Month: January 2006

SEC Dismisses Financial Fraud Charges After Years of Investigation and Litigation

In Litigation Release No.19504, December 20, 2005 ( the SEC announced that it was voluntarily dismissing with prejudice all claims against the former officers of TenFold Corporation that it had named along with the company in a fraud complaint. The

SEC Settlements/Cooperation: Who got fired?

SEC Settlements/Cooperation: Who got fired? A standard question these days when the SEC or DOJ investigates a claimed impropriety at a company is, “who got fired?” Demonstrating that those involved have been terminated is typically taken as an indication that