Black verdict closes chapter in fraud crackdown
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Fallen newspaper tycoon Conrad Black's conviction on Friday on fraud and obstruction of justice charges was the latest chapter in a five-year-old U.S. crackdown on corporate wrongdoing that started off strong but has suffered some embarrassing setbacks.
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An Alexandria jury today acquitted two former America Online Inc. executives of conspiracy and securities fraud, bringing a decisive conclusion to a government probe that fell far short of its mark.
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Directors who oversaw Conrad Black's former publishing empire approved everything that was put in front of them including the millions of dollars prosecutors claim was stolen, a lawyer for one of the former media baron's co-defendants told jurors on Tuesday.
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A six-month lull in corporate fraud trials ends soon. Ex-Tyco, WorldCom, HealthSouth execs on deck. By Krysten Crawford, CNN/Money staff writer.
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The Chicago court judge presiding over the fraud trial of Conrad Black hands the case to the jury.
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CHICAGO - A US federal court judge has thrown out Hollinger International&#39;s $1.25 billion US lawsuit against Conrad Black and other former executives of the company.
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The Supreme Court today curbed the ability of investors who lost money through corporate fraud to sue businesses that may have helped facilitate the crime.
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Press tycoon Conrad M. Black and other top Hollinger International Inc. officials pocketed more than $400 million in company money over seven years and Black's handpicked board of directors passively approved many of the transactions, a company investigation concluded.
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Media tycoon Conrad Black is convicted on charges of fraud and obstructing justice but is cleared of racketeering.
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A judge on Friday threw out a racketeering murder conviction against two detectives accused of moonlighting as hitmen for the mob, saying the statute of limitations had expired on the slayings.
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A US federal court threw out a 1.25 billion-dollar racketeering suit against British media mogul Conrad Black and other former directors of Hollinger International.
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CHICAGO -- Conrad Black's prosecutors won a ruling that makes it easier to convict the former chairman of Hollinger International Inc. and his codefendants of fraud.
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CHICAGO, July 10 -- The jury in the racketeering and fraud trial of fallen media tycoon Conrad M. Black told the judge Tuesday that it was unable to reach a verdict. Jurors were called back into the courtroom and told to continue their deliberations.
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A federal judge on Friday dismissed a lawsuit by newspaper publisher Hollinger International Inc. seeking $1.25 billion from ex-CEO Conrad Black and other former company executives, but left the door open for key charges to be refiled.
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The U.S. governmentÂs move to criminalize the processing of online wagers led to a Black Mondy for the online-gambling industry.
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The U.S. jury in the criminal fraud  trial against former media mogul Conrad Black and three  co-defendants told the judge on Tuesday it is deadlocked in  trying to reach a unanimous decision.
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Deposed media tycoon Conrad Black stole millions from shareholders because he thought he &quot;deserved&quot; the money, a prosecutor said Monday in closing arguments at a Chicago fraud trial.