Labels: bribery, investigation, Johannes Feldmayer, Karl-Hermann Baumann, Siemens

Labels: indictment, Melvyn Weiss, Milberg, Milberg Weiss, securities, Tellabs

Labels: baby, Housekeeping

Labels: Conrad W. Hewit, SEC, SOX

Labels: art theft, Newsweek

Labels: accounting fraud, Beazer Homes USA, FBI

Labels: AUB, bribery, Johannes Feldmayer, Siemens

Labels: class action, Milberg Weiss, Milburg, securities, Theodore Bechtold

Labels: backdating, Engineered Support Systems, Gary Gerhardt, Steven Landmann, stock options

Labels: accounting fraud, Collins and Aikman, David Stockman, SEC, securities

Labels: Apple, backdating, Steve Jobs, stock options

"...former Ferris broker Stephen Glantz made improper trades with fund money, court documents show. IPOF Fund principal David Dadante is facing criminal charges in Ohio and a civil lawsuit by the SEC, court documents show.

"Ferris general counsel Ted Urban and director of institutional sales Horace Usry were also on leaves of absence while Ferris investigates the trading matter. Urban retired March 1, and Usry resigned in late February."

Labels: Ferris Baker Watts, IPOF, Patrick Vaughn

Labels: Housekeeping

"USANA believes Mr. Minkow's statements are part of a coordinated public relations program financed by a paying client and from which Mr. Minkow will profit personally. According to reporting in the March 15, 2007 edition of The Wall Street Journal, Mr. Minkow "...has bought 'put' options on USANA's shares in a bet the price will fall." Mr. Minkow admits that he has been paid to conduct his "investigation" against USANA. Further, he has engaged a public relations firm to propagate his false and misleading statements about USANA to the media

We disclosed to 4 law enforcement agencies in writing back in February when we submitted the report our put option positions and we also disclosed our put option positions to Usana directly as well as the Wall Street Journal. Meaning we made full disclosure up front.

We have never charged a victim of fraud a fee to uncover their case nor are we paid by the government. However, this case involved so much time and effort and lab reports and experts that we had to off set these expenses. But it means nothing if our information is wrong.

The Wall Street Journal does not print a thing if they do not first corroborate everything we write -- and they did for several weeks. I can short any company I want to and if they are legit, they will Bury me with reasoned answers. Usana cannot, so they attack the person and ignore the arguments.

Labels: Barry Minkow, homeland security, investigation, supplement industry, Usama Health Sciences

Labels: investment scam, pension, PIOnline, resources

Labels: Aberdeen Asset Management, Real Estate Opportunities, split trust

Labels: Chiquita, SEC, terrorism

Labels: blowback, Churchill Financial, interviewing

Labels: a1peoplesearch.com, Candit Private Investigator, Patrick Baird

Labels: GLG, Jabre Capital Partners, Mark Cecil, Philippe Jabre

Labels: corporate governance, Georgetown, The Conglomerate

An OECD working group said that previous recommendations to correct shortcomings in British law remained unimplemented, and it said that an OECD team would be sent within one year to take another look at Britain's anti-bribery efforts.

"Is there somewhere a systemic problem?" said Mark Pieth, who heads the OECD group and is also a professor of criminal law at the University of Basel in Switzerland. "Is there something that is blocking them? We want to go and have a look."

Pieth noted that Britain had failed to bring a single prosecution in foreign bribery cases since introducing a new law in 2001, despite a number of investigations. Pieth added that the continuation of the process gave Britain a chance to show that it was serious about stamping out corruption.

Labels: BAE, OECD, Rosemary Ekosso

One of the indicted partners, Steven Schulman, signed the amended complaint in the Organogeneis case, though the firm contended that he was no longer litigating it, an assertion that U.S. District Court Judge Joseph Tauro found "disturbing." Tauro also noted Milberg Weiss' "repeated failure" to oversee the class certification process.

Tauro noted that the firm and its partners were entitled to a presumption of innoncence, and that the firm "has a respectable record and reputation for litigating securities class actions." But he also wrote, "The court cannot ignore the fact that by virtue of the indictment, Milberg Weiss is a different firm than it once was... The indictment alone is not enough to cancel out the firm's respected history, but it is enough to make this court look carefully at lead counsel's adequacy in this case."

The judge also concluded that one of the named plaintiffs did not have standing because he did not suffer harm, and the other plaintiff couldn't serve as a suitable representative for the class because of the timing of his stock ownership.

Labels: Melvyn Weiss, Milberg, Milberg Weiss, Organogenesis

Labels: Andreas Kley, BenQ, bribery, Horst Vigener, Siemens

Labels: Alexander Ljungqvist, Christopher Malloy, Felicia Marston, IBES, Thomson Financial

Labels: Bryan Wagner, HP, Kevin Hunsaker, Kona II, Patricia Dunn, pretexting, Ronald DeLia

Labels: insider trading, Joe Nacchio, Quest, Race to the Bottom

...has run Cuban rum between East and West Berlin, smuggled jewels from the Soviet Union and slipped through some of the world’s tightest borders. From Uzbekistan to Romania, she's been followed, held at gunpoint and interrogated. Foreign governments and others have pitched her for recruitment as a spy...

Labels: geopolitics, national security, RJ Hillhouse

• Only one in five federal agencies (21 percent) posts on the Web all four categories of records that the law specifically requires

• Only one in 16 agencies (6 percent) posts all ten elements of essential FOIA guidance

• Only 36 percent of agencies provide the required indexes of records

• Only 26 percent of agencies provide online forms for submitting FOIA requests

• Many agency Web links are missing or just wrong
  

Labels: FOIA, oversight

Labels: FBI, Fraud, International Outsourcing Solutions

Labels: accounting fraud, guilty, Peregrine Systems, Stephen Park Gardner

Labels: Harpers, HP, Kona II, pretexting, The Consumerist

Labels: accounting fraud, Douglas Beatty, Frank Dunn, homeland security, MaryAnne Pahapill, Michael Gollogly, Nortel, Ontario Securities Commission, securities

Labels: backdating, HP, Mercury Interative, pretexting, stock options

...is undertaking this putatively independent review because the Board of Directors, representing the Bank’s shareholder governments, mandated this step in 2006 as a result of complaints about improper activities by INT personnel.

Labels: Diligence LLC, Glen Ware, Paul Volker, World Bank

"The investigation began as routine probe of suspicious high-volume trading prior to the acquisition of Catellas Development," said Friestad. The probe led to Eric Franklin, a hedge fund manager for Q Capital Investment Partners, LP, a Delaware limited partnership with offices in Fort Lee, N.J. "We linked those trades to Mr. Franklin and obtained trading records for Q Capital, and Mr. Franklin's own records for his personal account, and noticed that what they had in common was Morgan Stanley as the investment banker. We also noticed that a lot of the trading preceded upgrades and downgrades issued by UBS [Union Bank of Switzerland] and then the whole scheme began to unravel."

Labels: Andover Brokerage, Assent LLC, Banc of America, Bear Stearns, Catellas Development, Chelsea Capital, insider trading, Jasper Capital, Morgan Stanley, Q Capital, SEC, UBS

Labels: Albert Hsu, Anchor Point Capital, assault, hedge fund, kidnapping, kinky

Labels: backdating, SEC, stock options, United Health Group

Labels: blogs, Race to the Bottom, securities, SOX

Labels: Bill Lerach, class action, Comverse, Kobi Alexander, securities

Labels: backdating, crackberry, RIM, stock options

Labels: John Thain, NYSE, SEC

Labels: corporate governance, corporate scandal, Simon Archer

• Mitchel Guttenberg, executive director at UBS.

• David Tavdy, proprietary trader at Andover Brokerage.

• Paul Risoli, broker at Banc of America.
  

• Erik R. Franklin, hedge fund manager at Bear Stearns.

• Randi Collotta, associate at Morgan Stanley's.

• Christopher Collotta, private practice attorney.

• Marc Jurman, representative at a Florida broker-dealer
  

• Ken Okada, Bear Stearns

• Robert Babcock, Bear Stearns

• Andrew Srebnik, Bear Stearns
  

• Mark Lenowitz, Chelsea Capital
  

• David Glass, Jasper Capital

• Laurence McKeever, Assent LLC

• Samuel Childs, Assent LLC
  

Labels: Andrew Srebnik, Christopher Collotta, David Glass, David Tavdy, Erik Franklin, Ken Okada, Lawrence McKeever, Mark Jurman, Mark Lenowitz, Mitchel Guttenberg, Paul Risoli, Robert Babcock, Samuel Childs

“At the level of an Enron or a WorldCom, I am pretty confident that the auditors would stumble across it in two or three years, but one would have no real confidence that they would come across it in year one unless they were incredibly lucky or the management made a mistake. The audit is simply not designed to deal with that.”

Labels: accounting fraud, Enron, PWC, regulation