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House Committee ordered to court in insider probe
Court Watch |
2014/06/23 19:26
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A powerful U.S. House of Representatives committee was ordered on Friday to appear before a judge next month to explain why it should not be required to turn over documents in an insider-trading probe.
U.S. District Judge Paul Gardephe in Manhattan set a July 1 hearing for the Ways and Means Committee to appear. He also required a committee staffer, Brian Sutter, to appear. He said the committee must show why it should not be ordered to produce documents demanded by the Securities and Exchange Commission in May.
In court papers, the SEC said its probe relates to whether secrets were passed to certain members of the public surrounding an April 2013 announcement by the U.S. Centers for Medicare and Medicaid Services about a Medicare program.
Sutter, the health subcommittee's staff director, disclosed on May 9 to House Speaker John Boehner, a Republican, that he had received a subpoena from the SEC for documents and testimony along with a grand jury subpoena from federal prosecutors in Manhattan, according to the congressional record of that day.
The SEC said in its court papers that the committee and Sutter had refused to comply with the subpoenas. It said they had asserted "numerous objections, arguing, among other things, that the subpoenas are 'repugnant to public policy;' that they are vague and overbroad" and that the speech or debate clause of the Constitution entitled them to avoid producing the documents or testimony. |
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Court rules against HealthSouth in auditor dispute
Press Release |
2014/06/16 20:56
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The Alabama Supreme Court ruled against Birmingham-based HealthSouth Corp. on Friday in a legal dispute linked to the accounting fraud that rocked the rehabilitation company more than a decade ago.
The justices rejected an appeal filed by HealthSouth in a legal fight involving its one-time auditing company, Ernst & Young.
Shareholders filed a complaint on behalf of HealthSouth blaming Ernst & Young for failing to detect the $2.6 billion accounting scam that occurred under former CEO Richard Scrushy, who was acquitted of criminal charges in 2005. A civil court later held him responsible for the swindle.
An arbitration panel ruled against HealthSouth in a complaint aimed at making Ernst & Young share responsibility for the fraud, and HealthSouth appealed to Jefferson County Circuit Court. That court sided with the auditor, and HealthSouth appealed again.
The Supreme Court, in a decision written by Justice James Main, upheld the ruling against HealthSouth. The justices said there was no evidence the arbitration decision against HealthSouth was fundamentally unfair or that the panel engaged in any misconduct.
Evidence showed HealthSouth inflated its earnings by some $2.6 billion from the late 1990s through the early 2000s, when the scheme was uncovered. Fifteen HealthSouth employees pleaded guilty and jurors convicted one other.
Scrushy blamed everything on underlings but later served time in federal prison after being convicted in a bribery scheme involving former Gov. Don Siegelman, who remains in prison in Oakdale, La.
Scrushy, who maintains his innocence to all charges, now lives in Texas and sometimes lectures about corporate fraud.
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Davis Law Group, PLLC - Detroit Area DUI/DWI Attorney
Law Firm News |
2014/06/16 20:56
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DUI convictions are serious and should not be taken lightly. Don't make matters worse by representing yourself. A DUI charge does not have to affect the rest of your life. Take matters into your own hands and contact the professionals at The Davis Law Group, PLLC.We are highly skilled in the art of DUI defence, and out DUI defense attorneys know what to do to lessen your criminal punishments. A DUI conviction in Michigan can slap you with the following punishments:
* Time in jail or prison
* Driver's license suspension
* Loss of driving privileges
* Increased rates on auto insurance
* Alcohol and drug educational classes
* Conviction on your criminal record
* Points on your driver’s license
* Employment consequences
These are only several of the consequences you may face in addition to the expensive fees you may need to pay.
Our attorneys have a successful track record of winning DUI cases and have extensive experience in litigation felony and misdemeanor DUI Cases. We will represent you in the best light possible and support you every step of the way. If you're charged with DUI in the Detroit area, call the DUI Defense Attorneys at the Davis Law Group, PLLC for a free consultation. |
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Court: No blanket exemption for police dashcams
Court Issues |
2014/06/13 17:47
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The state Supreme Court has ruled that state dashboard cameras can't be withheld from public disclosure unless they relate to pending litigation.
Five of the high court's members said Thursday that the Seattle Police Department wrongly used a state statute as a blanket exemption to the state's public records act when it denied providing dashboard camera videos to a reporter with KOMO-TV. Their ruling overturns a 2012 King County Superior Court judge's ruling that said the department could withhold the videos for three years.
The majority awarded KOMO attorney fees and sent the case back to the lower court.
Four justices argued that the statute was clear that that the recordings should not be released to the public until completion of any criminal or civil litigation. |
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