WorldCom


WorldCom News

  • Brits Show U.S. the Right Way to Come Clean

    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.

  • Jeffrey Skilling, a Model Convict in More Ways Than One

    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.

  • Baker & McKenzie, Ogletree Deakins: Business of Law

    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.

  • Obama Stimulus Aids WorldCom Felon With Health Care Loan

    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.

  • ‘Wild West’ of Lawsuit Funders Supports Divorcees to Soldiers

    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.

  • Autonomy Executives Said to Hire Lawyers Weingarten, Keker

    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.

  • Autonomy’s Lynch Said to Hire Lawyer Weingarten, CFO Gets Keker

    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.

  • Obama’s SEC Pick Wary of Zealous Wall Street Prosecutions

    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.

  • Winston, Venable, SNR Denton, Mayer: Business of Law

    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.

  • HP Consultant APCO Built Crisis Business on WorldCom Testimony, Vioxx Suit

    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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