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U.S. academics back BP in oil spill payouts battle
Reuters* Claims, payout rate may point to charge against profit * Accountancy professors represented by top lawyer * Appeal hearing set for July 8 By Andrew Callus LONDON, May 23 (Reuters) - A group of U.S. accountancy professors is backing BP's fight to...Tags: BP Plc, Mexico, Lawyers, Elections, Crime, Law and Justice
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U.S. auditor watchdog finds fault with Ernst & Young
ReutersBy Nanette Byrnes May 23 (Reuters) - The U.S. regulator of corporate auditors said on Thursday that the U.S. arm of global accounting firm Ernst & Young failed to fix quality control problems found in earlier reviews. The report from the Public Company...Tags: Deloitte Touche Tohmatsu Ltd., Accounting and Auditing, Business Enterprises, PricewaterhouseCoopers, Ernst & Young
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U.S. SEC charges ex-LPL adviser with $2 mln civil fraud
ReutersBy Suzanne Barlyn May 23 (Reuters) - The top U.S. securities regulator on Thursday filed civil fraud charges against a former LPL Financial LLC adviser, charging he diverted some $2 million of client funds to use for personal expenses. The U.S....Tags: Securities, Finance, Georgia Bulldogs, Economy, Business and Finance
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SEC charges South Miami, Fla. with fraud over conduit deals
ReutersWASHINGTON, May 22 (Reuters) - The city of South Miami, Florida, defrauded investors by not disclosing problems with the tax-exempt status of two conduit bond deals that were used to finance a mixed-use retail and parking structure, the U.S. Securities...Tags: South Miami, Florida Gators, Miami (Miami-Dade, Florida)
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Phoenix Says Bondholders Consent To Delayed Financial Reports
The Hartford CourantThe Phoenix Cos. said Wednesday it won consent from bondholders, allowing the company to delay providing quarterly reports and a 2012 annual report to the bond trustee until the end of this year. Phoenix is restating financial statements for all of 2009,...Tags: Bonds, Finance, Economy, Business and Finance
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Lawyer convicted in multimillion-dollar stock fraud case
A Boca Raton lawyer was found guilty Monday for his role in a five-year, multimillion-dollar stock market manipulation and fraud scheme, according to acting Assistant U.S. Attorney General Mythili Raman. Attorney Mitchell J. Stein, 53, was convicted...Tags: Lawyers, Securities, Organized Crime, Prosecution, Justice System
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PRESS DIGEST - Wall Street Journal - May 23
ReutersMay 23 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Hundreds of JPMorgan Chase & Co employees have been redeployed to help the bank resolve...Tags: Automotive Equipment, Ford Motor Co., Ford, General Electric Company, Finance
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T. Rowe's new lineup of target-date funds lighten up on stocks
ReutersBOSTON, May 22 (Reuters) - U.S. money manager T. Rowe Price Group Inc on Wednesday said it plans to launch 11 new target-date funds that will put less emphasis on stocks before retirement and more on bonds. The Baltimore-based company filed a preliminary...Tags: Finance, Economy, Business and Finance, T. Rowe Price
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Pointing to threat, pulling in profit
Tribune Washington BureauWASHINGTON -- Over the last decade, former Navy Secretary Richard J. Danzig, a prominent lawyer, presidential advisor and biowarfare consultant to the Pentagon and the Department of Homeland Security, has urged the government to counter what he called a...Tags: National Government, Finance, Science and Technology, National Security, Terrorism
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'Investment calculator' offers UK investors transparency on fees
ReutersLONDON (Reuters) - A new tool launched on Wednesday promises British investors a way to cut through what its authors call the "smoke and mirrors" used by investment firms to charge hidden fees and get a more realistic valuation of their investments....Tags: New Products, Morningstar Incorporated, United Kingdom, Finance, Investments
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Prosecutors consider using racketeering law against SAC: source
ReutersNEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Prosecutors may use the...Tags: Labor Legislation, Mutual Funds, Finance, Criminals, Economy, Business and Finance
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Voters oust mayor of Harrisburg, Pennsylvania in primary
Reuters(Reuters) - The embattled mayor of Pennsylvania's financially crippled capital of Harrisburg was ousted on Tuesday when she lost the Democratic primary to the owner of an independent bookstore. Mayor Linda Thompson's loss to Eric Papenfuse comes after...Tags: Politics, Bankruptcy, Harrisburg (Dauphin, Pennsylvania), Finance, Primaries
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Hartford Courant
May 21, 2013
|Story| South Florida Sun-Sentinel
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 19, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
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