The Ohio Supreme Court has suspended the law license of former Ohio Attorney General Marc Dann for six months over ethics violations related to campaign fund crimes. The court on November 20 determined that Dann, a Democrat who served 17 months in office before resigning in 2008, engaged in conduct that reflected adversely on his fitness to practice law. In 2009, he was convicted of using campaign funds for personal use and for falsifying financial statements, both misdemeanors.
HP TAKES $8B WRITE-DOWN
Hewlett-Packard Co. said on November 20 it will take an $8.8 billion write-down related to its purchase of Autonomy PLC and alleged that Autonomy executives committed accounting fraud to inflate the company’s value during the sale. HP acquired the Cambridge, U.K.-based e-discovery and enterprise search stalwart in 2011 for $10.3 billion.
FEDS ACT ON OBAMACARE
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