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Commercial and Professional Services Professional Services

  • David R. Humphrey, 60, who worked in the SEC's Division of Corporation Finance for 16 years, pleaded guilty to filing false ethics forms in order to conceal his trading, the Justice Department said. When he was confronted by agents in the SEC's inspector general's office in 2014, the SEC said, he continued to lie about his trading. The SEC's charges against Humphrey...

  • NEW YORK, May 8- A Manhattan jury on Monday convicted a former top executive of the now-defunct U.S. law firm Dewey& LeBoeuf of defrauding investors while acquitting another executive, roughly 19 months after an earlier trial ended with a hung jury. The former CFO, Joel Sanders, was convicted in Manhattan state court of securities fraud and conspiracy charges.

  • *Sees FY adj income from ops $9.25- $9.75 per share. *Anthem files Supreme Court petition on Cigna. Analysts and antitrust experts said they expected the Supreme Court to decline to take the case.

  • WASHINGTON, May 3- A former accountant at the U.S. Securities and Exchange Commission is expected to settle criminal and civil charges, after he was caught illegally trading options while working at the agency, according to sources familiar with the matter. He will also pay more than $100,000 in penalties and ill-gotten profits to settle the SEC's civil case, and...

  • Keith Noreika, a partner at law firm Simpson Thacher& Bartlett LLP, will be first deputy comptroller at the Office of the Comptroller of the Currency and will run the OCC on an interim basis when Comptroller Thomas Curry leaves on May 5, Treasury Secretary Steven Mnuchin said in a statement. That appointment requires Senate confirmation and analysts said they...

  • WASHINGTON, May 3- A former accountant at the U.S. Securities and Exchange Commission is expected to settle parallel criminal and civil charges, after he was caught illegally trading options while working at the agency, according to multiple sources familiar with the matter. The charges against David R. Humphrey, a 16- year SEC veteran, represent a rare instance...

  • NEW YORK, May 1- A U.S. judge on Monday said he wanted to know whether Iran employs any lawyers for a wealthy Turkish gold trader accused of helping that country evade U.S. sanctions, a team that includes former New York City Mayor Rudolph Giuliani. District Judge Richard Berman in Manhattan said he planned to ask at a hearing on Tuesday whether Giuliani or any other...

  • WASHINGTON, April 27- The Federal Trade Commission gave a private equity firm approval on Thursday to sell to Dollar General Corp 323 stores that Sycamore purchased as part of a divestiture package two years ago, the agency said on Thursday. Sycamore Partners II, LP bought the stores in 2015 when Dollar Tree was forced to sell shops in 35 states to win antitrust...

  • DR DAVID DAO'S SETTLEMENT WITH UNITED INCLUDES RELEASE OF REPUBLIC AIRWAYS AND CITY OF CHICAGO FROM ANY RESPONSIBILITY- LAW FIRM.

  • A three-judge panel of a New Jersey state appeals court on Thursday revived conspiracy, disparagement and other claims that had been dismissed in 2011 and 2012 against several defendants in the Toronto- based insurer's $8 billion lawsuit. Fairfax was also allowed to pursue some claims against hedge fund Exis Capital Management Inc and Morgan Keegan, a...

  • NEW YORK, April 26- According to the White House, U.S. This San Francisco judge's erroneous ruling is a gift to the criminal gang and cartel element in our country, empowering the worst kind of human trafficking and sex trafficking, and putting thousands of innocent lives at risk, the White House said in a statement decrying Judge Orricks decision, which came in a...

  • BOSTON/ NEW YORK, April 26- U.S. hedge fund managers began warming to President Donald Trump soon after his surprise election ignited a powerful stock market rally. "For hedge funds, this is an unmitigated benefit as their tax liabilities could drop significantly," said Robert Willens, an independent tax consultant. A manager whose hedge fund earns $50 million a...

  • April 26- Fox News faces renewed legal claims that it mistreated non-white employees, a week after network parent Twenty-First Century Fox Inc severed ties with its biggest star over unrelated sexual harassment complaints. The lawsuit was originally filed last month by two Fox News payroll employees. A Fox News spokesperson in a statement said the network...

  • April 26- Fox News is facing renewed legal claims that it mistreated non-white employees, a week after network parent Twenty-First Century Fox Inc severed ties with its biggest star over unrelated sexual harassment complaints. The lawsuit was originally filed last month by two Fox News payroll employees. A Fox News spokesperson in a statement said the...

  • TOKYO, April 26- Toshiba Corp has decided to replace its auditor after less than a year as the troubled electronics conglomerate struggles to win its approval on full-year financial statement, the Nikkei business daily reported. Earlier this month, the company filed twice-delayed business results without an endorsement from auditor...

  • *Shares hit 14- month low of $3.02 in morning trading. Shares of the company, known for its form-fitting dresses and other apparel, hit a 14- month low of $3.02 in morning trading but were later up about 7 percent. Bebe could consider filing for bankruptcy to settle favorably with landlords of their stores, Joel Levitin, a partner in law firm Cahill Gordon& Reindel's...

  • LONDON, April 21- Britain's financial watchdog is investigating five insurance brokers over information-sharing on aviation insurance, the companies said, in one of the first cases of its kind by the watchdog. Aon, Jardine Lloyd Thompson, Marsh, UIB and Willis Towers Watson issued statements saying they were cooperating with the Financial Conduct...

  • LONDON, April 21- Britain's financial watchdog is investigating four large insurance brokers over information-sharing on aviation insurance, the companies said, in one of the first cases of its kind by the watchdog. Aon, Jardine Lloyd Thompson, Marsh and Willis Towers Watson issued statements saying they were cooperating with the Financial Conduct...

  • April 21- Insurance brokers Aon, Jardine Lloyd Thompson and Willis Towers Watson are being investigated by Britain's financial watchdog as part of a wider probe into aviation insurance broking, the companies said. The Insurance Insider reported late on Thursday that the Financial Conduct Authority was investigating five aviation insurance brokers in...

  • April 21- Insurance broker Jardine Lloyd Thompson said on Friday it is under investigation by Britain's financial watchdog as part of a wider probe in to the aviation insurance sector. The Insurance Insider reported late on Thursday that the Financial Conduct Authority was investigating five aviation insurance brokers in London over the misuse of...