Contractor Faces Manslaughter Charges for Deadly New York Crane Collapse
A Contractor Has Been Charged With Manslaughter. A contractor from Long Island has been charged with second-degree manslaughter, criminally negligent homicide, reckless endangerment and assault in connection with a deadly New York City crane collapse that killed seven people last year. According to a report on Newsday.com, Manhattan … [Read more...] about Contractor Faces Manslaughter Charges for Deadly New York Crane Collapse
Airborne Settles False Claim Charges
Airborne Settles False Claim. Although admitting no wrongdoing, Airborne Health, Inc. has agreed to pay $7 million to settle investigations by 32 state attorneys general and the District of Columbia (D.C.) over how it has marketed and labeled its products, Reuters said, noting that Airborne Health had also previously settled two … [Read more...] about Airborne Settles False Claim Charges
Zyprexa Charges Take A Toll On Lilly
Zyprexa Charges Take A Toll On Lilly. Earlier this month we reported that Eli Lily & Company, in its ongoing Zyprexa scandal, agreed to pay $62 million to 33 states to settle claims it improperly marketed Zyprexa. Now, Lilly posted a third-quarter net loss of $465.6 million—43 cents a share—amid charges related to the … [Read more...] about Zyprexa Charges Take A Toll On Lilly
Pfizer Settles Air Pollution Charges for $975,000
Pfizer Reached A Settlement Over Clean Air Act Violations. Drug maker Pfizer has reached a settlement with the US Justice Department over Clean Air Act Violations that occurred at its pharmaceutical plant in Groton, Conn. The settlement, which includes a $975,000 civil penalty, is the first of its kind involving industry-specific … [Read more...] about Pfizer Settles Air Pollution Charges for $975,000
Charges pending for truck driver in horrific turnpike accident
Truck Driver Face Charges In The Massive Accident. In the aftermath of a horrific accident on I-95, a truck driver may be facing charges. He's accused in the massive accident that killed four people. It happened in the northbound lanes near the New Jersey Turnpike extension in Teaneck. Four other people are in the hospital. The … [Read more...] about Charges pending for truck driver in horrific turnpike accident
Enron’s Fastow Pleads Guilty To Two Charges
Enron’s Fastow Entered Guilty Pleas. Andrew Fastow, former Enron chief financial officer, entered guilty pleas on two counts of fraud on Wednesday, accepting a plea agreement under which he will serve time in prison and might have to testify against his former bosses. In a separate deal with the Securities and Exchange … [Read more...] about Enron’s Fastow Pleads Guilty To Two Charges
Morgan Stanley To Pay $50M Settlement
Morgan Stanley Agreed To Settle Charges. Morgan Stanley (MWD) agreed Monday to pay $50 million to settle charges of abusive mutual fund sales practices, and regulators warned that other financial firms could face a similar fate. The Securities and Exchange Commission and the National Association of Securities Dealers said Morgan … [Read more...] about Morgan Stanley To Pay $50M Settlement
Quattrone Is Indicted on Obstruction-of-Justice Charges
Quattrone Face Obstruction-of-Justice Charges. A federal grand jury reportedly indicted former Credit Suisse First Boston banker Frank Quattrone on obstruction-of-justice charges Monday. The indictment accuses ‘Quattrone’ of directing CSFB employees to destroy documents that had been subpoenaed during an investigation of … [Read more...] about Quattrone Is Indicted on Obstruction-of-Justice Charges
Quattrone Lawyer Says Charges Are Trumped Up
Quattrone Charged With Obstruction Of Justice. Frank Quattrone, the former Credit Suisse First Boston investment banker, was charged by federal prosecutors Wednesday with obstruction of justice. His lawyer said the case was trumped up. Quattrone was arraigned at the federal courthouse in Manhattan on obstruction of … [Read more...] about Quattrone Lawyer Says Charges Are Trumped Up
Victims Applaud As Charges Are Laid
Tainted-Blood Scandal Victims. Two former Health Canada officials and a former senior member of the Canadian Red Cross could face up to 10 years in prison if convicted of charges laid by the RCMP in connection with the tainted-blood scandal of the 1980s. The RCMP announced the results of its five-year investigation yesterday by … [Read more...] about Victims Applaud As Charges Are Laid
Docs Face Criminal Charges
Criminal Charges Against Doctors. Criminal charges against four doctors, an American pharmaceutical company and the Canadian Red Cross have been laid in Canada's decades-old tainted blood disaster, a development that persuaded some victims their troubles weren't just bad luck. "Victims have been validated," said Mike McCarthy, one … [Read more...] about Docs Face Criminal Charges
WorldCom Charges Broadened
WorldCom Charges Over Accounting Mistakes. The Securities and Exchange Commission has broadened its charges against bankrupt WorldCom Tuesday, alleging new fraud and a vast expansion of the accounting mistakes. The charges, filed in Manhattan Federal District Court, state that WorldCom engaged in fraud in connection with … [Read more...] about WorldCom Charges Broadened
Massachusetts May File Fraud Charges Against Credit Suisse First Boston
Charges Against Credit Suisse First Boston. Massachusetts state securities regulators plan to file civil fraud charges against Credit Suisse First Boston, intensifying the scrutiny of alleged conflicts that may have tainted the firm’s technology research under investment- banking star Frank Quattrone, Monday’s Wall Street … [Read more...] about Massachusetts May File Fraud Charges Against Credit Suisse First Boston
U.S. Plans More WorldCom Charges
WorldCom Accounting Fraud. Federal prosecutors said today that they expect to file more charges and may target new defendants in their investigation into alleged accounting fraud at WorldCom Inc. Prosecutors did not disclose the names of possible new targets, but legal experts and lawyers close to the case said they expect the … [Read more...] about U.S. Plans More WorldCom Charges
Still Waiting For Charges Against Enron Execs
Enron Execs Accounting Scandals. As President Bush warned crooked CEOs yesterday "we will hunt you down," some critics wondered why they haven't seen the ultimate photo op: Bush's pal Kenneth Lay of Enron in handcuffs. Nine months after Enron imploded, taking down thousands of investors and employees and setting off a … [Read more...] about Still Waiting For Charges Against Enron Execs
Gliatech Pleads Guilty to Fed Charges
Gliatech Plead Guilty To Charges. Gliatech Inc. pleaded guilty Thursday to six misdemeanor charges for providing false or incomplete information to the Food and Drug Administration (news - web sites) about the biotechnology company's main product, a back surgery gel. U.S. District Magistrate Judge Jack B. Streepy gave the company … [Read more...] about Gliatech Pleads Guilty to Fed Charges
