The Securities and Exchange Commission accused a former employee of Deloitte Tax LLP and his wife with earning millions of dollars from insider trading.
The SEC said that Arnold McClellan and his wife Annabel leaked information about at least seven c…
The Securities and Exchange Commission accused a former employee of Deloitte Tax LLP and his wife with earning millions of dollars from insider trading.
The SEC said that Arnold McClellan and his wife Annabel leaked information about at least seven c…
The trustee representing investors cheated by Bernie Madoff sued Swiss bank UBS (UBS) for $2 billion.
The suit alleges that UBS collaborated with Madoff’s Ponzi scheme, The Associated Press reported. The suit alleges 23 counts of financial fraud and …
Jacob Alexander, co-founder of Comverse Technology Inc., (CMVT) agreed to pay $53.6 million to settle charges of backdating stock options and misleading investors.
The settlement consists of a $6 million penalty and the paying of $47.6 million that t…
Ralph Esmerian, the former owner of rare-jewelry seller Fred Leighton, was arrested Monday on charges on fraud and embezzlement. The New York district U.S. Attorney’s Office claims his illegal activities caused the company to f…