White Collar

  • September 8, 2006

    Lord Black Pleads Not Guilty To New Charges

    Troubled media tycoon Conrad Black on Friday pled not guilty in U.S. federal court to another pile of charges related to federal investigations into his alleged misappropriations of his former newspaper empire.

  • September 7, 2006

    Judge Refuses To Toss KPMG Suit Over Legal Fees

    Accounting firm KPMG LLP may still have to foot the legal bills for sixteen former executives implicated in the tax-shelter scandal, after a judge refused to dismiss the suit they filed against the company.

  • September 7, 2006

    Trial Date Set For NatWest Three

    It will be about a year before a jury will hear the case of three former bankers whose extradition from the United Kingdom to face Enron-related charges in the United States caused a stir in the U.S. and abroad.

  • September 6, 2006

    DOJ Indicts Stolt On Bid-Rigging Charges

    Despite a last-ditch effort to avoid prosecution, transport company Stolt-Nielsen SA has been indicted by the Department of Justice for its role in a bid-rigging scheme in the global carrier industry.

  • September 5, 2006

    Livedoor Founder Denies Role In Doctoring Profits

    Despite a pledge from the zealous Japanese businessman who launched Internet firm Livedoor Co. that he did not violate securities laws, a prosecution witness painted a different picture Tuesday, testifying that Livedoor manipulated its earnings by selling and buying company shares.

  • September 1, 2006

    Enron Exec Wants Guilty Plea Tossed

    A former Enron executive who pled guilty to federal charges of improperly recognizing revenue has asked a court if he can take it back.

  • August 31, 2006

    First Charged In Backdating Scheme Plead Not Guilty

    The first two former executives to face criminal charges in the stock-option backdating scandal pled not guilty Wednesday, but they likely won’t go to trial for nearly a year.

  • August 31, 2006

    Canadian Court Ties Up Lord Black’s Assets

    A Canadian court has frozen the assets of Conrad Black and his wife, Barbara Amiel Black, forcing the former media mogul and his socialite wife to make do with a lackluster allowance of $20,000 a month, according to a source familiar with the court order.

  • August 29, 2006

    Schering-Plough Pays Government $435M

    The U.S. Justice Department announced Tuesday that Schering-Plough Corp. will pay $435 million to settle charges of Medicaid fraud and improper marketing of drugs.

  • August 24, 2006

    Attorneys, Auditors Likely Targets In Options Suits

    As the options backdating scandal continues to widen, regulators and shareholders may soon set their sights on a new target: the attorneys and auditors consulted in the development and execution of executive stock options plans.

  • August 24, 2006

    Dow Ex-Worker Nabbed For Alleged Trade Secret Theft

    After months of escaping the law, a former employee of agrochemical giant Dow Chemical Co. has been arrested in Seattle on charges that he stole company trade secrets in order to market them to Chinese businesses.

  • August 23, 2006

    Former Enron Prosecutor To Lead Qwest CEO Case

    One of four attorneys on the legal team prosecuting former Enron Corp. executives has been named lead prosecutor in the insider-trading case against Joseph Nacchio, the former chief executive officer of Qwest Communications International Inc.

  • August 22, 2006

    Charges Dropped As Quattrone Dodges Third Trial

    Former technology banking star Frank Quattrone proved himself bullet-proof on Tuesday when a U.S. federal court judge approved a settlement that would not only let him avoid a third trial on obstruction-of-justice charges, but also possibly usher him back into a career on Wall Street.

  • August 22, 2006

    Eight Charged In $70M Black-Market Drug Scam

    Eight individuals and six companies are facing charges stemming from their alleged roles in a $70 million dollar black-market prescription drug ring.

  • August 18, 2006

    U.S. Brings Fresh Charges Against Lord Black

    A grand jury has added new charges to the stack of allegations against embattled media mogul Conrad Black and three co-defendants, claiming their fraudulent scheme led Hollinger International Inc. to file inaccurate income tax returns.

  • August 18, 2006

    Hedge Fund Advisor Faces Mail, Wire Fraud Charges

    A Massachusetts hedge fund advisor is facing 13 counts of mail and wire fraud after prosecutors alleged he lied to investors about the fund’s investment strategy and then falsified documents to cover up his fabrications.

  • August 17, 2006

    Lay’s Estate And DOJ Prepare For Battle

    The estate of Ken Lay asked a judge Wednesday to clear the late Enron founder’s name, but government prosecutors said they would not give up the fight for $43.5 million in allegedly ill-gotten gains.

  • August 17, 2006

    SEC Expands General Re Probe

    Regulators are taking a closer look at transactions between the reinsurance arm of Berkshire Hathaway Inc. and two other reinsurance providers, as part of an ongoing probe into allegations of improper reinsurance accounting.

  • August 17, 2006

    Boiler Room Scam Lands Broker In Jail

    The U.S. Securities and Exchange Commission announced Thursday that a Florida broker-dealer has been sentenced to 57 months in prison and ordered to pay $2.6 million in criminal restitution for his role in a “boiler room” operation.

  • August 16, 2006

    Former Broker Dealer Handed 9 Year Sentence

    Six months after being convicted of securities fraud and commercial bribery, the former owner of defunct broker-dealer Lloyd Wade Securities Inc. was sentenced to nine years in prison on Tuesday for participating in a scheme that ultimately drained investors in an online gaming company of more than $12 million.