US District Court Judge Clarence Cooper has ruled that the Cobb County School District in Atlanta must remove an evolution disclaimer inside textbooks. The stickers inside the science books stated "Evolution is a theory not a fact."...
A five-day military court hearing for an unidentified Navy SEAL lieutenant accused of abusing an Iraqi prisoner at Abu Ghraib prison has concluded. Prosecutors said actions by the lieutenant were "unacceptable by any...
Leading Thursday's corporations and securities law news, the SEC is considering a combined settlement with several brokerage firms in its probe of the $204 billion auction-rate bond market. The SEC's investigation has uncovered several potential violations related...
Leading Wednesday's corporations and securities law news, the SEC will bring an enforcement action against the NYSE for failing to supervise its floor-trading specialists. The action, which is expected to be brought by mid-February, will...
In Tuesday's corporations and securities law news, Thom Calandra, former chief commentator for CBS MarketWatch , will pay at least $540,000 in penalties to settle fraud charges with the SEC . The charges stem from allegations Calandra...
In Monday's corporations and securities law news, the SEC has announced that Southwest Securities Inc., a subsidiary of SWS Group Inc., will pay $10 million to settle charges of market timing of mutual fund shares. Southwest will pay back...
Congressional negotiators have reached a deal with the chief Republican opponent of legislation which will revamp the country's intelligence agencies. The bill, which will go to a final vote, is meant to follow the recommendations of the 9/11 commission....
Military judge Colonel James Pohl ruled today that statements by President Bush and top military leaders relating to the alleged abuses at Abu Ghraib prison were not specific enough to taint the jury pool for next month's trial of...
The Democratic Party has launched a probe into reported voting problems in Ohio. Outgoing Democratic National Committee Chairman Terry McAuliffe indicated Monday that the party will pay for a panel to study complaints from Ohio voters about uncounted votes,...
Eight soldiers have filed a lawsuit in federal court challenging the Army's stop-loss program which requires troops to serve longer than the terms in their enlistment contracts. Under the stop-loss program, the Pentagon may extend enlistments during war or...
