Posts Tagged “Suing”
by The Compliance Exchange on January 16, 2013
A former compliance officer for Siemens AG (SIEGn.DE) in China sued the company on Tuesday, accusing it of firing him after he tried to expose a kickback scheme involving medical equipment sales to hospitals there.
by The Compliance Exchange on November 6, 2012
Former customers of MF Global Holdings Ltd’s broker-dealer have added accounting firm PricewaterhouseCoopers LLP as a defendant in a lawsuit stemming from the collapse of the brokerage.
by The Compliance Exchange on October 26, 2012
L. Dennis Kozlowski, the former Tyco International Ltd. (TYC) chief executive officer convicted in 2005 of looting the company, sued New York’s parole board for refusing to release him.
by The Compliance Exchange on October 25, 2012
Securities regulators on Thursday charged a former director of store operations for clothing retailer J.Crew Group Inc with trading on non-public information ahead of the company’searnings announcements in 2009.
by Beth Connolly on October 17, 2012
The Securities and Exchange Commission accused an investment adviser that once managed more than $1 billion of allegedly inflating the values of its funds in order to garner higher fees and attract more investors during turbulent market conditions following the U.S. financial crisis
by The Compliance Exchange on September 10, 2012
Porn producer Joe Francis should be forced to pay Steve Wynn more than $12 million for claiming that the casino mogul threatened to kill him and bury him in the desert, Wynn’s attorney told a jury Friday. Barry Langberg suggested (…)
by The Compliance Exchange on August 29, 2012
The SEC has charged Georgia accountant Thomas D. Melvin, Jr. and seven others for allegedly profiting from nonpublic information Melvin collected from a client, who sits on the board of directors of Chattem Inc.
by The Compliance Exchange on July 30, 2012
The Berkshire Bank, a New York lender with 11 branches, sued 21 banks including Bank of America Corp., Barclays Plc (BARC) and Citigroup Inc. (C) for damages over the alleged manipulation of the London interbank offered rate.
by The Compliance Exchange on July 17, 2012
A former brokerage client has sued JPMorgan Chase & Co for allegedly steering him and other investors to overpriced