Mr. Cuomo wrote that as New York's attorney general, he had a duty to investigate "financial fraud and material misstatements".
As for Cesar, court records indicated that he had been a sales manager at Infoex International, a short-lived currency-market brokerage that was shuttered after the Commodity Futures Trading Commission charged it with "fraud" and "material misrepresentation".
For example, the International Standards Organization (ISO) is currently finalizing fraud of material goods terminology in Working Group 2 of Technical Committee 247 Fraud Countermeasures and controls (this does not include digital copyright piracy) (ISO, 2010).
With "no real way to confirm those valuations, fraud presents a material risk," the report said.
Judge Barbier said he would not rule yet on BP's claim that Halliburton committed fraud by concealing material information about the cement tests it conducted.
In its rebuttal, Barclays said: "Fundamentally, the complaint fails to identify any fraud – establishing no material misstatements, no identified victims, and no actual harm".
To fire Hunter "for cause," the union would have to prove that Hunter was guilty of embezzlement, theft, larceny, material fraud or other acts of dishonesty, Ashley said.
"Fundamentally, the complaint fails to identify any fraud – establishing no material misstatements, no identified victims, and no actual harm," Barclays said in its response to the suit.
Under the terms of Hunter's contract, that would require the union to prove embezzlement, theft, larceny, material fraud or "other acts of dishonesty," failure to perform his duties, or conviction of a felony.
In the computer, the agents found "a treasure trove of fraud and hacking material," including files containing 1,200 credit card numbers and bookmarked Web sites pertaining to theft of identity, the prosecutor, Mr. Etra, said in court.
