A strong quarter from Under Armour is being overshadowed by federal investigations into the company’s accounting practices. The probe, first reported by The Wall Street Journal, is seeking information that would reveal whether the sports gear maker shifted sales from ...

Tagged with: U.S. Department of Justice U.S. Securities and Exchange Commission Under Armour Wall Street Journal

A strong quarter from Under Armour is being overshadowed by federal investigations into the company’s accounting practices. The probe, first reported by The Wall Street Journal, is seeking information that would reveal whether the sports gear maker shifted sales from ...

Tagged with: U.S. Department of Justice U.S. Securities and Exchange Commission Under Armour Wall Street Journal

Chiquita Brands International Inc.’s bid to stop the U.S. Securities and Exchange Commission from releasing documents on payments to a Colombian terrorist group was dismissed by a federal judge.

Tagged with: U.S. Securities and Exchange Commission

As King Solomon tried to do justice between two harlots claiming the baby, the SEC took its statutory requirement and cut its impact in half.

Tagged with: U.S. Securities and Exchange Commission

U.S. District Judge John Bates in Washington Tuesday ruled in favor of groups that argued the regulation would hobble companies’ competitiveness by forcing them to publicly disclose information that could be used to influence political events in other countries.

Tagged with: U.S. Securities and Exchange Commission

JPMorgan Chase & Co. may see as much as $1.6 billion go down an Alabama sewer.

Tagged with: JPMorgan Chase & Co. U.S. Securities and Exchange Commission

So routinely do people and firms resolve SEC cases “without admitting or denying” wrongdoing, as the agency’s boilerplate phrase goes, that even the guiltiest of fraudsters who confess in criminal court to the most audacious of crimes never come clean with the SEC, which has its own, civil cases to resolve.

Tagged with: Bernard Madoff U.S. Securities and Exchange Commission

Up until that moment, I had no idea just how weak the SEC really is. If these are the handcuffs the SEC has to deal with on a big case like this, then it’s no wonder its enforcement division’s performance over the years has been so feeble.

Tagged with: U.S. Justice Department U.S. Securities and Exchange Commission

A former officer of American Italian Pasta Co. in Kansas City will pay more than $660,000 in penalties on claims that he violated securities laws.

Tagged with: U.S. District Court for the Western District of Missour U.S. Securities and Exchange Commission

Bank of America Corp. suffered a setback in its defense to civil charges that it misled investors after a judge ruled that it may not introduce at a trial testimony about media reports predicting it would pay bonuses. The U.S. ...

Tagged with: Bank of America lawsuit Merrill Lynch & Co. U.S. Securities and Exchange Commission

The judge presiding over the U.S. Securities and Exchange Commission’s lawsuit against Galleon Management, whose founder Raj Rajaratnam faces criminal charges, said he wants the civil case ready for trial within five months. U.S. District Judge Jed Rakoff in New ...

Tagged with: Jed Rakoff Raj Rajaratnam U.S. Securities and Exchange Commission