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March 16, 2011 |

News In Brief

7 minute read
November 07, 2012 |

MF Global Lawsuit Targets Auditors

Plaintiffs lawyers accusing the bankrupt securities firm MF Global of bilking customers out of $1.6 billion have expanded their civil suit with new claims against the auditing giant PricewaterhouseCoopers.
3 minute read
April 08, 2005 |

Computer Associates' New Legal Chief Looks to the Future

The qualities that attracted Kenneth A. Handal to the general counsel position at Computer Associates may have made other candidates turn and run away. He joined the company last July as it was reeling from an investment fraud scandal that had driven out many of its top managers. But in a recent interview, Handal called the once-vacant general counsel's seat "very attractive" because of the very difficulties the company was having when he was hired.
6 minute read
July 19, 2007 |

Lawyers Get Back on Board

Scandals in the early part of the decade prompted Congress to pass a new law expanding the liability exposure of public company board members. Attorney-directors feared that investigations could look at whether they could have prevented a company's failure, either as a legal adviser or a director. But five years after the Sarbanes-Oxley Act, an increasing number of corporate attorneys are deciding that the benefits of serving as directors of public companies outweigh the risks.
5 minute read
July 19, 2007 |

Lawyers Get Back on Board

Scandals in the early part of the decade prompted Congress to pass a new law expanding the liability exposure of public company board members. Attorney-directors feared that investigations could look at whether they could have prevented a company's failure, either as a legal adviser or a director. But five years after the Sarbanes-Oxley Act, an increasing number of corporate attorneys are deciding that the benefits of serving as directors of public companies outweigh the risks.
5 minute read
September 12, 2006 |

Firms see an array of fates since attacks

IN THE FIVE YEARS since the terrorist attacks on the World Trade Center, attorney H. Taufiq Choudhury said that he has grown numb to the reminders he sees every day on his way to work in lower Manhattan. "I've gotten used to it," he said. "The feeling is not as sharp." An immigration lawyer, Choudhury initially relocated his sole practice from the 22d floor of 1 World Trade Center to midtown Manhattan after the attacks.
5 minute read
January 19, 2004 |

On the Record: Lawrence Greenberg

The Motley Fool's chief legal officer, Lawrence Greenberg, on securities market reforms, the CAN-SPAM Act, and convincing company employees that the legal department isn't "Mount Doom."
7 minute read
June 28, 2006 |

Federal Judge Blasts U.S. Pressure on KPMG Case Fees

Saying the government "let its zeal get in the way of its judgment," Southern District of New York Judge Lewis Kaplan delivered a harsh rebuke to prosecutors Tuesday for pressuring KPMG to cut off legal fees for employees unwilling to cooperate in the nation's largest tax fraud investigation. The decision has been eagerly anticipated by defense groups and business organizations who are increasingly concerned at prosecutorial tactics they believe are eroding defendants' rights to counsel and a fair trial.
10 minute read

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