Corporate Crime & Lawsuits
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SafeNet fraud case is settled
Stock option scandal spurred probe by SEC The U.S. Securities and Exchange Commission has settled fraud claims against five former SafeNet employees, including a chief executive officer who resigned in2006amid a stock option...
Kuwait-based military contractor wins court delay
A Kuwaiti-owned company indicted in Atlanta this week for alleged fraud in connection with a multibillion-dollar contract to supply food and other products to coalition troops in Iraq, Kuwait and Jordan won a court delay...
13 charged in $19M Central Oregon bank fraud (AP)
AP - The collapse of a Bend real estate development company has resulted in charges against 13 people in what prosecutors say is the largest Oregon fraud case to emerge from the national real estate boom and bust.
Not to our health
Existing gov’t plans rife with quackery By Deroy Murdock Saturday, November 21, 2009 - Fraud devours some $60 billion - or 13.3 percent - of Medicare’s $452 billion budget. Another recent report uncovered $18.1 billion in...
Justices: Utah tax on escorts unconstitutional
The Utah Supreme Court has ruled that a state tax imposed on strip clubs is constitutional. In a ruling issued Friday, Associate Chief Justice Matthew B. Durrant wrote that the state's Sexually Explicit Business and Escort...
Pension ruling may save Mpls. taxpayers $10M
Judge orders two police and firefighter funds to cut claims in 2010, which could reduce city taxes $10 million. Judge Poston has ruled plain and simple that these two pension funds have been overcharging the city for their...
Northeast Pa. residents sue Houston-based natural gas driller over polluted water wells
By MICHAEL RUBINKAM , Associated Press Minnesota business by the numbers See Minnesota's top earning companies, CEOs and non-profits DIMOCK, Pa. - Now Farnelli and others are plaintiffs in a lawsuit that alleges Houston-based...
Family sues Rothstein, alleging 'inside help'
A Fort Lauderdale family who invested more than $100 million in attorney Scott Rothstein's alleged Ponzi scheme filed a lawsuit against him, TD Bank and three of its executives, and four people inside Rothstein's law firm....
Stocks That Stand Out For Nov. 20th, 2009 Are RFMD, GETA, CLDS, HESG
to be Introduced in 2010 GREENSBORO, N.C., Nov 19, 2009 -- You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and...
Primary Marking Touts eTWIST Sales
Nov 21, 2009 (Close-Up Media via COMTEX) -- Orders for eTWIST, a high-tech evidence tracking system from St. Louis-based Primary Marking Systems that allows police officers to collect, enter and scan evidence at the crime scene...
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