SEC Charges 4 Additional Former Officers of Nortel Networks Corporation in Financial Fraud Scheme.

Bank Holding Company to Pay $8.5 Million Civil Penalty

SEC charges Conagra Foods, Inc. in financial fraud and accounting case.

Verdict's are in, and Conrad Black has been found guilty of three counts of fraud - so the BBC announce. But has he? Sorta kinda. Mark Steyn has been covering the entire trial, and has been pretty unimpressed at the Government's cases - there were thirteen charges including racketeering, the sort of thing Al Capone did. As Steyn says the verdict is that:

Fidelity National Information Services Announces Misappropriation of Consumer Data by Employee of Certegy Check Services Division.

A Manhattan federal judge has rejected Parmalat SpA's request to dismiss an investor class-action lawsuit stemming from the Italian dairy company's December 2003 collapse in an accounting scandal, Reuters reported Monday.

Former Enron Corp. Chief Financial Officer Jeffrey McMahon will pay $300,000 to settle Securities and Exchange Commission charges that he aided and abetted the energy-trading company's financial fraud, The Associated Press reported Thursday.

Edward Greenspan, Lord Black's lawyer, accused prosecutors of invoking class prejudice to secure a conviction in the fraud trial of the former London Telegraph chairman.

KPMG, anticipating criminal charges would be a "nuclear bomb'' that would wipe out the accounting firm, pleaded with federal officials in 2005 not to indict it for selling fraudulent tax shelters, Bloomberg News reported Tuesday citing newly released internal documents.

The criminal trial against Gregory Reyes, the former Brocade Communications Systems Inc. chief executive who is charged with 10 felony counts of securities fraud and other offenses, began Monday in a packed federal courtroom, according to The Associated Press.

Utah authorities are investigating whether the chief financial officer of Usana Health Sciences Inc. misstated his accounting credentials, the latest in a series of credentials flaps for the vitamin maker, The Wall Street Journal reported Tuesday.

The Securities and Exchange Commission plans to fine Nortel Networks Corp. for accounting fraud in the first test of a policy that gives the agency's commissioners more say in corporate penalties, Bloomberg News reported Friday citing four people with direct knowledge of the matter.