The U.S. Securities and Exchange Commission has dropped its suit against a California investment adviser who ran three feeder funds for Bernard L. Madoff's $65 billion Ponzi scheme and died in September.
HannStar Display Corp.'s president has been indicted for allegedly participating in a global price-fixing conspiracy for thin film transistor liquid crystal display panels, joining more than 20 executives targeted in the U.S.' probe of the industry.
The white collar bar has to do a better job policing itself in running internal investigations at the behest of government authorities. We have all heard stories of “independent counsel” turning ostensibly small investigations into huge ordeals for the companies involved, says Stephen Fishbein, leader of Shearman & Sterling LLP's litigation practice group.
A former Perot Investments Inc. trader faces a 10-year prison term after he pled guilty Thursday to insider trading charges alleging that he pocketed $8.6 million off Dell Inc.’s buyout of Perot Systems Corp.
A former Washington attorney convicted in a scheme to sell $20 million in fraudulent municipal bonds has lost a fight in the state’s high court to keep from being disbarred.
King & Spalding LLP garnered favorable resolutions in high-profile criminal investigations for clients such as Bank of America Corp. and Allergan Inc., including the highest settlement of the year in a False Claims Act case, making it one of Law360's White Collar Groups of 2010.
A federal judge sentenced former Bank One Corp. executive John Ohle on Thursday to five years in prison for alleged crimes associated with tax evasion and helping others generate as much as $87.5 million in phony losses to avoid paying taxes.
A former Virginia state lawmaker accused of trading state money for a university gig pled not guilty on Thursday to charges of bribery and extortion.
A man accused of attempting to sell an older-model fighter jet and other military equipment to a buyer in Iran pled guilty Thursday in federal court.
Federal prosecutors said Thursday that they would hold off retrying Conrad Black on two fraud convictions dismissed by the Seventh Circuit last year while the media mogul appeals the remaining two convictions in the case to the U.S. Supreme Court.
The former head of Home Diagnostics Inc. has been charged with insider trading for allegedly tipping off friends and family members to Nipro Corp.'s plans to acquire the medical device company for $215 million.
French carmaker Renault said Thursday that it had filed a criminal complaint with the state prosecutor in Paris, accusing “persons unknown” of organized industrial espionage, corruption, breach of trust, theft and concealment.
U.S. prosecutors have asked a federal judge to send alleged Ponzi schemer Robert Allen Stanford to a government facility for a psychiatric evaluation after his trial was delayed because of mental incompetence.
A federal judge has denied the U.S. government’s bid to obtain interview transcripts between an imprisoned contracting officer and a Kuwaiti corporation seeking to recover nearly $16 million for defense contracts it claimed were improperly canceled or mishandled.
A bankruptcy judge approved a $7.2 billion settlement Thursday between a trustee overseeing recovery for victims of Bernard Madoff's massive Ponzi scheme and the widow of Jeffry Picower, a longtime investor in the scheme.
Military contractor Western Titanium Inc. will plead guilty to one count of mail fraud in a case accusing it of passing off substandard metal as high-quality, escaping 18 other counts and getting charges against its executives dismissed.
A federal judge Wednesday transferred an insider trading case against a Californian accused of funneling the sensitive financial information of technology companies to hedge funds from San Francisco to New York.
Former Bank One Corp. executive John Ohle asked a federal judge Wednesday to let him remain free on bond after his sentencing because he is appealing his convictions on tax evasion and conspiracy to commit bank fraud charges.
The U.S. Securities and Exchange Commission has made a new plea for immediate access to wiretap recordings from suspected insider trading ring participants Raj Rajaratnam and Danielle Chiesi, who are also facing criminal charges.
An Illinois commercial print broker has admitted to lying in a bid to the U.S. Government Printing Office in the first case to arise from an ongoing investigation into GPO bids by antitrust and other federal officials.