Corporations and securities brief ~ Justice Department probes NYSE specialists
Leading Monday's corporations and securities law news, the Justice Department is investigating as many as 20 individual specialists on the floor of the New York Stock Exchange (NYSE) over allegations of using illegal trading practices...
Corporations and securities brief ~ Former Healthsouth president indicted
Leading Thursday's corporations and securities law news, prosecutors have announced that former HealthSouth Corp. president and director James P. Bennett has been indicted on charges of fraud, conspiracy, insider trading, money laundering and lying to the FBI...
Corporations & securities brief ~ FERC to ask Enron to return money made during energy crisis
Leading Tuesday's corporations and securities law news, the Federal Energy Regulatory Commission (FERC) , who have been examining the trading schemes Enron employed on Western power consumers, contend that the energy giant should...
Corporations & securities brief ~ SEC begins formal probe into Merck's handling of Vioxx
Leading Friday's corporations and securities law news, Merck & Co. announced the SEC has started a formal probe into the company's handling of Vioxx . Merck had pulled the painkiller from...
DOJ investigates antitrust implications of newspaper mergers
Gannett Company , the nation's largest newspaper publisher, and the New York Times Company , are under investigation by federal antitrust enforcers regarding their plans to acquire rival papers, according to a report Monday by the...
International brief ~ US lawmakers to push for Sudan sanctions
In Monday's international brief, US lawmakers from the House International Relations Subcommittee on Africa who met with Sudanese government officials and displaced Sudanese refugees in Chad over the weekend are expected to announce that they will urge...
Corporations & securities brief ~ Krispy Kreme hires former Enron restructuring expert
Leading Tuesday's corporations and securities law news, Krispy Kreme Doughnuts Inc. announced the company will replace its chairman and chief executive with Stephen Cooper, a restructuring expert who most recently conducted Enron's turnaround. The company's...
Corporations & securities brief ~ Ex-CBS columnist settles fraud charges with SEC
In Tuesday's corporations and securities law news, Thom Calandra, former chief commentator for CBS MarketWatch , will pay at least $540,000 in penalties to settle fraud charges with the SEC . The charges stem from allegations Calandra...
Corporations & securities brief ~ Southwest Securities settles market timing charges
In Monday's corporations and securities law news, the SEC has announced that Southwest Securities Inc., a subsidiary of SWS Group Inc., will pay $10 million to settle charges of market timing of mutual fund shares. Southwest will pay back...
Oracle Corporation announced Monday that it has signed a $10.3 billion dollar merger deal with PeopleSoft, ending an 18-month hostile takeover bid plagued with legal challenges. Read the Oracle press release on the merger here. Previously in JURIST's Paper...
