| Archives |
| _________::::____#169 - April 28, 2006________________ |
| #169 Updated: 4/27/06 10:17 p.m. 04/27/06 Prosecutor keeps the heat on Lay Ken Lay is accustomed to being in control, and today he tried to rule his cross-examination from the witness stand. 04/27/06 Ingles settles SEC accounting fraud claims Supermarket chain Ingles Markets Inc. (IMKTA.O: Quote, Profile, Research) settled claims it improperly accounted for certain vendor rebates or allowances, the U.S. Securities and Exchange Commission said on Thursday. 04/27/06 Ex-CFO Pleads Guilty to 2 Fraud Charges The former chief financial officer of Patterson-UTI Energy Inc., accused of embezzling more than $77 million from the second-largest land-based oil and gas drilling rig fleet in North America, pleaded guilty Thursday to a pair of fraud-related charges. 04/27/06 Group's former finance chief guilty of fraud The former finance director for the Texas Land Title Association was convicted late Wednesday of fraud in a scheme that reaped more than $140,000. 04/27/06 SEC Rolls Up Accounting Fraud Auto-parts maker and several former executives inappropriately increased income and revenue to ''meet corporate earnings targets and mask declining operating results,'' the regulator alleges. 04/27/06 Judge Won't Dismiss SEC Charges v. Ex-Citigroup Execs A federal judge in Manhattan has denied a motion to dismiss allegations that two former Citigroup Inc. executives cheated customers out of millions of dollars in savings. |