N.Y. Comptroller Bans Placement Agents for State Pension Fund. http://bit.ly/hpsZx #sdx # Senators Propose Additional $20mn for SEC Enforcement. http://bit.ly/qZolH #sdx # Former U.S. Attorneys Johnny Sutton and John Ratcliffe Join New Ashcroft Law Firm. http://bit.ly/17jOQE #sdx # Former GC of Peregrine Systems Sentenced to One Day in Custody, 6 Months Home Detention for Role in Alleged Fraud. http://bit.ly/sZXsW #sdx…
Former U.S. Attorney General John Ashcroft continues to build out his unique new law firm on a national level. The model for the law firm, which thus far appears to be based on Ashcroft teaming up with former U.S. Attorneys in different states, was advanced again today as Johnny Sutton, the former U.S. attorney for the Western District of Texas…
Richard Nelson, the former general counsel of Peregrine Systems, has been sentenced to one day in custody and six months of home detention for his role in an alleged accounting fraud at the company. The National Law Journal reports that Nelson also was ordered to pay a $20,000 fine and provide 200 hours of community service. He has already served…
In Fort Worth, Texas, police say a high-ranking official in the SEC’s Forth Worth office has been accused of assaulting a police officer. The AP reports that Police Sgt. Pedro Criado says J. Kevin Edmundson, Associate Director in the SEC’s Fort Worth Regional Office, was arrested downtown Saturday after he resisted officers who intended to arrest him for public intoxication.…