February 6, 2012

Exclusive: Hacked companies still not telling investors

Topix SEC News
At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

VeriSign 2010 Hack: DNS Data Theft A Possibility

Topix SEC News
Several successful hacks of VeriSign\’s network, in 2010, might have compromised critical information relating to the Internet\’s domain name system .

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Gateway\’s Ex-CEO and Controller Settle SEC Fraud Charges

Topix SEC News
Final judgments were entered against Jeffrey Weitzen, the former CEO of computer maker Gateway, Inc., and former controller Robert D. Manza, to settle fraud charges with the Securities and Exchange Commission.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Tengion files to raise potentially up to $30 million in public offering

Topix SEC News
Tengion Inc. said in a regulatory filing Thursday it has filed a prospectus to sell up to $30 million worth of stock, debt securities and warrants in at least one public offering.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

SEC still avoids tough sanctions on big banks

Topix SEC News
An analysis of Securities & Exchange Commission investigations over the past decade just released by The New York Times found almost 350 instances when the agency gave a pass to Wall Street institutions and other big banks, allowing them to avoid punishments meant to apply to fraud cases.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Mild temperatures reduce electricity sales for TVA

Topix SEC News
The Tennessee Valley Authority said a mild winter so far has reduced electricity sales by 5% in the first quarter of the fiscal year and will cause the utility to reconsider expenditures for the rest of the year.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Ex-Credit Suisse CDO Head Charged in Bonus Scam Says He Helped Prosecutors

Topix SEC News
A lawyer for Kareem Serageldin, the ex-global head of Credit Suisse Group AG \’s CDO business charged in a bonus-boosting fraud tied to a $5.35 billion trading book, said his client was surprised by the U.S. indictment since he has been cooperating with investigators for four years.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Toll Brothers, Inc. Announces Exchange Offer for Certain Outstanding Debt Securities

Topix SEC News
Toll Brothers Finance Corp., a wholly-owned subsidiary of Toll Brothers, Inc. , announced today that it has commenced a registered exchange offer to exchange new 5.875% Senior Notes due February 15, 2022 for any and all of its currently outstanding 6.875% Senior Notes due 2012 and 5.95% Senior Notes due 2013 .

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

CEO Meg Whitman got $16.5M HP pay package

Topix SEC News
Despite being one of the Silicon Valley tech chief executive officers getting $1 a year in salary, Meg Whitman got stock options when she took over at Hewlett-Packard Co The Palo Alto computer and services giant reported the pay package in a proxy filing with the Securities and Exchange Commission on Friday.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Behringer Harvard: \’Technical default\’ will have little impact on Frisco Square

Topix SEC News
Behringer Harvard Opportunity REIT I Inc. defaulted on the balance of $44.1 million in loans it took out for its investment in Frisco Square.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment