Counsel News and Events for Attorneys and Executives

Criminal Law

Ex-Jefferies & Co. Managing Director Has Warning for Court

NEWS
Any business transaction involving simple negotiations could be subject to prosecution, former Jefferies & Co. managing director Jesse Litvak warned an appeals court inn an attempt to have his securities fraud conviction thrown out, Bloomberg Businessweek reported.

Attorney Sentenced to Five Years in Prison for Defrauding Investors

NEWS
The U.S. Department reported that the ex-GC of an underwriters company was sentenced to five years in prison on Nov. 14 , followed by three years of supervised release, for a wire fraud conspiracy, wire fraud and obstruction of justice.

Securities-Fraud Scheme Lands Ex-COO 30 Months in Prison

NEWS
Stephen Shea, the former chief operating officer of brokerage firm Sky Capital LLC, has been sentenced to 30 months in federal prison for his part in a $140 million securities-fraud scheme.

Holiday Workers Need Background Checks, Too

NEWS
Because temporary employees usually have access to your place of business, and they interact with your permanent work force and maybe even clients, it’s important to be sure they can be trusted, advises EmployeeScreenIQ.