Month: May 2007

Last week another of the huge Enron era financial fraud cases moved closer to conclusion. The Second Circuit Court of Appeals affirmed the convictions of Timothy and John Rigas for what the court called “looting” the one time cable giant …

In Securities Fraud Case, Government Not Required to Prove Non-Compliance with GAAP Read More »

Corporate directors and officers may want to consider carefully reviewing mechanisms to protect them from liability in securities class actions and related derivative actions. The good news for directors and officers about these cases has been widely reported in the …

Trends in Securities Class and Derivative Actions Suggest Proactive Steps for Directors & Officers Read More »