Japan ex-Internet icon Horie pleads not guilty
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Takafumi Horie, the former CEO of  Internet firm Livedoor Co. who came to symbolize a freewheeling  capitalism at odds with Japan's cozy corporate norms, pleaded  not guilty on Monday to charges of breaking securities law.
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The former right-hand man of Japan's disgraced Internet mogul Takefumi Horie has testified against the Livedoor founder, accusing him of falsifying financial figures.
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Two men accused of aiding a Romanian man charged with hacking into the online ordering system of the world's largest computer equipment distributor pleaded not guilty Monday to charges of mail fraud and ...
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A former US space agency worker pleads not guilty to charges he faked reports of space shuttle safety checks.
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TOKYO -- Former Internet mogul Takafumi Horie asserted his innocence Monday at his trial's opening, challenging the Japanese court system with the same cockiness with which he shook the nation's staid corporate culture during his rise to fame.
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Livedoor boss denies securities law breach The unconventional internet businessman at the centre of a Japanese corporate scandal has pleaded not guilty to the charges against him by prosecutors.â¦
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Former Computer Associates chief executive Sanjay Kumar pleaded not guilty on Thursday in the US to charges that he helped inflate his firm&#39;s financial results and subsequently tried to conceal that fact from investigators.
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Japanese prosecutors have decided not to press charges against four military instructors investigated over the leak of sensitive defense data in violation of a security pact with the United States, officials said Friday.
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(InfoWorld) - The trial of Takafumi Horie, founder and former chief of Japanese Internet portal Livedoor Co., began Monday morning with Horie pleading not guilty to violations of Japan's securities law. "I have not carried out, or instructed, such crimes as were mentioned," Horie said as the trial began. "It's regrettable that I've been indicted." Horie was arrestedÂ on Jan. 23, a week after a high-profile raid on Livedoor's offices by public prosecutors. The charismatic executive was well known in Japan for his unconventional business ways, his casual dress and the aggressive mergers and acquisitions strategy that Livedoor pursued. In the Tokyo District Court's room 104 Monday, he sat listening attentively as the charges against him were read out. Wearing a dark suit, white shirt and blue tie, Horie occasionally flicked through documents in front of him or drank from a plastic bottle of green tea as the trial progressed. Prosecutors allegeÂ in part that Horie instructed former Chief Financial Officer Ryoji Miyauchi and former Director Fumito Kumagai to increase Livedoor's profit forecast for the second quarter of its 2004 financial year from Â¥3 billion ($25.6 million) to Â¥5 billion. "Miyauchi then replied, 'It's dangerous. I think we had better not.' But the defendant said, 'That's okay. We have to be positive. It's cool to have a five-billion-yen figure'," the indictment alleges. Part of the case will also center on whether Livedoor established dummy investment partnerships with which to sell Livedoor stock for profit. Horie's lawyers denied that their client had anything to do with the alleged crimes. "Prosecutors charge that Livedoor is involved in a serious crime, but most of the charges concern Livedoor Marketing and Livedoor Finance," the lead defense lawyer told the court. "They are nothing to do with Livedoor the parent company. Prosecutors' charges are based on their imagination." Horie's arrival at the court was his first public appearance since late April whenÂ he was releasedÂ from the Tokyo Detention House on bail of Â¥300 million ($2.6 million. The case is attracting significant public attention. All of Japan's major TV networks carried breathless live reports and special programming as the court case began. Around 2,000 people queued in front of the court in the morning hoping to get one of 61 seats open to the general public, local media said. The case is scheduled to last until at least Nov. 28. (Additional reporting by pool reporters.) Â
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Sanjay Kumar, former chief executive of software maker Computer Associates International Inc., pleaded not guilty to orchestrating a massive accounting fraud scheme aimed at helping the company meet Wall Street targets, according to news reports.
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Takafumi Horie, the former chief executive of the internet firm Live-door, pleaded not guilty Tokyo yesterday to conspiring to boost its share price by falsifying accounts. Mr Horie, 33, said: "I have not carried out, or instructed, such crimes as were mentioned.
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American rapper Ja Rule will plead not guilty to assault charges laid by Toronto police, his lawyer said Monday.
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LOS ANGELES - Legendary music producer Phil Spector pleaded not guilty yesterday to murdering a B-movie queen â-hen blasted prosecutors for being unjust and demanded the same treatment as Kobe Bryant.
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Sanjay Kumar, former CEO of New York-based software giant Computer Associates, has pleaded not guilty to charges of defrauding investors by fudging records.
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Former NHL player Rick Tocchet pleaded guilty Friday to running a sports gambling ring, but might not have to serve any jail time.
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A company facing criminal charges from a fatal collapse in Boston's "Big Dig" tunnel system last year pleaded not guilty on Wednesday to involuntary manslaughter, setting the stage for a high-profile trial.
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A key prosecution witness testified Friday that a fallen Japanese Internet kingpin, facing trial on charges of securities law violations, knew about dubious dealings from meeting discussions and e-mail reports.