SEC drops accounting probe targeting ex-Shell chairman
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HOUSTON -- The Securities and Exchange Commission has decided to take no action against the former Royal Dutch Shell PLC chief executive over the 2004 oil reserves overbooking scandal, his lawyer said yesterday.
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Officials dropped charges Monday against the senior investigator whose corruption probe led to the suspension of South Africa's national police chief and escalated tensions between prosecutors and police.
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The U.S. Justice Department will defer  prosecution of Computer Associates International Inc. CA.N in  its long-running probe of accounting fraud at the software  maker, a source close to the company said on Wednesday.
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NEW YORK -- BlackBerry maker Research In Motion Ltd.'s co-chief executive will give up the chairman's post after an internal probe identified a quarter-billion dollars in improper accounting for employee stock options at the mobile device company.
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The Zale Corporation, the big jewelry retailer, said yesterday that the Securities and Exchange Commission had concluded an investigation of the companyÂs accounting practices and other matters and was not recommending that any enforcement action be taken.
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The former CEO of Computer Associates pleaded not guilty to federal securities fraud and other charges yesterday in a multibillion-dollar accounting scandal at the business software maker.
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The world&#39;s largest media company set aside a $500 million reserve in anticipation of settling government investigations into its bookkeeping.
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The Securities and Exchange Commission has rejected a staff recommendation to bring civil charges against former Global Crossing Ltd.
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The Securities and Exchange Commission has ended its investigation into stock option award practices at the Apollo Group, an education company, the company said.
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The United States attorney in Manhattan said yesterday that he would not prosecute five former trading specialists at the New York Stock Exchange who faced criminal charges for making illegal trades, leaving just one case outstanding from the 15 men originally charged.
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Computer Associates International shareholders on Wednesday struck down a proposal to recoup money paid out to executives during a long-running accounting scandal.
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A former Fannie Mae (FNM.N: Quote, Profile, Research) employee who gave US officials information about what he saw as accounting irregularities will not testify as
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A federal judge yesterday quashed former Fannie Mae chairman Franklin D. Raines's effort to subpoena records from the White House for use in his defense against an investor lawsuit accusing him and the company of securities fraud.
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New York Attorney-General Eliot Spitzer has been conducting a probe of the insurance industry but now says he will not bring criminal charges against the world&#39;s biggest insurance broker, Marsh &amp; McLennan.
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The SEC isn't investigating Jobs--at least this time around--but they will depose him in their lawsuit against former Apple general counsel Nancy Heinen, according to Bloomberg.
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The Justice Department has decided to drop its legal efforts to block Oracle from moving ahead with its 15-month-old hostile takeover bid for rival PeopleSoft.
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An investigation of IBM by the Securities and Exchange Commission ended yesterday without penalty, though the government found that the company misled analysts about employee stock option expenses in 2005.