Colombia may seek to extradite employees from Chiquita after the U.S. banana giant pleaded guilty to charges a subsidiary paid protection money to illegal paramilitary gangs, the country's top prosecutor said on Tuesday.
The meltdown among U.S. subprime mortgage lenders including New Century Financial Corp. broadened on Tuesday, as Accredited Home Lenders Holding Co. shares fell more than 60 percent, and investors worried that more lenders might restructure or seek bankruptcy protection.
New Century Financial said on Tuesday it underestimated its debt to Credit Suisse by $500 million, the latest snafu for a company under investigation by U.S. securities regulators and facing delisting from the New York Stock Exchange.
Federal prosecutors are strongly considering criminal charges against former executives of Broadcom., Apple, and KLA-Tencor, related to the backdating of stock options, the Wall Street Journal reported on Friday, citing people familiar with the situation.
Federal prosecutors are poised to score their first victory in their investigation of Hewlett-Packard's ill-fated boardroom spying probe, after a private investigator agreed to plead guilty to identity theft and conspiracy charges.
Former Enron executive Richard Causey had been scheduled to report to prison on Tuesday, according to a newspaper report.