July 10, 2014 | The American Lawyer
Two Ex-Carter's Executives off to Prison for Insider TradingTwo former Carter's Inc. executives were sentenced to federal prison on Tuesday for insider trading involving the company's stock, the Federal Bureau of Investigation's Atlanta division reports.
By Jamille Sutton
2 minute read
July 10, 2014 | The American Lawyer
Utah Accounting Firm Accused of Improper AuditA Salt Lake City-based accounting firm failed to properly audit a Chinese poultry company accused of swindling its investors, the Securities and Exchange Commission said on Tuesday.
By Jamille Sutton
2 minute read
July 10, 2014 | The American Lawyer
Online Marketing Company Yodle to Go PublicOffering is expected to raise about $75 million, regulatory filings say.
By Jamille Sutton
2 minute read
July 10, 2014 | The American Lawyer
American Apparel Reaches Deal with Standard GeneralAfter several weeks of financial turmoil, American Apparel Inc. struck a deal with its largest investor, enabling the company to pay off its $10 million overdue loan to Lion Capital, Bloomberg News reports.
By Jamille Sutton
2 minute read
July 09, 2014 | The American Lawyer
Krysa Named SEC Regional Enforcement Chief in DenverThe regulatory agency promotes Thomas Krysa, formerly regional trial counsel, to head enforcement in seven Western states.
By Jamille Sutton
2 minute read
July 09, 2014 | The American Lawyer
Ex Portfolio Manager Sues Soros Fund for $20 MillionA former portfolio manager at Soros Fund Management has sued the hedge fund, claiming it owes him roughly $19.5 million after he was fired without explanation, Reuters reports.
By Jamille Sutton
2 minute read
July 09, 2014 | The American Lawyer
Former PwC Auditor Barred From Auditing Public CompaniesA former audit partner at PricewaterhouseCoopers was barred from auditing public companies after regulators accused him of mishandling the audit of medical device maker ArthroCare Corp.
By Jamille Sutton
2 minute read
July 09, 2014 | The American Lawyer
Standard General May Pay Off American Apparel LoanLion Capital had demanded repayment of the $10 million loan on July 4, citing Charney's removal.
By Jamille Sutton
1 minute read
July 08, 2014 | The American Lawyer
Judge Upholds Trader's Fraud ConvictionA former Jefferies managing director had asked the court to overturn his conviction for misleading customers about the price of mortgage-backed securities.
By Jamille Sutton
2 minute read
July 08, 2014 | The American Lawyer
SunTrust Settles Criminal Probe for $320 MillionSunTrust Banks Inc. has agreed to pay as much as $320 million as part of a settlement reached Thursday to resolve a criminal investigation into the company's delay in approving mortgage modification applications, according to The Wall Street Journal.
By Jamille Sutton
2 minute read