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Shareholders insist BP is on the hook for assurances about safety
Misleading and false statements made by BP PLC executives before the Deepwater Horizon oil spill were material to investors, not just a matter of corporate mismanagement, shareholders argued in court documents filed on June 6 in the securities multidistrict litigation against the company.Former SEC Lawyer Fights SEC Suit
Dallas lawyer Phillip Offill Jr. was named as a defendant in a civil complaint filed by the U.S. Securities and Exchange Commission on June 14 in the U.S. District Court for the Eastern District of Michigan. "I deny any role or involvement in any manner of promotional scheme, pump and dump or whatever. I was simply an attorney representing a client, and I intend to vigorously defend myself," the former SEC lawyer says.Commentary: Lessons to Learn From the Women Scorned
The news has been so sordid in recent months that the front page really should carry a parental warning label. From Tiger Woods' reported affairs and John Edwards' out-of-wedlock child to South Carolina Gov. Mark Sanford's "soul mate," there has been enough reported infidelity and human frailty to keep the tabloids busy for a lifetime. Titillating though the reports may be, these tales offer regular working women some lessons on how to comport ourselves during trying times.Tax Time: Attorneys Split on Impact of Legislature's Plan
A coalition of large firms, which opposed a proposed state tax the firms contend favors some taxpayers over others, found itself unsuccessful in the deal-making process in the Texas Legislature's current special session. H.B. 3, the business tax bill, won a final nod from state lawmakers the first week of May.Trending Stories
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Criminal Division's Evaluation of Corporate Compliance Programs: September 2024 Updates Review
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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