Avon quickly indicated the offer from a purported U.K. private equity firm was bogus.
As companies push into Europe, the Middle East, India, and Africa, executives are being pressured into higher risk behaviors, says E&Y.
The FHFA said two-thirds of the mortgage loans underlying securities the banks sold had underwriting defects.
A hedge fund agreed to settle charges that it retaliated against a trader who reported securities law violations.
The wood flooring company faces an investigation from the Department of Justice. It has also replaced its CFO.
Dan Gilbert fires back at the Justice Department over lawsuit regarding the underwriting of Federal Housing Administration mortgage loans.
Recent cases underscore the need for tight internal controls.
The CFTC also charged the British trader with manipulation of the price of E-mini S&P 500 futures contracts from April 2010 to the present.
The lawsuit accused Freddie Mac executives of misleading investors about the amount of subprime housing loans on the GSE's books.