Topic
Accounting Practices
16 published works
Boston ERISA & Insurance Litigation Blog
Freddie Mac’s Stock Drops, then Settles
The mortgage giant Freddie Mac has now agreed to a settlement of claims against it stemming from the effect of questionable accounting on the stock holdings of employees enrolled in…
The D&O Diary
Notes from Around the Web
Numbers Pressure: In an article in its May 2006 issue, CFO Magazine reports the results of a survey of finance executives. Among other things, the survey participants were asked:Do you…
White Collar Crime Prof Blog
Here Comes an Ostrich (Instruction)
By Ellen Podgor
With former Enron CEO Ken Lay having completed eight days of testimony, the Enron conspiracy prosecution is winding down and the case may go to the jury in less than…
White Collar Crime Prof Blog
Home Depot Subject of SEC Informal Investigation
By Ellen Podgor
The Home Depot Inc. disclosed that it is the subject of an SEC informal investigation into its accounting for vendor rebates on returned goods. The probe concerns refunds paid by…
White Collar Crime Prof Blog
SEC Bumps Up OfficeMax Case to Formal Investigation
By Ellen Podgor
OfficeMax announced that the SEC notified the company that an informal investigation into its accounting practices related to vendor payments has now become a formal investigation (press release here). OfficeMax…
White Collar Crime Prof Blog
Alcoa Discloses Informal SEC Accounting Investigation
By Ellen Podgor
Alcoa Inc. disclosed in its annual report (available here) filed on Friday, Feb. 18, that the SEC has begun an informal investigation of the company's accounting for "certain trade payables…