Corporate Crime

Crowell & Moring settles Arntsen embezzlement suits

By Ashley Post | May 23, 2012

Crowell & Moring can finally catch a breath now that the litigation surrounding one of its rogue lawyers has come to an end.
Ex-Yahoo executive, fund manager plead guilty to insider trading

By Alanna Byrne | May 22, 2012

This has been the month of Yahoo executives behaving badly. Just a week after CEO Scott Thompson resigned for lying on his resume, another of the company’s higher-ups has landed in hot water, this time for insider trading.
Ex-Enron CEO Skilling seeks new trial

By Ashley Post | May 22, 2012

Jeffrey Skilling desperately wants to get out of jail.
Trial begins for former Baker & McKenzie partner

By Ashley Post | May 21, 2012

As if Mondays weren’t bad enough, one former lawyer goes to trial today on charges that he diverted $1.6 million of one of his clients’ escrow funds.
Prosecutors charge former News Corp. exec in hacking scandal

By Ashley Post | May 17, 2012

Prosecutors have brought the first criminal charges surrounding the infamous News Corp. phone-hacking scandal.
Greenberg battles back against Schneiderman in N.Y. fraud case

By Alex Vorro | May 15, 2012

The tensions rose another notch yesterday in the 7-year-old fraud case against former AIG CEO Maurice Greenberg and CFO Howard Smith. Greenberg bit back at New York Attorney General Eric Schneiderman, claiming that the state should be barred from invoking a 91-year-old state law in the case.
AIG fraud case cleared for trial

By Julie Beck | May 9, 2012

New York’s fraud case against former American International Group (AIG) CEO Maurice Greenberg has been cleared for trial as of Tuesday.
Former Penn State assistant coach to sue university

By Ashley Post | May 9, 2012

Last fall, news broke that top officials at Pennsylvania State University didn’t report allegations that former football coach Jerry Sandusky sexually abused underage boys—some on the school’s campus—for 15 years.
Father-daughter duo settles with the SEC over insider trading allegations

By Julie Beck | May 8, 2012

Here’s a note to all the fathers out there: Insider trading does not equal family fun.
Former Tyco CFO sues the company for $60 million

By Cathleen Flahardy | May 8, 2012

Mark Swartz claims he’s entitled to retirement funds and other money.