| Archives |
| _________::::____#102 - January 11, 2006_________________ |
| #102 Updated: 1/11/06 7:04 a.m. 01/11/06 Report: IRS Freezes Suspicious Refunds The Internal Revenue Service freezes tens of thousands of tax refunds it deems questionable without telling people that they're suspected of fraud, the nation's taxpayer advocate said Tuesday. 01/11/06 Shell Investors Sue over Accounting Scandal A group of major shareholders is suing Royal Dutch Shell PLC for several hundred million dollars in damages after the company's 2004 oil reserves accounting scandal. 01/10/06 Enron’s Lasting Influence With the former Enron executives finally coming to trial, we are reminded again of the long shadow cast by the implosion of the company that helped enact the Sarbanes-Oxley (SOX) Act of 2002. 01/10/06 Spitzer proposes 25 pct as mark for price gouging New York retailers of gasoline or other products would be presumed to be illegally price-gouging under a new law if they raised their prices or markups 25 percent or more after a market disruption like a hurricane, the state's attorney general said on Tuesday. 01/10/06 Software Maker Settles with SEC for $50M McAfee Inc., a manufacturer of computer security software, agreed to pay a $50 million civil penalty to settle securities fraud charges brought by the Securities and Exchange Commission. 01/09/06 AmeriDebt founder settles with FTC, former customers over alleged hidden fees The founder of the credit counseling firm AmeriDebt on Monday agreed to pay $35 million to settle suits filed by regulators and former customers over $172 million in allegedly hidden fees the company collected from financially strapped debtors. |