Daily Archives: July 29, 2017, 11:57 am

DOJ, SEC Drop Probe Into IBM-But Without Public Explanation | Corporate Counsel

IBM said Thursday that both the U.S. Securities and Exchange Commission and the U.S. Department of Justice have closed their five-year investigations into foreign bribery allegations without taking any enforcement action against the company, and without a public announcement. Such “silent” declinations have critics asking why the DOJ sometimes releases details about some decisions to decline prosecution, but refuses to…

Read More

Las Vegas gambler linked to golfer Phil Mickelson gets five years in prison for insider trading | SPIN.ph

A Las Vegas gambler linked to golfer Phil Mickelson was sentenced Thursday (Friday, Manila time) to five years in prison by a judge who said the businessman collected tens of millions of dollars illegally in the stock market to seem like “a winner” to himself and others. U.S. District Judge P. Kevin Castel rejected the recommendation of probation officials and…

Read More