Judge Orders Trial for Ex-Kmart Officers
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The executives will stand trial on accusations they misled investors about KmartÂs financial problems before its 2002 bankruptcy filing.
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Federal regulators yesterday filed civil fraud charges against three former Kmart Corp. executives and five current and former managers of big vendor companies, saying they engineered a $24 million accounting fraud by the retailing giant in 2000-2001.
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The defendants include former and current employees at major Wall Street firms such as Morgan Stanley and Oppenheimer.
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Three former Kmart executives and  representatives of several major vendors were charged on  Thursday with fraudulently accounting for $24 million of profit  before the retailer filed for bankruptcy in 2002.
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PHILADELPHIA, Miss  - A suspected Ku Klux Klansman  will go on trial in Mississippi in March for the infamous 1964  murders of three civil rights workers, a judge said on  Wednesday.
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A judge on Wednesday ordered a woman accused of stalking actress Catherine Zeta-Jones to stand trial.
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A U.S. judge has ordered the General  Re Corp reinsurance unit of Warren Buffett's Berkshire Hathaway  Inc (BRKa.N) to produce internal investigation records in a  criminal trial of its former chief executive next month.
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The Amsterdam commercial court ordered a formal investigation on Thursday into past management practices of Dutch retailer Ahold from January 1998 to December 2003.
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Some employees who stand to lose their jobs when Kmart Holding Corp. sells off stores to Home Depot and Sears may get some help when new store owners take over, company spokesmen said Monday.
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Less than 18 months after emerging from bankruptcy protection, Kmart announced yesterday that it was replacing its president and chief executive with an outsider whose background is in the fast-food restaurant business.
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SANTIAGO  - A Chilean judge ordered former dictator Augusto Pinochet to stand trial on murder and kidnap charges linked to his role in Operation Condor, a conspiracy of 1970s South American dictatorships to eliminate opponents.
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Ten months after the Parmalat scandal rocked the global finance industry, a judge next week begins deciding whether to put on trial executives, bankers and auditors of the dairy group plus three financial institutions.
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Federal regulators on Thursday filed civil fraud charges against three former Kmart Corp. executives and five current and former managers of big vendor companies, saying they engineered a $24 million accounting fraud by the retailing giant.
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The waiting period required under antitrust law has expired for discount retailer Kmart Holding Corp.'s planned &#36;11 billion acquisition of the Sears, Roebuck and Co. department store chain, the companies said Friday.
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A judge on Wednesday ordered a soldier, his wife and her cousin to stand trial in an alleged plot to keep the enlisted man out of Iraq by shooting him in the leg.
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A French judge investigating the disappearance of four French citizens during the 1973-90 dictatorship of Chile's Gen. Augusto Pinochet ordered 17 former regime officials to stand trial in Paris, judicial officials said Wednesday.
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Kmart Holding Corp. (KMRT.O: Quote, Profile, Research) on Monday named a new president and chief executive in a move that could signal the start of a campaign to revamp the discount retailer&#39;s image.