Financial Fraud Law

Recent Posts

Wealthy Americans Cheated the IRS with Credit Suisse's Help, Senate Tax Evasion Report Says
Posted on 26 Feb 2014 by Steven A. Meyerowitz

A bipartisan staff report entitled, “Offshore Tax Evasion: The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore Accounts,” issued by the U.S. Senate’s Permanent Subcommittee on Investigations has found that, for years, Credit... Read More

17 Large Banks Manipulated LIBOR, FDIC Claims
Posted on 15 Mar 2014 by Steven A. Meyerowitz

The Federal Deposit Insurance Corporation, as receiver for dozens of failed banks including Washington Mutual and IndyMac Bancorp, has sued 17 large banks, alleging that they manipulated LIBOR – the London interbank offered rate – over approximately... Read More

The ‘B’ Word is #5 in Financial Fraud Law for the Year
Posted on 27 Dec 2013 by Steven A. Meyerowitz

Consider these recent financial fraud-related settlements: - SAC Capital Pleads Guilty to Insider Trading and Will Pay $1.8 Billion; - Johnson & Johnson to Pay More than $2.2 Billion to Resolve Criminal and Civil Investigations; - Rabobank... Read More

Credit Suisse Sued Over Sale of More than $10 Billion in Mortgage Backed Securities
Posted on 18 Dec 2013 by Steven A. Meyerowitz

The State of New Jersey has filed a lawsuit against Credit Suisse Securities (USA) LLC and two of its affiliates alleging that they offered more than $10 billion in residential mortgage backed securities trusts for sale while misrepresenting the risks... Read More