May 14, 2014 | The American Lawyer
Citi Fires 11 More Amid Banamex InquiryCitigroup has now fired a total of 12 employees tied to the alleged accounting fraud at its Mexican subsidiary, Banamex.
By Hilary Johnson
2 minute read
May 13, 2014 | The American Lawyer
Insider Trading Counts for Qualcomm Trio in Atheros BuyThe U.S. Securities and Exchange Commission on Monday charged three former Qualcomm sales managers with insider trading.
By Hilary Johnson
2 minute read
May 13, 2014 | The American Lawyer
Hedge Funds Getting Fat Reaping Returns on Lehman LoansSix years after seeking Chapter 11 protection, Lehman Brothers may still be the largest U.S. bankruptcy ever. That hasn't stopped hedge funds from reaping outsize returns amid the resulting fallout, Bloomberg reported Tuesday.
By Hilary Johnson
2 minute read
May 13, 2014 | The American Lawyer
Report: Gadflies Get Enviable Access at Annual MeetingsSo-called gadfly shareholders sometimes gain the kind of access to corporate executives that "Wall Street analysts would envy," according to one report.
By Hilary Johnson
2 minute read
May 12, 2014 | The American Lawyer
SEC Disclosure Push Could Boost Sustainability EffortsA U.S. Securities and Exchange Commission initiative aimed at updating corporate disclosure requirements is attracting strong interest proponents of better reporting on sustainability initiatives.
By Hilary Johnson
3 minute read
May 12, 2014 | The American Lawyer
Hedge Fund Booster Labels Buffett a DinosaurAs far as SkyBridge Capital founder Anthony Scaramucci is concerned, hedge fund activists are the white knights of investing and the so-called Oracle of Omaha is simply out with the way Wall Street works now.
By Hilary Johnson
2 minute read
May 12, 2014 | The American Lawyer
U.K. Shareholders Oppose Two Executive Pay PlansBritish investors expressed their displeasure with executive compensation plans offered at the annual meetings of two publicly traded U.K. companies last week, governance research firm GMI Ratings said in a note published on Monday.
By Hilary Johnson
2 minute read
May 09, 2014 | The American Lawyer
Facing Prison, Kerviel Takes Long Walk in ItalyConvicted Societe Generale trader Jérôme Kerviel is delaying the start of his three-year prison sentence with an Italian sojourn-cum-pilgrimage.
By Hilary Johnson
3 minute read
May 09, 2014 | The American Lawyer
Goldman Discloses Scrutiny of High-Frequency TradingIn a quarterly filing made Friday, Goldman Sachs disclosed that it is being investigated by an unidentified agency in connection with its use of high-frequency trading.
By Hilary Johnson
2 minute read
May 09, 2014 | The American Lawyer
Pfizer's AstraZeneca Play Keep Wags' Tongues WaggingPfizer's proposed acquisition of British drugmaker AstraZeneca is eliciting strong opinions across the media landscape.
By Hilary Johnson
3 minute read
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