HP Settles Charges over Board Shakeup
Hewlett-Packard made misleading disclosures about the resignation of a director during the boardroom spying investigation, according to the SEC.
Ex-CFO Sues for Defamation
Quovadx often falsely charged that the former finance chiefs "had engaged in improper and/or fraudulent accounting practices," he alleges.
Ten Years for Mercury “Cookie Jar” CEO
John Brincat headed Mercury Finance, a subprime car-loan company whose 1997 restatement precipitated a $2 billion drop in the value of its stock and the company's eventual collapse.
Report: OTC Derivatives Up 40 Percent in 2006
By far the fastest-growing component last year was credit-default swaps.
Pillow Talk Gone Wild?
In the latest of a rash of insider-trading cases, the SEC has filed charges against a former Oracle vice president regarding misuse of information learned from his wife.
Judge Certifies Omnicom Class Action
Plaintiffs allege that some of the company's Internet investments suffered ''serious, non-temporary impairment'' but that the losses were not properly written down.
Can Bombay Co. Go On? PwC Has Doubts
The auditor's doubts stem from the retailer's recent dip in operating performance and its expected loss for fiscal 2007.
Dana Asks Out of Chap. 11 Lawsuit Shield
The bankrupt auto-parts maker hopes to strengthen its restructuring position by erasing a $70 million claim.
Insider Charges for Credit Suisse Banker
An investment banker in Credit Suisse's Global Energy Group allegedly netted more than $7 million from improper trading in advance of the TXU buyout and eight other transactions.
Armor Probe Followed by Firings
Improper payments alleged at a subsidiary of the body-armor supplier.