Exact(9)
Mr. Skilling was indicted in February on charges that he tried to disguise Enron's troubled finances while profiting from sales of stock inflated by false earnings reports.
Ultimately, federal prosecutors accused Meade of concealing large trading losses in 1998 by generating false earnings statements; they said many investors lost their life savings in the scheme.
Like other victims of the fraud the foundation received statements showing false earnings tied to the stock market, said David Homan, the foundation's New York-based executive director.
EVEN now, some companies that have acknowledged reporting false earnings have no plans to rescind the rich pensions of the executives who oversaw the misleading accounting -- life Paul A. Allaire at Xerox.
Who ought to go to jail? A. Some of the people who were touting the stock, using false earnings reports, at the same time they were selling the stock, walking away with $500 million or $600 million.
Penalties for failing to file the certificate are generally at the agency's discretion and range from nothing to fines, but certifying false earnings reports could subject executives to criminal penalties.
Similar(51)
Tieva "routinely made false and unsubstantiated earnings claims during her sales presentations at FBA Stores' live events," the FTC wrote in its complaint against Sellers Playbook.
On July 22nd it called his claim about the nutrition clubs' earnings "completely false and fabricated".
The Home Office also said the father's earnings were "false and fabricated", despite having previously assessed and approved them.
American authorities have accused him of colluding with rivals as part of a vast conspiracy to report false rates to bolster earnings.
Mr. del Missier, 50, stepped down from the British bank this month, shortly after Barclays settled British and American claims that it had submitted false rates to improve its earnings and deflect concerns about its financial health.
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