| Keep Your SOX On
There has been a lot of talk recently suggesting that the Sarbanes-Oxley Act of 2002 is driving companies away from U.S. stock exchanges to list their initial public offerings on foreign exchanges. These concerns have generated enormous debate and evoked a plethora of "solutions." The question is: Is all this hype or is there a rush to list offshore such that brokers, investment bankers, analysts, lawyers and accountants should fear that they must start looking for a job in London or Tokyo? SOX was introduced in the aftermath of a series of major corporate scandals involving Enron, WorldCom, Tyco, Global Crossing, and others, as well as several major accounting firms, most notably Arthur Andersen, which unraveled as a result of its dealings with Enron. Scandals involving these and other companies resulted in billions of dollars of investor losses and were followed by stories of excessive executive compensation, insider trading, and failures of management and board oversight.
Student pleads not guilty in hazing death
A Rider University student has pleaded not guilty to an aggravated hazing charge in connection with the binge-drinking death of a freshman this past spring. Adriano DiDonato, 22, of Princeton did not speak during the arraignment Wednesday as his lawyer Paul Norris entered the plea on his behalf. A second student, Dominic Olsen, 21, of Kenilworth was scheduled to be arraigned as well, but his hearing was delayed. Afterward, Norris said his client was devastated by the death of Gary DeVercelly Jr. of Long Beach, Calif., but said it was unfair to charge his client with hazing when he wasn't even in the room where the drinking occurred. "This is a tragic event and by no means does Adriano minimize what happened here," Norris said. "To think that one person is going to police all these people, that's a little crazy." DeVercelly had a blood-alcohol level of 0.426 percent, or more than five times New Jersey's legal limit for driving, when he was pronounced dead March 30 at a Trenton hospital, authorities have said.
Sequel sticks to the formula
"High School Musical" zipped to the top of the class last year because it followed the lesson plan established decades ago by Andy Hardy. Give 'em catchy songs, high-energy dance numbers and a cotton-candy love story. You'll fill up the barn in no time. By Neal Justin, Star Tribune Last update: August 14, 2007 – 12:44 AM .
Little news likely for a while as FBI questions vendors
The ongoing public corruption investigation in El Paso is developing in a pattern similar to public corruption cases in other cities, a couple of criminal law experts say. "Nothing that has happened there so far surprises me," said William Pizzi, a University of Colorado criminal law professor. "They worked out with someone early on to plead guilty, they named several others being investigated and they are now working to put the whole package together." Pizzi, was an assistant U.S. attorney in New Jersey, said the next step in the investigation, which El Paso is in now, is rarely public and involves the vendors who were the alleged targets of corruption. It is a phase the public rarely sees, he said. "They start contacting vendors and asking them if they are defendants or victims," he said.
San Diego Criminal Defense Center Launches New Site Architecture & Design for California Attorneys
Attorney George H. Ramos, Jr, the founder of the San Diego Criminal Defense Center in Southern California, announces the redesign and launch of the law firm's website, www.sandiegocrimedefense.com. The site overhaul offers increased user-friendliness, augmented legal defense information, online tools, and legal resources for defendants and lawyers alike. .
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