Junior Johnson ran a software company called PurchasePro that was based in Las Vegas.
In 2001, PurchasePro, a publicly traded company, filed a Form 10-Q with the Securities & Exchange Commission, reporting its financial results for the first quarter of that year. The feds thought that the documents were false and misleading and contained inflated [...]
Entries Tagged as 'Securities fraud'
Beware of EDGAR
December 18th, 2007 · No Comments · Criminal Law, Eastern District, SEC, Securities fraud
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Court dismisses fraud suit based on SOX Certifications
October 11th, 2007 · 1 Comment · Sarbanes-Oxley, Securities fraud
An Alexandria federal district court has dismissed a securities fraud suit against two former executives who allegedly published false financial information despite knowing about their company’s “lax internal controls” and “dysfunctional accounting systems.”
A class of disappointed investors sued BearingPoint Inc., formerly KPMG Consulting LLC, its former president and CEO Randolph Blazer and former vice president [...]
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