Accounting-related Securities Class Actions Climb 47%
Class-action lawsuits involving restatements of financials also reached a seven-year high in 2014, according to Cornerstone Research.
Calculating the Colossal Cost of a Data Breach
Some targets have spent tens of millions just to notify customers and provide identity-theft monitoring.
BNY Mellon Settles Forex Pricing Allegations
The custody bank agrees to pay $714 million for overcharging pension funds and other customers on foreign exchange trades.
How Inaccurate Sales Tax Calculations Spur Class Actions
Thanks to a combination of increased consumer awareness and a constantly changing set of tax codes, the risk of getting sales tax wrong has risen.
Ex-Longtop CFO Blamed for ‘Foundation of Lies’
An investor lawsuit accuses a CFO of ignoring signs of fraud when he signed off on financial results, but the CFO says he believed they were accurate.