The US Securities and Exchange Commission has settled accounting fraud charges against HealthSouth founder and former CEO Richard Scrushy under an agreement announced Monday "that permanently bars Scrushy from serving as an officer or director of a public company, permanently enjoins Scrushy from committing future violations of the antifraud and other provisions of the federal [...]

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Thirty terror suspects were tortured by Afghan security forces after being being transferred from Canadian custody, the Toronto Globe and Mail reported Monday. The detainees gave accounts of being beaten, electrocuted, starved, and left in freezing temperatures while detained in Kandahar province jails. The report prompted calls for the resignation of Canadian Defense Minister Gordon [...]

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The United Kingdom cannot legally continue to provide political asylum to Russian billionaire and alleged coup plotter Boris Berezovsky and refuse to extradite him, the chairman of the Russian State Duma's Civil, Criminal, Arbitration and Procedural Law Committee said Monday. Berezovsky, who has been charged with plotting a coup against Russian President Vladimir Putin , [...]

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The US Securities and Exchange Commission (SEC) may file a lawsuit against former Apple, Inc. General Counsel Nancy Heinin for allegations of backdating two 2001 stock option grants, Heinin's lawyers said Monday. The incidents in question involved one grant to CEO Steve Jobs and another to several executives including Heinin herself. In particular, Heinin allegedly [...]

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The US Supreme Court granted certiorari Monday in US v. Santos 06-1005 , where the Court will consider the definition of proceeds in relation to illegal money laundering schemes under 18 USC 1956 . The case is on appeal from the US Court of Appeals for the Seventh Circuit. The Seventh Circuit ruled in favor [...]

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The head of Nigeria's electoral commission announced Monday that ruling People's Democratic Party (PDP) candidate Umaru Yar'Adua won the country's weekend presidential election by a landslide – taking 24.6 million votes as against 6.6 million for former army general Muhammadu Buhari – but European Union observer Max van den Berg , echoing sharp criticism of [...]

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