Articles Posted in DOJ

DOJ Probing HP / Autonomy
Samuels Yoelin Kantor LLP

(December 28) Yesterday in its annual 10-K regulatory filing, Hewlett-Packard stated that the Justice Department has opened an investigation into the accounting practices that have led the company to an $8.8B write down associated with its acquisition of Autonomy Corp. and a significant drop in HP’s share price in the last few weeks. Autonomy, acquired…

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Head of Providence Capital Indemnity Jailed
Samuels Yoelin Kantor LLP

(October 23) The president of an insurance and re-insurance company based in Costa Rica has been found guilty of criminal mail fraud and money laundering charges in connection with an international fraud scheme worth half a billion dollars. Minor Vargas Calvo of Provident Capital Indemnity sold guarantee bonds to other companies that sold “life settlement”…

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