U.S. can pursue China documents from Deloitte – federal judge [Reuters]
The U.S. securities regulator can pursue efforts to obtain certain audit work papers from Deloitte's China unit, a federal judge said on Monday, giving some latitude for the U.S. government to investigate potential misconduct at Chinese companies listed in the United States. The U.S. Securities and Exchange Commission can move forward with its attempt to force Deloitte Touche Tohmatsu CPA Ltd to comply with a subpoena related to a fraud investigation into a Chinese technology company Longtop Financial Technologies Ltd , Magistrate Judge Deborah Robinson said.
Arguments begin in H&R Block suit against Turbo Tax ‘attack ad’ [KCBJ]
Court arguments began Monday in H&R Block Inc.’s attempt to have its main competitor’s TV commercials taken off the air. U.S. District Judge Fernando Gaitan heard testimony from a consumer behavior expert who conducted a survey for Block (NYSE: HRB) of viewers’ reactions to ads aired by Intuit Inc., the maker of Turbo Tax software. Carol Scott, a retired UCLA business professor, said the commercials contained an ineffective disclaimer that confused viewers about the relative popularity of the two companies’ products and services.
If you're looking for some excitement.
Andrew Mason – Groupon Farewell Memo [RapGenius]
The annotated version.
Fake bishop sneaks into Vatican meeting with 100 real cardinals [NYDN, Earlier]
A man dressed as a bishop sneaked into the meeting of more than 100 cardinals at the Vatican Monday, managing to commiserate with the Catholic princes before being thrown out by Swiss Guards. Prankster Ralph Napierski donned a short cassock, “an unusual” cross necklace, and a purple sash that was actually a scarf, according to Italy’s Gazzetta del Sud. Instead of a skullcap he wore a black fedora. He told reporters his name was “Basilius,” and a member of the "Corpus Dei,” a German church described online as a “Catholic Order after episcopal law.”
