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• UPDATE 1-Dewey ex-chairman agrees to proposed settlement to resolve claims Tuesday, 23 Apr 2013 | 6:47 PM ET

  Former Dewey Chairman Steve Davis has agreed to pay $511,145 to settle claims that he mismanaged Dewey& LeBoeuf, which last May became the largest law firm in U.S. history to file for Chapter 11 bankruptcy. "He got off easy," said John Altorelli, a former Dewey partner who is now co-chair of DLA Piper's U.S.

• UPDATE 2-New chairman of U.S. accounting standards body named Tuesday, 23 Apr 2013 | 5:10 PM ET

  Russell Golden, 42, was named chairman of the seven-member U.S. Financial Accounting Standards Board by its parent organization, the Financial Accounting Foundation. A former FASB staff member and a former partner at accounting giant Deloitte& Touche LLP, Golden will replace Leslie Seidman, whose term as chair expires at the end of June.

• Dewey ex-chairman agrees to proposed settlement to resolve claims Tuesday, 23 Apr 2013 | 12:27 AM ET

  Former Dewey chairman Steve Davis has agreed to pay $511,145 to settle claims that he mismanaged Dewey& LeBoeuf, which became the largest law firm in U.S. history to file for Chapter 11 bankruptcy last May.

• Three Justice antitrust officials on US FTC short list -sources Thursday, 18 Apr 2013 | 5:31 PM ET

  WASHINGTON, April 18- Three women lawyers at the U.S. Justice Department's antitrust division are on the short list to fill a Democratic vacancy on the Federal Trade Commission, according to sources knowledgeable about the process.

• UK fund managers face biggest hit from EU bonus cap Tuesday, 16 Apr 2013 | 4:38 AM ET

  LONDON, April 15- Caps on bonuses paid to fund managers proposed by European lawmakers may prompt British investment houses, which have most to lose from the new rules, to look at new structures such as profit sharing partnerships favoured by law firms, experts say.

• U.S. accounting class-action lawsuits down in 2012 -report Thursday, 11 Apr 2013 | 6:24 PM ET

  April 11- Fewer class-action lawsuits alleging accounting improprieties were filed last year in the United States, but those that were settled in 2012 carried a higher price tag, according to a study from Cornerstone Research.

• ANALYSIS-Insider trading probe impact on KPMG expected to be short-lived Thursday, 11 Apr 2013 | 6:01 PM ET

  The global accounting giant fired Scott London, a long-time Los Angeles audit partner, after learning he shared privileged information on audit clients with a golf partner, Bryan Shaw. The SEC charged that information on five companies was shared in a scheme that brought Shaw $1.3 million in illicit trading profits.

• US urged to bridge accounting body cash gap Thursday, 11 Apr 2013 | 10:28 AM ET

  LONDON, April 11- The international accounting body working to beef up company audit rules says it is running short of money and wants the United States to stump up more cash to help it complete its reforms.

• U.S. to file charges soon in ex-KPMG auditor's case -source Thursday, 11 Apr 2013 | 12:52 AM ET

  NEW YORK, April 11- U.S. authorities could file criminal charges against a former senior KPMG auditor and a friend who swapped insider tips on corporate clients of the international accounting firm for cash as soon as Thursday, a source familiar with the matter told Reuters.

• UPDATE 1-NY judge approves $115 mln AIG shareholder settlement Wednesday, 10 Apr 2013 | 6:07 PM ET

  NEW YORK, April 10- A federal judge on Wednesday approved a $115 million settlement between American International Group Inc shareholders and former CEO Maurice "Hank" Greenberg and other defendants over alleged improper accounting at the insurance giant.

• FBI Launches Probe as KPMG Quits Herbalife, Skechers Wednesday, 10 Apr 2013 | 6:15 AM ET

  

  In a blow to one of the world's largest accounting firms, KPMG said it resigned as auditor of two U.S. corporations amid an FBI investigation into insider trading allegations.

• UPDATE 1-Obama names three to troubled U.S. labor relations board Tuesday, 9 Apr 2013 | 5:44 PM ET

  *Senate now has five NLRB nominations to consider. The nominations come as Congress is considering Republican-backed measures that would effectively pause the NLRB's work until its ability to conduct official business is confirmed by the U.S. Supreme Court or the Senate.

• INTERVIEW-Skechers CFO says KPMG's Scott London resigned Tuesday, 9 Apr 2013 | 2:26 PM ET

  NEW YORK, April 9- Scott London, a partner at accounting firm KPMG, was the lead auditor for Skechers USA Inc who resigned after allegedly leaking insider information to traders, said Skechers Chief Financial Officer on Tuesday.

• KPMG Fires Partner for Role in Insider Trading Tuesday, 9 Apr 2013 | 6:38 AM ET

  

  KPMG said late on Monday it had fired a senior partner in the accounting firm's Los Angeles office for allegedly providing inside information to an unnamed third party.

• FBI probes alleged insider trading by former KPMG partner-source Tuesday, 9 Apr 2013 | 12:58 AM ET

  California- based companies Herbalife Ltd and Skechers USA Inc both said KPMG has resigned as their audit firm in connection with an alleged leak of information regarding nonpublic information.

• UPDATE 1-Apple, Google won't face poaching class action, for now Friday, 5 Apr 2013 | 11:20 AM ET

  April 5- A federal judge will not allow a lawsuit accusing Apple Inc, Google Inc and other technology companies of conspiring not to poach each other's employees to proceed as a class action, but left the door open for affected workers to eventually sue as a group.

• ANALYSIS-U.S. turns to thrift-era fraud law to tackle money laundering Thursday, 4 Apr 2013 | 2:26 PM ET

  WASHINGTON, April 4- The U.S. Justice Department is again testing the reach of a once-dormant civil fraud law, applying it to money laundering after reviving it recently for cases tied to the financial crisis. In November, the Justice Department brought its first money-laundering case using FIRREA, in a lawsuit against the First Bank of Delaware.

• RBS Faces $6 Billion Investor Action Thursday, 4 Apr 2013 | 2:25 AM ET

  

  A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008.

• Judge Questions Citigroup's $590 Million Settlement Tuesday, 2 Apr 2013 | 2:04 AM ET

  

  A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup's proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets.

• Judge questions fairness of Citigroup $590 million settlement Monday, 1 Apr 2013 | 7:27 PM ET

  April 1- A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup Inc's proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets.