The California Republican Party has changed a party rule which allows the party to endorse Governor Arnold Schwarzenegger 16 months before the 2006 gubernatorial primary. Schwarzenegger, who still has not decided whether he will seek...
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US District Judge Barbara Jones Monday suspended the fraud trial of former WorldCom chief Bernard Ebbers until Wednesday without explanation. The postponement comes just before the defense's cross-examination of the government's star witness, Scott Sullivan, the former finance chief...
Leading Monday's corporations and securities law news, insurance giant American International Group (AIG) announced it has received subpoenas from New York Attorney General Eliot Spitzer and the SEC "relating to investigations of nontraditional...
Leading Wednesday's corporations and securities law news, the SEC has announced that three Bank of America Corp. brokerage units have agreed to pay $375 million to settle market timing charges. The SEC charged the three units with...
Leading Tuesday's corporations and securities law news, the SEC has indicted television financial commentator and investment adviser Courtney Smith over his alleged role in a stock manipulation scheme. According to the SEC complaint, the head of GenesisIntermedia,...
UN Secretary-General Kofi Annan has formally suspended Benon Sevan , the head of the UN oil-for-food program , and Joseph Stephanides, a senior official who dealt with contracts. The suspensions come after an...
Israeli Prime Minister Ariel Sharon and Palestinian leader Mahmoud Abbas will sign a truce on Tuesday at a summit being held in Egypt, according to reports. The truce will end four years of...
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...
Leading Friday's corporations and securities law news, Washington state utility Snohomish Public Utility District has released audiotapes which reveal Enron's plan to take a power plant off-line in 2001 to create higher...
The Bush administration plan to curb class action lawsuits gained a victory today as the Senate Judiciary Committee left intact language that would send many class action lawsuits from state courts to federal courts. The committee approved...
