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Supreme Court Turns Down Skilling Plea

The Supreme Court ruled that it will not consider hearing an appeal by convicted accounting fraudster Jeffrey Skilling. The former head honcho of the defunct Enron Corp is currently serving 24 years in...

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Couple Sues Goldman Sachs After All-Stock Sale of Dragon Systems Leaves Them...

James and Janet Baker considered their voice-recognition software company Dragon Systems to be their “third child.” With minimal venture capital, the couple developed the company, founded in 1982, and...

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Japan's Olympus sued by six banks over accounting fraud

The financial institutions are seeking a total of 28bn yen ($273m; £164m) in compensation. Olympus was entangled in one of Japan’s biggest accounting scandals, which came to light in October 2011....

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