Month: July 2007

The decision in U.S. v. Stein, S 1 05 Crim. 0888 (LAK) (S.D.N.Y.), this week dismissing the indictment against a number of the defendants in the KPMG tax shelter case only serves to underscore the need for Department of Justice …

End The Cooperation Credit Loop Hole Read More »

Last week, the SEC brought its latest case in the seemingly never-ending stock option backdating scandal.  In SEC v. Shanahan, Case No. 4:07-cv-1262 (E.D. Mo. July 12, 2007), the agency charged the founder and former Chairman and CEO of Engineering …

Evolving Standards of Prosecution in the Options Backdating Scandal Read More »