‘Enforcement 40’ for 2020
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By Securities Docket on November 25, 2019, 8:31 am
Ex-Tesco director is acquitted over £250m fraud scandal as Serious Fraud Office offers no evidence – just weeks after judge dismissed case against his two colleagues for being too ‘weak‘ Tesco‘s former UK finance director has been cleared over a £250 million fraud and false accounting scandal after the scandal-hit Serious Fraud Office (SFO) dropped […]
By Securities Docket on August 16, 2017, 11:18 pm
A jury found Jessie Roberts, a Louisiana dentist who claimed what the government called an illegal tip was just a rumor, not guilty of insider trading. U.S. v. Roberts, No. 15-ct-00020 (M.D. La. Filed Feb19, 2015). The case centered on trading in advance of the acquisition of the Shaw Group, Inc. by Chicago Bridge & […]
By Securities Docket on August 11, 2017, 9:28 am
Federal prosecutors had alleged that Jesse H. Roberts III reaped a $700,000 profit from confidential information allegedly provided by his brother-in-law, Scott David Zeringue. Roberts was found not guilty on one count each of securities fraud and conspiracy to commit securities fraud. He did not testify in his own defense. The jury deliberated for about […]
By Securities Docket on September 9, 2013, 9:28 am
Former Opes Prime director Julian Smith walked away from the Victorian Supreme Court yesterday a free man, not guilty of any crime associated with the $700 million collapse of the company. The acquittal of Smith on charges he duped a bank into lending him $95 million just days before Opes Prime collapsed is a loss […]
By Securities Docket on January 15, 2013, 8:36 am
Nortel’s former chief executive, chief financial officer, and corporate controller found not guilty of misstating Nortel’s financial results between 2000 and 2004.
By Securities Docket on December 20, 2012, 1:49 pm
Acquittals in insider trading cases are rare but it turns out that they do exist.
By Securities Docket on August 6, 2012, 12:24 pm
Stoker verdict a setback in government’s effort to pursue individuals for conduct in financial crisis.
By Securities Docket on April 28, 2011, 6:04 pm
Lauer acquitted by federal jury of securities fraud and related charges.
By Securities Docket on February 12, 2010, 4:20 pm
Judge finds evidence of intent “substantially lacking.”
By Securities Docket on December 15, 2009, 4:29 pm
Citing prosecutorial misconduct, court dismisses charges against two remaining Broadcom defendants.