November 18, 2011 | Inside Counsel
China cracks down on fake sex-pill makersChinese counterfeiters are scurrying for cover as the government criminalized the manufacture of fake medicines earlier this year. Police have busted more than 1,400 illegal drug dens and locked up eight sex-pill makers in the past month in an effort to deflate an estimated $3 billion worth of pseudo drugs.
By Alex Vorro
3 minute read
November 17, 2011 | Inside Counsel
“Where the bribes are”Ever wonder what types of dirty dealings were going on in Turkmenistan in 2002? What about finding more information about the longest Foreign Corrupt Practices Act sentence ever handed down earlier this year to Joel Esquenazi for bribing officials in Haiti?
By Alex Vorro
3 minute read
November 16, 2011 | Inside Counsel
Supreme Court requested to televise health care caseMove over, Judge Judy. The Supreme Court, well-versed in hearing pleas, entertained a different type of request yesterday as it was petitioned to allow its first-ever live television broadcast.
By Alex Vorro
3 minute read
November 15, 2011 | Inside Counsel
DOJ releases its top 10 challenges in 2011The Department of Justice last week issued its list of top management and performance challenges for 2011. Compiled by the Office of the Inspector General, the annual list is required to be included in the DOJs annual Performance and Accountability Report.
By Alex Vorro
2 minute read
November 14, 2011 | Inside Counsel
Alleged sexual assault victims considering lawsuit against Penn StateAs the dust begins to settle on the tumultuous and disturbing events that came to light in the past week in State College, Pa., news outlets today are reporting that the alleged sexual assault victims of former Pennsylvania State University defensive coordinator Jerry Sandusky are preparing to file civil lawsuits...
By Alex Vorro
5 minute read
November 11, 2011 | Inside Counsel
UBS charged by SEC, pays $8 millionOne would think theres a giant, bronze statue of Eliot Ness standing in the middle of the Enforcement Division of the Securities and Exchange Commission with their dogged pursuit of wrongdoers these days.
By Alex Vorro
3 minute read
November 10, 2011 | Inside Counsel
No end in sight for Boeing labor suitSometimes no news is just no news. Such is the case with Boeing Co., which has been embroiled in an extremely public battle all year with the National Labor Relations Board.
By Alex Vorro
5 minute read
November 10, 2011 | Inside Counsel
SEC filed record number of cases in 2011In the immortal words of Christopher Wallace, What you gonna do when Big Poppa comes for you? American companies may want to ponder this pontification, and remain vigilant in their compliance efforts, as the Securities and Exchange Commission (SEC) filed a record number of cases in the fiscal year that...
By Alex Vorro
2 minute read
November 09, 2011 | Inside Counsel
Judge orders Rajaratnam to pay $92.8 millionIt appears Mr. Rajaratnam isnt yet done receiving the bad news. U.S. District Judge Jed Rakoff yesterday ordered the vilified inside trader to pay a record $92,805,705 penalty in a related SEC civil case. (Cue the canned cash register audio clips.)
By Alex Vorro
4 minute read
November 08, 2011 | Inside Counsel
Graphic cigarette warning labels blockedScore one for Big Tobacco. U.S. District Judge Richard Leon Monday blocked the Federal Drug Administrations (FDA) mandate that tobacco companies include graphic images on their cigarette packages persuading customers to quit smoking.
By Alex Vorro
2 minute read