Month: July 2006

Measuring Cooperation: Give the Government What it Needs, Not What it Wants

A second opinion in U.S. v. Stein, S1 05 Crim. 0888 (LAK) (S.D.N.Y. July 25, 2006) (“Stein II”), again concludes that the government’s actions in seeking the cooperation of KPMG with its investigation of the firm’s tax shelter practices violates

First options cases brought

The SEC and the U.S. Attorney for the Northern District of California held a joint news conference today to announce the filing of the first enforcement actions based on the back dating of stock options. Following a year long investigation,