A former McGuireWoods partner has admitted violating securities laws by trading unregistered shares of client companies.
If that sounds more like a New York City crime than an item on a Virginia docket, it is. The defendant is Louis Zehill, who worked at McGuire’s New York office, where about thirty lawyers practice.
As reported by Bloomberg, Zehil [...]
Entries Tagged as 'Securities fraud'
McGuire ex-partner pleads to securities fraud
March 17th, 2010 · No Comments · Securities fraud
Tags:
Beware of EDGAR
December 18th, 2007 · No Comments · Criminal Law, Eastern District, SEC, Securities fraud
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 [...]
Tags:
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 [...]
Tags:
