Search

Reports on the charges against former Federal Bureau Investigation (FBI) agent, Jeffrey A. Royer on stock manipulation scheme in New York. Conspiracy with investigative reports about companies that were illegally taken from FBI; Disclosure of the bits of evidence revealed in the case; Discovery of the evidence.

Reports on the plan of James R. Brown, former executive of Adelphia Communications Corp., to plead guilty and testify in the case against the Rigas family members who founded the company.

Provides an update on the bankruptcy case of WorldCom Inc. such as the approval of its employee retention plan in the U.S. as of October 30, 2002.

Discusses the legal strategies of Sam Waksal, former chief executive officer of ImClone Systems Inc. Guilty plea of Waksal to crimes including securities and bank fraud; Efforts of Waksal to keep family members from facing criminal charges and to win a lenient prison sentence; Idea that a presentencing hearing could allow prosecutors to present evidence of crimes to which Waksal did not plead guilty.

Reports that Samuel Waksal, former chief executive of ImClone Systems Inc., is expected to plead guilty to charges of insider trading on October 15, 2002.

Reports that former ImClone Systems Inc. chief executive Sam Waksal has pleaded guilty to insider trading and other charges. Plans of prosecutors to investigate claims that he tipped off others; His cooperation in investigations of other stock trades of ImClone stock by non-family members; Possible effect of his case on legal action against investor entrepreneur Martha Stewart.

Discusses the investigation of the sale of ImClone Systems Inc. shares by Martha Stewart. Widening of the investigation to include whether he public statements about the sale constituted securities fraud; Allegations that Stewart violated insider-trading rules relating to her sale of shares.

Reports on the decision of former WorldCom Inc. accounting executive Buford Yates Jr. to plead guilty on charges of conspiracy with the company's accounting fraud.

Reports that Peter Bacanovic, a former Merrill Lynch & Co. stockbroker, has been pressured by federal prosecutors to testify against Martha Stewart for alleged insider-trading violations. Outlook for Bacanovic to face charges in the investigation; Plea of guilty by Douglas Faneuil, a former sales assistant of Bacanovic, of a misdemeanor charge.

Focuses on U.S. federal securities law and corrupt investment practices such as insider trading. Bar of trading on material nonpublic information; Mention of Martha Stewart, who is implicated in insider trading with ImClone Systems Inc.; Advice on how to avoid legal problems in investing.

Report that Martha Stewart was charged with selling stock of ImClone Systems Inc. based on inside information. Role of stockbroker Peter Bacanovic of Merril Lynch & Co. in the transaction; Federal securities law in the U.S., which bars trading on material, nonpublic information.

Reports on the use of the 1921 Martin Act by New York state prosecutors investigating corporate securities fraud. Efforts of attorney general Eliot Spitzer to regulate Wall Street practices, including a lawsuit he filed against several telecommunication executives seeking the return of ill-gotten profits from stock sales; Possible consequences of his allegations; Role of investment bank Salomon Smith Barney in these practices; Details of the Martin Act.

Reports on the amount of attorneys' fees awarded to a group of law firms for their role in suing tobacco companies in New York.

Focuses on the plea negotiations between prosecutors and lawyers for former ImClone Systems Inc. chief executive officer Samuel Waksal.

Reports on the guilty plea of David Mayers, former controller of WorldCom Inc., to three felony counts in a U.S. federal court in September 2002.

Reports on the indictment of former executives of Adelphia Communications Corp. on charges of defrauding investors.

Reports that Douglas Faneuil, a Merrill Lynch & Co. brokerage assistant, will plead guilty to a misdemeanor charge and give testimony to U.S. federal prosecutors against Martha Stewart for the suspicious sale of ImClone Systems Inc. stock. Significance of the plea for the investigation; Suggestion that prosecutors may file charges against Stewart; Evidence that Faneuil will provide about a stop-loss order; Indictment of Samuel Waksal, chief executive at ImClone.

Reports on the plan of U.S. federal prosecutors to seek the indictments of five former Adelphia Communications Corp. executives arrested in July 2002 on criminal charges of looting the company.

Reports on the charge imposed by Manhattan, New York District Attorney Robert M. Morgenthau against former chief executive L. Dennis Kozlowski of Tyco International Ltd. and its former chief financial officer Mark H. Swartz with counts of grand larceny, enterprise corruption and falsifying business records.

Details the investigation on the sale of stocks owned by Martha Stewart in ImClone Systems Inc.

Reports on the investigation of the U.S. Justice Department into events at Sunbeam Corp. during the 1996-1998 tenure of former chief executive Albert J. Dunlap and his chief financial officer, Russell Kersh.

Reports on the plan of federal prosecutors to seek grand-jury indictment of Scott Sullivan, formed chief finance officer of WorldCom Inc. in connection with the accounting fraud of the company.

Reports on the plan of U.S. federal prosecutors to seek an extension to indict members of the Rigas family who founded Adelphia Communications Corp.

Reports the allegations of insider trading in company stock sales in a lawsuit filed against home decorator and businesswoman Martha Stewart by Howard Rosen, shareholder at Martha Stewart Living Omnimedia Inc. at the U.S. District Court in New York City.

Reports on the not guilty plea of ImClone Systems Inc. Chief Executive Samuel Waksal to charges of fraud.

Reports that Mariana Pasternak, a friend of Martha Stewart, is cooperating with an investigation into possible insider trading activities of Stewart. Criminal investigation into the sale of ImClone Systems Inc. stock by Stewart; Drop in the share price of the company following the rejection of a drug application by the U.S. Food and Drug Association; Details of the investigation.

Reports that U.S. federal investigators are negotiating an agreement with Merrill Lynch & Co. trading assistant Douglas Faneuil in which he could receive immunity from prosecution in exchange for testimony against Martha Stewart. Case in which Stewart allegedly was involved in insider trading with ImClone; Inditement of Samuel Waksal, the founder of ImClone, by a federal grand jury, on insider trading charges.

Reports that members of the Rigas family, which founded Adelphia Communications Corp., are under investigation for possible tax violations. Allegations that family members looted the company; Charges that John J. Rigas and two of his sons used the company to obtain money for personal uses; Allegations of insider dealing.

Focuses on former WorldCom Inc. executives charged by U.S. federal prosecutors in New York.

Reports on the prison term being demanded by prosecutors of Samuel Waksal, former chief executive officer of ImClone Systems Inc., in line with his insider-trading charges.

Reports on the continuing plea discussions of federal prosecutors with Samuel Waksal, former ImClone Systems Inc. chief executive after a judge has granted another extension in the deadline to indict him on insider-trading charges in New York.

Reports on the imprisonment of former Sotheby's Holdings Inc. Chairman A. Alfred Taubman on July 25, 2002 after a U.S. federal appeals court upheld his conviction on price-fixing charges.

Focuses on the arrest of former executives from Adelphia Communications over fraud charges on July 24, 2002. INSET: Adelphia: A Cable Dynasty Unravels.

Reports on the decision of the U.S. Justice Department to assign U.S. attorney James Comey to lead the investigation into the accounting fraud at WorldCom Inc.

Reveals the plan of U.S. federal prosecutors to seek an extension of the July 12, 2002 deadline to indict Samuel Waksal, former chief executive officer of ImClone Systems Inc.

Reports that lifestyle and media entrepreneur Martha Stewart has hired criminal defense attorney Robert Morvillo to help defend her against United States charges of insider trading and obstruction of justice. Details of these charges, which involve her sale of ImClone Systems Inc. stock; Comments from Morvillo on why he was hired; His career in criminal defense.

Reports on the issuance of subpoenas to top executives of WorldCom Inc. in relation to the company's involvement in an accounting scandal.

Discusses the investigation of the stock trading practices of Martha Stewart and of her stock broker, Peter Bacanovic. Work of Bacanovic for Merrill Lynch; Question of whether Stewart lied to federal authorities about her sale of shares of ImClone Systems Inc.; Fall in the price of shares in Martha Stewart Living Omnimedia Inc.

Reports that federal prosecutors have widened their probe of Martha Stewart beyond insider trading to include possible obstruction of justice and making false statements. Suggestion that she misled prosecutors in explaining why she sold shares of ImClone Systems Inc. immediately before damaging news about the company was made public; Sale of stock by former chief executive Samuel Waksal who was a friend of Stewart's.

Reports that Peter Bacanovic, a stock broker of Merrill Lynch & Co., has agreed to meet with congressional investigators in June 2002 concerning the selling of all of its shares of ImClone Systems Inc.

Reports that broker Peter Bacanovic will face Congressional investigators regarding the inside information that his client, Martha Stewart, received when she sold her stocks in ImClone Systems Inc. in December 2001.

Focuses on issues surrounding the inside trading charges against home-decorator Martha Stewart involving her stocks in ImClone Systems Inc.

Reports that U.S. federal prosecutors are actively investigating whether Martha Stewart had inside information when she sold her stock in ImClone Systems Inc. on the day before the Food and Drug Administration announced its refusal to approve ImClone's cancer drug. Fact that Stewart is a friends of ImClone founder Samuel Waksal, who was arrested on insider-trading charges; Decline in the stock price of Martha Stewart Living Omnimedia.

Reports that Samuel Waksal, former chief executive officer of ImClone Systems Inc., was arrested and charged with insider trading. Allegations that Waksal sold his stock in ImClone and tipped off family members after learning that federal regulators would soon reject the company's cancer drug; Fact that Martha Stewart, a friend of the Waksal family, sold many shares of ImClone the day before the regulatory rejection was announced; Implications for the biotechnology industry.

Reveals that U.S. intelligence officials have been able to identify and arrest Jose Padilla, a suspected terrorist involved in a plot to build and detonate a dirty bomb in the U.S. through the help a captured senior al Qaeda leader.

Reports that Alan Bond, a once-prominent money manager, was convicted on charges of three counts of investment-advisory fraud and three counts of mail fraud. Evidence that Bond allocated winning trades to his own brokerage account while burdening his clients with the losers; Possibility that Bond will face another trial on charges related to an earlier indictment for a kickback scheme; Highlights of the cases.

Profiles New York prosecutor Robert Morgenthau. His history of prosecuting white collar crimes; His indictment of former Tyco International Ltd. Chief Executive L. Dennis Kozlowski on charges of conspiring to evade New York sales taxes; Biographical information.

Reports on former Tyco International Ltd. chief executive L. Dennis Kozlowski, who is accused of conspiring with art galleries to avoid paying a large amount of sales tax on works of art. His indictment in New York; How Kozlowski allegedly shipped empty crates to Tyco's headquarters in Exeter, New Hampshire, while actually taking the paintings to his New York City apartment; Kozlowski's potential prison time if convicted. INSET: The Artful Tax Dodger?.

Presents information on the affidavit filed by the U.S. Federal Bureau of Investigation against the lawyer of a convicted Egyptian cleric stating that terrorists bombed the USS Cole ship in Yemen in October 2000.

Presents an update on the investigation of the stock fraud case of Jeffrey A. Royer, ex-agent of the U.S. Federal Bureau of Investigation, as of May 31, 2002.