Archives
_________::::____#211 - June 29, 2006________________
#211 Updated: 6/28/06 11:38 p.m.

06/29/06 Morgan Stanley Hit with $10M SEC Fine
Securities giant Morgan Stanley will pay a $10 million fine to the Se curities and
Exchange Commission after failing to maintain safeguards to prevent the misuse
of inside information

06/28/06  Sailing Widow Sued for Embezzlement
The widow of an Exeter lawyer, believed to have drown during a sailing trip with
his son, is being sued by her late husband’s law partner for allegedly embezzling
funds from the firm.

06/28/06 Morgan Stanley Asks Court to Reverse $1.6 Bln Verdict
Morgan Stanley, the world's second- biggest securities firm, asked a Florida
appeals court today to throw out a $1.57 billion award to financier Ronald
Perelman in a lawsuit over the sale of Perelman's Coleman Co. to Sunbeam Corp.

06/28/06 NJ Court: KPMG Can Be Sued in Fraud Case
Shareholders of a company that went bankrupt after a fraud by some officers can
sue its accounting firm on charges it failed to detect the fraud, New Jersey's
Supreme Court ruled Wednesday.

06/28/06  ACFE’s Highly-Anticipated Report to the Nation to be published in June
According to research conducted by the Association of Certified Fraud Examiners
(ACFE), U.S. organizations lose an estimated 5 percent of annual revenues to
fraud.
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