securities and exchange commission
April 27, 2012 -
Wal-Mart has been accused of bribery in Mexico, but its behavior is far from unique: Many major corporations have been charged under the Foreign Corrupt Practices Act, a U.S. law passed in response to an oft-forgotten aspect of the Watergate scandal of the 1970s.
March 23, 2012 -
A bill originally sponsored by ethics-challenged Congressman Stephen Fincher of Tennessee is being hailed as helping small businesses and workers, but watchdogs warn that it will erode transparency and pave the way for more corporate skullduggery.
July 5, 2005 -
As you probably heard, Richard Scrushy was last week found not guilty of criminal charges in the billion-dollar HealthSouth accounting fraud scandal. Scrushy, feeling vindicated, has said he would like to work again at the company he founded.
June 9, 2005 -
The SEC lawsuit against HealthSouth for accounting fraud has been settled, the company agreeing to pay the government $100 million, less than a sixth of its annual cash flow.
May 18, 2005 -
Executives and investors will be gathering in downtown Houston today for the annual shareholders meeting for Halliburton Co. Inside, CEO David Lesar will be congratulating himself on the astonishing $7.1 billion revenue the company has made off its military contracts in Iraq, which boosted Halliburton's overall revenue some 25 percent, bringing it to over $20 billion for 2004.
May 2, 2005 -
Last week, Tyson Foods -- the Arkansas-based poultry and meatpacking conglomerate -- announced a $1.5 million settlement with the SEC for making "misleading or inadquate disclosures" about payments and perks showered on top executives, especially former senior chairman Don Tyson.
