When the Dow Drops, Expect a Flood of Fraud Claims

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Today, the DOW Jones Industrial Average temporarily fell 465 points, roughly 3.8% of Monday’s close.  When the market falls like this,  lots of shares will have sold at a loss, locking in investor “damages” equal to the original purchase price minus the sale price.  Company executives, boards and auditors should brace for impact as the […]

Scientific-Atlanta Off the (Private) Hook in Fraud Case

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The corporate defense bar should be smiling today. Yesterday, the U.S. Supreme Court declined to make it easier — not the same as “made it harder,” as some commentators may claim — for investors to get relief in federal securities fraud cases.

IRS Ramps Up Whistleblower Effort

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Ever thought of becoming a tax collector? Practically anyone can take a shot at it these days, thanks to a little known provision in the Tax Relief and Health Care Act of 2006.