SEC Sues IBM Over Alleged Bribes

SAN FRANCISCO - (AP) IBM Corp. has agreed to pay $10 million to settle allegations that it bribed South Korean and Chinese government officials for more than a decade to win contracts. The Securities and Exchange Commission accused the technology company of making roughly half that amount in profit from...

Thomas Gorman On The Week in Securities Litigation: July 8, 2011

The SEC and the DOJ resolved another bid-rigging case related to anticompetitive practices in the municipal securities markets. This is one of a series in an ongoing investigation. The SEC also prevailed on a summary judgment motion in an investment fraud action, filed a settled financial fraud case...

Surge Of Securities Litigation Against U.S.-Listed Chinese Companies One Of The Most Distinctive U.S. Litigation Trends

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services and Peter M. Gillon, Partner, Pillsbury Winthrop Shaw Pittman LLP One of the most distinctive U.S. litigation trends over the last twelve months has been the surge of securities class action lawsuits filed against U...