Web Directory

» CAMCO Settles FTC Charges
   FTC had alleged that CAMCO and its subsidiaries indulged in abusive and deceptive collection practices violating federal law. [FTC]
   http://www.ftc.gov/opa/2004/03/camco.htm

» FTC Charges QVC Home Shopping Channel With Making Deceptive Claims
   DOJ sues QVC for unsubstantiated claims for Lite Bites weight-loss products and Bee-Alive royal jelly dietary supplements. Also alleges same for Lipofactor Cellulite Target Lotion. {FTC]
   http://www.ftc.gov/opa/2004/03/qvc.htm

» KFC’s Claims That Fried Chicken Is a Way to “Eat Better” Don’t Fly
   Kentucky Fried Chicken settles FTC charges that it made false claims about fried chicken’s nutritional value and compatibility with popular weight-loss programs. [FTC]
   http://www.ftc.gov/opa/2004/06/kfccorp.htm

» KPMG 'obstructed US tax inquiry'
   The US Justice Department accuses accountancy firm KPMG of obstructing an IRS investigation into tax shelters. [BBC]
   http://news.bbc.co.uk/1/hi/business/3312721.stm

» Mutual Fund Manager MFS Settles with SEC
   Massachusetts Financial Services Company (MFS) allegedly used brokerage commissions on mutual fund transactions to illegally pay for their marketing and distribution. [SEC]
   http://www.sec.gov/news/press/2004-44.htm

» PBHG Funds and Pilgrim Baxter Charged With Fraud
   SEC charges the founders with fraud in connection with market timing of the Funds.
   http://www.sec.gov/news/press/2003-161.htm

» SEC Charges CMS Energy Corp. with Fraud in Round-Trip Energy Trades
   According to SEC, CMS arranged "massive pre-arranged trades that, despite lacking economic substance, grossly inflated CMS's reported revenues." [SEC]
   http://www.sec.gov/news/press/2004-38.htm

» SEC Charges Former CIBC Managing Director With Fraud
   Paul A. Flynn charged with providing financing to hedge funds he knew were engaged in unlawful market timing and late trading of mutual funds.
   http://www.sec.gov/news/press/2004-12.htm

» SEC Charges Gateway with Fraudulent Earnings Manipulation Scheme
   The company gave the false and misleading impression that it was outpacing an industry trend of decreasing sales of personal computers.
   http://www.sec.gov/news/press/2003-157.htm

» SEC Charges Martha Stewart, Broker Peter Bacanovic with Illegal Insider Trading
   Complaint alleges that Stewart committed illegal insider trading when she sold stock of ImClone Systems after receiving an unlawful tip from Bacanovic and subsequently both lied during investigation.[SEC]
   http://www.sec.gov/news/press/2003-69.htm

» SEC Charges Security Trust in Trading Schemes
   Company facilitated fraudulent mutual fund late trading and market timing schemes,
   http://www.sec.gov/news/press/2003-164.htm

» SEC Files Civil Fraud Case Against Fleet for Market Timing Arrangements
   It charged that FleetBoston's Columbia Management Advisors and Columbia Funds Distributor allowed certain customers to engage in short-term and excessive trading, while prohibiting others. [SEC}
   http://www.sec.gov/news/press/2004-20.htm

» SEC to Settle Charges Against Bank of America for Market Timing and Late Trading
   SEC had charged that the BoA's Capital Management and Securities subsidiaries facilitated market timing and late trading by Canary hedge fund and others. [SEC]
   http://www.sec.gov/news/press/2004-33.htm

» SEC's Agreement to Settle Civil Fraud Charges Against Fleet for Undisclosed Market Timing
   SEC had charged that Fleet's subsidiaries Columbia Management Advisors and Columbia Funds Distributors allowed certain preferred mutual fund customers to engage in short-term and excessive trading. [SEC]
   http://www.sec.gov/news/press/2004-34.htm

» Settlement Reached With Five Specialist Firms
   They allegedly violated Federal Securities Laws and NYSE Regulations by executing orders for their dealer accounts ahead of executable public customer or "agency" orders. [SEC]
   http://www.sec.gov/news/press/2004-42.htm

» Tower Records' Security Flaw Exposed Customers’ Personal Information
   MTS and Tower Direct settled Federal Trade Commission charges of exposing customers’ personal information to other internet users, in violation of federal law. [FTC]
   http://www.ftc.gov/opa/2004/04/towerrecords.htm