SAP Settles Foreign Bribery Investigation with $220 Million Agreement
German software giant SAP SE has agreed to pay over $220 million to resolve a foreign bribery investigation by US…
Securities and Exchange Commission
Pharma Bro Martin Shkreli and Lawyer Evan Greebel Post Bail
Summary: Martin Shkreli and his attorney Evan Greebel have been freed on million dollar bonds. Santa put Martin Shkreli on…
Lawyer Who Confessed to Ponzi Scheme in Suicide Note Pleads Guilty to Fraud
Summary: On Wednesday, former lawyer Charles Bennett pleaded guilty in Manhattan federal court to securities and wire fraud. For five years, he…
Uchimoto Discusses SEC Charges Against Him
Summary: William Uchimoto, who is facing civil charges from the Securities and Exchange Commission, has stated that he is “shocked”…
New SEC Rules Will Impact Clawback Policies
Summary: Companies must expand their clawback policies once new rules are enacted by the Securities and Exchange Commission. Although it…
Axiom Legal May Change the Banking Industry
Summary: Axiom Legal, which provides a multi-shore, technology-enabled management service for its clients, may change the face of the financial industry.…
SEC-Citigroup Settlement Deal Originally Rejected is Overturned by Appeals Court
A judge’s decision was overturned on Wednesday by a federal appeals court in the federal settlement deal with Citigroup, according…
WilmerHale Partner Stephanie Avakian Named as SEC Deputy Enforcement Director
The U.S. Securities and Exchange Commission (SEC) has announced the addition of Stephanie Avakian, partner in the New York office…
TelexFree Owners Charged with Fraud Related to Multilevel Marketing
On Friday, federal prosecutors brought criminal charges against the co-owners of TelexFree LLC, James Merrill and Carlos Wanzeler. Wanzeler could…
SEC Charges Five for Scheming to Make Chinese Companies Public in U.S.
A Toronto-based consultant and four associates were charged this week by the U.S. Securities and Exchange Commission with engaging in…
HP Making $108 Million Settlement to Avoid Bribery, Embezzlement, Tax Evasion Charges by SEC
To resolve civil and criminal charges over violations of the Foreign Corrupt Practices Act, Hewlett Packard will be paying…
Simpson Thacher Managing Clerk Charged in Insider Trading Scheme
The U.S. Securities and Exchange Commission has charged a stockbroker working at Morgan Stanley, and a law firm managing clerk…