Word: fraude
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...quarter of the nation's securities-fraud suits are brought against California-based firms. One target was Centigram Communications Corp. of San Jose, which was sued after its stock dropped from $14 to $11 in late 1994. Lerach accused company officials of dumping stock nine months earlier. Although a judge threw out all but one charge, Centigram decided, after nearly a year of fighting, to settle for $1.5 million, a typical corporate approach. "We did an economic analysis," says president and CEO George Sollman. "I calculated that going into court and trying this would cost us between...
...Lerach, who together with his firm has given nearly $5.3 million to the "Yes on 211" campaign, argues that the Private Securities Litigation Reform Act of 1995 made it more difficult for investors to sue and that investors need better protection from corporate abuse. "There's an epidemic of fraud against senior citizens, retirement savings, 401(k)s and IRAs, and unless stronger remedies are given to victims of that kind of fraud, it will get worse," he says. "It's time to stamp...
...industry has attracted numerous lawsuits around the country filed by customers who claim they have been ripped off. In a case that drew considerable public attention, an Alabama jury found Mercury Finance liable for fraud involving an auto-loan scheme that allegedly netted the firm hundreds of millions of dollars. The collection agencies that work hand in glove with the lenders have also been targeted for harassing or even threatening delinquents...
Robinson, a native New Yorker and decorated Vietnam veteran, promises to use the Internet to keep in touch with constituents. He also says he has a detailed plan to save Medicare, including a proposal to give cash rewards for reports of fraud. But this G.O.P.-dominated district may not reward the Democratic Robinson, especially against five-term incumbent Joel Hefley...
...dispute and now hints he knows some secrets about his opponent. Still, Parrott says he's not running for spite and won't let personal animus dictate the debate, which he says should focus on education, health care and the environment. He believes that if we could eliminate government fraud and tax breaks for the rich, there would be abundance for the poor, the young and the elderly...