Month: October 2006

Yesterday’s enforcement action against now bankrupt auto parts giant Delphi brings together two of the SEC’s key enforcement policy statements, the Seaboard Release on cooperation and the January 2005 statement on Corporate Penalties. The partially settled enforcement action was brought against Delphi …

Delphi Settlement — Cooperation without a Waiver? Read More »

The casualties among corporate executives keep mounting in the ever-expanding options scandal.  Yesterday the government got its first guilty plea when David Kreinberg, former CFO of Comverse Technology, plead guilty to securities fraud charges.  Specifically, Mr. Kreinberg waived indictment and …

First Guilty Plea and SEC Settlement in Options Case Read More »