Tag Archives: Company

SEC Charges Truckload Freight Company With Accounting Fraud

The Securities and Exchange Commission today charged Indianapolis-based Celadon Group Inc. with an accounting fraud that allowed the truckload freight company to avoid disclosing substantial losses and misrepresent its financial condition.In a complaint filed in federal court in Indianapolis, the … Continue reading

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Legal Tech Needs Open Online Community With Company Leaders Participating

Northwestern Law Professor and widely respected author and speaker on legal tech and innovation, Dan Linna, told the UK’s Law Gazette that the lack of community leadership is stopping a true legal tech community from being formed.  I responded on … Continue reading

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Silicon Valley Company Settles Fraud Charge for Misstating Returns to Investors

The Securities and Exchange Commission today announced that Prosper Funding LLC will pay a $3 million penalty for miscalculating and materially overstating annualized net returns to retail and other investors.San Francisco-based Prosper is a marketplace lender that, through its website, … Continue reading

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Conagra Investors Sue, Allege Company Hid Problems Related To $11B Pinnacle Acquisition

A pension fund has filed a lawsuit in Illinois federal court alleging that Conagra Brands Inc. tricked investors into approving its nearly $11 billion acquisition of Pinnacle Foods Inc. Conagra, a massive packaged foods company and component of the S&P … Continue reading

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UK Supreme Court clarifies issues on parent company liability in Lungowe v Vedanta

Summary This landmark judgment from the UK Supreme Court means that the claim brought by 1,826 Zambian villagers against UK-based Vedanta and its Zambian subsidiary KCM can proceed to a trial of the substantive issues in the English courts. One … Continue reading

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