October 2013 Archives

Corporations pushing to end securities fraud litigation

Companies across the country have been riddled with lawsuits for alleged securities fraud since the late 1990s. According to one report, more than 3,050 securities litigation cases have been brought against companies. Many of these lawsuits come from shareholders themselves that are upset because of a decision that executives at the company have made.

Fraud trial of ex-Madoff employees slowly lifting off

If you thought you had heard the end of the Bernard Madoff case, think again. Five former underlings of the now-convicted operator of one of history's biggest securities fraud schemes are before the federal court bench in New York in the early stages of a trial that is expected to last about five months.