SEC Won't Punish Global Crossing Founder
131818
U.S. regulators have decided against  filing civil charges against Global Crossing Ltd. founder Gary  Winnick following a probe of its accounting practices, his  attorney said on Monday.
153870
Takafumi Horie, the former CEO of   Internet firm Livedoor Co. who came to symbolize a freewheeling   capitalism that clashed with Japan's cozy corporate norms,   pleaded not guilty on Monday to charges of breaking securities   law.
717075
The Securities and Exchange Commission's crackdown on fraudulent stock options is stuck because chairman Christopher Cox hasn't ruled on how to penalize the companies involved, people with direct knowledge of the situation said.
525908
Federal Trade Commission Chairman Deborah Platt Majoras said yesterday that she will not recuse herself from reviewing the proposed merger of Google and DoubleClick. Two privacy groups had asked her to step aside upon learning that her husband works for a law firm that represents DoubleClick.
85630
Three former Global Crossing Ltd. officials, including former chairman Gary Winnick, have reached a tentative settlement with securities regulators over an alleged failure to disclose information about the telecommunications company's swap transactions, according to two sources briefed on the deal.
250626
A former trader at the New York Stock   Exchange was found not guilty on Monday of securities fraud for   his role in a scheme that prosecutors said cheated the Big   Board's customers.
93839
The head of the Federal Trade Commission said Friday she won't remove herself from an antitrust review of Google Inc.'s purchase of online advertising company DoubleClick, rebuffing requests from privacy groups opposed to the transaction.
701180
The sole US regulator who could vote to break a deadlock over approval conditions on AT&T Inc's proposed $85bn acquisition of rival BellSouth Corp has refused to do so because of potential ethical concerns.
251416
NORTHFIELD, Ill. The SEC won&#39;t recommend enforcement action against Kraft Foods for allegedly helping the Fleming Companies inflate revenue.
156918
Europe's latest shot across Microsoft's bow shouldn't faze investors.
251394
The founder and former chairman of the world&#39;s second largest contract chip maker was found not guilty of investing in and transferring technology to a Chinese chip maker, a Taiwanese court said Friday.Taiwan&#39;s Hsinchu District Court said there wasn&#39;t enough evidence to prove wrongdoing in the government&#39;s case against Robert Tsao. A former vice-chairman of United Microelectronics Corp. (UMC), John Hsuan, and the head of a venture capital firm, Cheng Tun-chien, were also found not guilty in the case, the court said in a statement.The trio were&#160;indicted last year&#160;for allegedly investing in and transferring chip technology to Chinese chip maker He Jian Technology (Suzhou) Co. The executives and UMC repeatedly denied wrongdoing in the case. They have admitted to advising He Jian during its startup phase, but maintain that all help was within legal bounds. Prosecutors plan to appeal the verdict.Taiwan carefully controls chip investments to China, fearing it could lead to job losses on the island or that its technology could be used to bolster Chinese military might. The two separated in 1949 amid civil war, and Beijing has long threatened the use of force to take the island if it moves towards formal independence. Due to their strained relationship,&#160;Taiwan chip makers are required to receive government approval&#160;before investing in or transferring chip-related technology to China.The verdict is the second setback for the Taiwan government so far this year in its efforts to enforce regulations governing Taiwanese chip investments to China. In July, a Taipei court overturned an NT$5 million (US$154,000) fine against UMC, also citing a lack of evidence that it invested in He Jian.The court actions underline a rift among Taiwanese in their dealings with China. Some people on the island, which share linguistic and cultural ties to China, are working towards independence as a way to safeguard democratic reforms that have taken hold in Taiwan over the past two decades. Others view China as their homeland, and are working to ensure Taiwan unites with the mainland and takes part in its economic boom.Last year, UMC said a 15 percent stake in He Jian that the Chinese chip maker offered as payment for help establishing the company was put into a trust. The payment was part of UMC&#39;s efforts to make sure its shareholders benefitted from the growth of He Jian.UMC Chairman Jackson Hu has repeatedly referred to He Jian as UMC&#39;s partner in China, and said UMC will refer its customers to He Jian when they&#39;re looking for some chip work to be done in China.&#160;
267431
Micron Technologies says it still does not expect to pay any fines or face criminal charges after a European competitor agreed this past week to price fixing charges.
42853
Sanjay Kumar, former CEO of New York-based software giant Computer Associates, has pleaded not guilty to charges of defrauding investors by fudging records.
368059
HOUSTON, Nov. 21  Â Federal prosecutors will not challenge a judgeÂs ruling that vacates the conviction of EnronÂs founder, Kenneth L. Lay, who died in July after being found guilty for his role in a corporate accounting scandal.
561922
The World Trade Organisation (WTO) has said that the US should not have imposed import duties on South Korean memory maker Hynix. However, early indications suggest the US may be preparing to appeal against the judgement.
466673
Gary Winnick, former chairman of Global Crossing, the telecoms group that filed for Chapter 11 bankruptcy protection in 2002, will not be fined or sanctioned by the US Securities and Exchange Commission, according to his lawyer.
467509
Expedia Inc.  Chairman Barry Diller said on Monday he has no plans to cede control of the top online travel company to fellow major shareholder Liberty Media Corp.