Daily Archives: June 9, 2015, 4:09 pm

Innocent Attorney Tries to Clear Name He Shares With Securities Fraudster | Compliance Week

Itamar Cohen, age 52, of Thornhill in Ontario, Canada recently pleaded guilty in New Jersey to a $17 million stock fraud. This has created considerable stress and drama for Itamar Cohen, age 53, of Thornhill in Ontario, Canada — an innocent attorney who is the victim of this unfortunate coincidence. via Innocent Attorney Tries to Clear Name He Shares With…

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HP pays $100 million to settle shareholder class-action suit | Reuters

Dutch pension fund manager PGGM said on Tuesday Hewlett-Packard had agreed to pay $100 million to settle a class-auction lawsuit relating to the company’s 2011 acquisition of Autonomy, a “big data” analysis company. PGGM alleged that HP made “false and misleading” statements about Autonomy’s value and the reasons for its “poor performance” after HP’s $11 billion acquisition of the company.…

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