product lineup without operating under the constraints