WorldCom News
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The U.K.'s accounting watchdog on May 9 said it had placed KPMG Audit Plc under two separate investigations in connection with its audits of a car seller and the conduct of one of the firm's partners.
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Jeffrey Skilling is back in the news. He should jog memories about what used to happen to people charged with engaging in huge corporate accounting frauds.
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Baker & McKenzie LLP will merge with United Arab Emirates 40-lawyer law firm Habib Al Mulla on July 1, to create Baker & McKenzie Habib Al Mulla. The firm will advise clients on local and international law in its Dubai offices and, with regulatory approval, in Abu Dhabi.
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David Myers was at the epicenter of one of the biggest corporate frauds in U.S. history. Now the former WorldCom Inc. controller is rebuilding his life a decade later with the help of the federal government.
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Jane Ong thought she had a good case to sue her accountants in Singapore over asset valuations during a two-decade divorce fight. Short of money, she persuaded a litigation funder -- an investor that pays for a lawsuit in return for a share of the proceeds -- to help.
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Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, hired criminal defense lawyer Reid Weingarten, while Sushovan Hussain, who was Autonomy’s finance chief, hired attorney John Keker, according to a person familiar with the matter.
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Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, hired criminal defense lawyer Reid Weingarten and Sushovan Hussain, who was Autonomy’s finance chief, retained attorney John Keker, according to a person familiar with the matter.
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As Manhattan’s top federal prosecutor during the 1990s, Mary Jo White could have sought the corporate equivalent of the death penalty: indicting Prudential Securities Inc. for fraudulently marketing $8 billion in ruinous energy partnerships to small investors.
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Winston & Strawn LLP is opening a Brussels office in June, which will be led by antitrust and competition lawyer Peter Crowther. It will be the firm’s 16th office and the fifth in Europe.
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APCO Worldwide, the public relations firm that advised Hewlett-Packard Co. ’s board after accusations of harassment against its chief executive officer, has handled crises from Merck & Co. ’s Vioxx scandal to WorldCom Inc.’s fraud and now is helping Wall Street earn back America’s trust.
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