If You Let 23-Year-Olds Sign Off on Audits, You’re Gonna Have a Bad Time
On January 24, short seller Hindenburg Research dropped a report called Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History, in which Hindenburg accuses Indian conglomerate Adani Group of engaging in “a brazen stock manipulation and accounting fraud scheme over the course of decades,” among other things. A […]
Defense Attorney for Ex-Dewey CFO Asks Jurors to Bust Out Their Sarcasm Detectors
Ex-Dewey & LeBoeuf CFO Joel Sanders is on trial along with ex-Chairman Steven Davis and former executive director Stephen DiCarmineis for cooking the books at their law firm that went bankrupt in 2012. Opening statements in the case were made yesterday but today, Mr. Sanders's attorney Andrew Frisch had his turn and he can explain […]