Fraud on the Market
Article Abstract:
The fraud-on-the-market concept may rewrite some basic rules on bringing suits. This could open new areas of liability for corporations. This new legal concept is a weapon for share holders against corporate misstatements. Of course there are legitimate defenses against charges of fraud-on-the-market. Despite the potential financial liabilities it poses, fraud-on-the-market has aroused little concern in corporate markets as yet. This is probably because no case has yet resulted in major financial penalties.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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The scam is in the mail
Article Abstract:
Small business owners are warned against fraudulent checks schemes. The instances of check fraud are increasing. Businessmen are advised to verify every check, particularly those from recent clients. The American Banker Assn gives some tips on sidestepping the acceptance of phony checks: demand two pieces of identification and confirm validity of checks from non-local banks; know what a good check looks like; if necessary, hire a verification service; and decline post-dated checks.
Publication Name: Small Business Reports
Subject: Business, general
ISSN: 0164-5382
Year: 1992
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U.S. Probes Massive Tax Fraud
Article Abstract:
A criminal investigation is underway on fictitious losses passed on to investors in a partnership trading government securities. Edward A. Markowitz is a trader who is believed to have engineered huge tax write-offs for clients. Apparently the IRS has secured Markowitz's cooperation by charging him with a lesser offense. This is believed to be one of the biggest tax fraud cases ever pursued by the government.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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