sentencing

Ex-Goldman Exec Given 2 Years for Inside Trades

A former Goldman Sachs and Procter & Gamble board member once widely respected for his business smarts has been sentenced to 2 years in prison for insider trading. He also was fined $5 million.

Ex-Stanford Exec Gets 3 Years for $7 Billion Swindle

A top executive in the now-defunct empire of disgraced Texas financier R. Allen Stanford was sentenced to three years in prison Thursday for her role in helping the once jet-setting businessman bilk investors out of more than $7 billion in one of the biggest Ponzi schemes in U.S. history.

New Details in Hewlett-Packard Pretexting Case

In 2006, tech giant Hewlett-Packard grabbed headlines as it found itself immersed in the middle of a stunning pretexting scandal that would force high-profile resignations, lead to public distrust and plenty of legal action. Since then, the case seemed to have died down. But not so fast ...

Former KB Home CEO Bruce Karatz Escapes Jail Sentence

Bruce Karatz, former CEO of KB Home (KBH), was find $1 million and given five years of probation for hiding backdated stock options from auditors and regulators. Karatz will serve no jail time, but will serve eight months of home detention with electronic monitoring and perform 2,000 hours of community services, Bloomberg News said.