PAPER CHASE NEWSBURSTDigest RSS feedFull RSS feed
Serious law. Primary sources. Global perspective.
Listen to Paper Chase!


Friday, January 16, 2004

Adecco accounting scandals leads to ouster of executives
Amit Patel at 2:04 PM ET

In Friday's corporations and securities law news, Adecco, the world's largest employment agency, announced today that its chief financial officer and the head of its North American operations are leaving the company amid fears of serious accounting issues in its US office. AP has more.... Sources have indicated that accountant Richard Causey could be the next former Enron executive to face criminal charges. AP has more.... In related Enron news, the attorney for former Enron chairman Ken Lay has accused Andrew Fastow of being the mastermind behind the collapse of the energy giant. The accusations come in the wake of Fastow's agreement to cooperate with prosecutors on the downfall of Enron. Reuters has more. The NASD (National
Association of Securities Dealers) has fined former Credit Suisse First Boston banker Frank Quattrone $30,000 and suspended him from working on Wall Street for one year for failing to cooperate with securities regulators. The Street.com has more.
  • click for previous corporations and securities law news



  • Link | |  | print | subscribe | RSS feeds | latest newscast | Facebook page

    For more legal news check the Paper Chase Archive...


    Get JURIST legal news delivered daily to your e-mail!

    '); echo "\n"; ?>
    LATEST FORUM

    ABOUT

    Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.

    CONTACT

    Paper Chase welcomes comments, tips and URLs from readers. E-mail us at JURIST@pitt.edu