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Kobre & Kim continues to bring in former government attorneys with a penchant for cross-border work — including five recent hires with experience at the U.S. Department of Justice and the Commodity Futures Trading Commission, the firm announced on Thursday.
The CEO of a microcap business that makes recreational vehicle products was found guilty by a New Jersey federal jury for a multimillion-dollar securities fraud scheme in which he inflated his company's financial state to woo investors, federal prosecutors announced Thursday.
Autonomy's former chief financial officer asked a California federal court Wednesday for a new trial or a judgment of acquittal just weeks after a jury found him guilty of fraud and securities charges for lying about the British software company's financials before Hewlett-Packard Co.'s $11.7 billion acquisition in 2011.
Celebrity chef Jose Garces can keep some of his Philadelphia restaurants under Chapter 11 protection as he gears up to present a stalking horse deal to the bankruptcy court next week, a New Jersey judge has said, rejecting investors’ claims that he lacked the authority to do so.
Stock promoter Louis Petrossi on Thursday was sentenced to over 3½ years in prison for his role in a $131 million market manipulation scam involving shares of lighting company ForceField Energy Inc.