Categories & Tags: securities and exchange commission

Bank of America makes 'dirty dozen' list of criminal financial institutions   |   March 28, 2013
A watchdog group has compiled a list of banking's "dirty dozen" corporate criminals, and Charlotte, N.C.-based Bank of America makes the cut. Dirt Diggers Digest, a...

 

BP challenges official estimate of oil spilled in Gulf   |   January 14, 2013
Trying to reduce civil liabilities it faces under the federal Clean Water Act, BP filed a legal motion last week to establish that the number of barrels of oil spilled as a result...

 

Latest sanction against BP goes beyond Gulf spill   |   November 29, 2012
By Abrahm Lustgarten, ProPublica When the Obama administration temporarily banned BP from federal contracts Wednesday, it pointed to BP's "lack of business integrity...

 

With record criminal settlement reached over Gulf disaster, what lies ahead for BP and its victims?   |   November 16, 2012
The oil giant BP announced yesterday that it reached a settlement with the U.S. Department of Justice and the Securities and Exchange Commission in the criminal case over its 2010...

 

Extraction and disclosure   |   August 24, 2012
By Phil Mattera, Dirt Diggers Digest The U.S. Securities and Exchange Commission often behaves like a watchdog with no teeth, but it has just stood up to intense pressure from big...

 

Pro-fracking NC lawmakers cozied up with scandal-plagued gas company   |   July 5, 2012
Before voting to allow fracking in North Carolina, state lawmakers took two fact-finding trips to Pennsylvania -- and a gas company that's now facing multiple federal and...

 

Wal-Mart and Watergate   |   April 27, 2012
By Phil Mattera, Dirt Diggers Digest Wal-Mart has been probably been accused of more types of misconduct than any other large corporation. The latest additions to the list are...

 

Con JOBS   |   March 23, 2012
By Phil Mattera, Dirt Diggers Digest Bipartisanship in Washington is back from the dead, at least for the moment, but its reappearance illustrates what happens when the two major...

 

Scrushy Agonistes   |   July 5, 2005
As you probably heard, Richard Scrushy was last week found not guilty of criminal charges in the billion-dollar HealthSouth accounting fraud scandal. Scrushy, feeling vindicated,...

 

Corporate Responsibility   |   June 9, 2005
The SEC lawsuit against HealthSouth for accounting fraud has been settled, the company agreeing to pay the government $100 million, less than a sixth of its annual cash flow. The...

 

Houston, We Still Have a Problem   |   May 18, 2005
Executives and investors will be gathering in downtown Houston today for the annual shareholders meeting for Halliburton Co. Inside, CEO David Lesar will be congratulating himself...

 

Inside the Tyson Foods Empire   |   May 2, 2005
Last week, Tyson Foods -- the Arkansas-based poultry and meatpacking conglomerate -- announced a $1.5 million settlement with the SEC for making "misleading or inadquate...