SEC Questions LAUSD Officials On Use Of Bonds For iPad ProjectThe Securities and Exchange Commission recently questioned Los Angeles Unified School District officials as part of informal inquiry into whether they properly used bond funds for a beleaguered $1.3 billion project to provide an iPad for every student.
PG&E: Federal Criminal Charges Likely In Fatal Gas Pipeline Explosion Pacific Gas & Electric Co. said Thursday the company will likely face federal criminal charges for its role in a fatal gas pipeline explosion in the San Francisco Bay Area.
Ex-CalPERS CEO, Board Member Charged With Fraud Federal officials on Monday charged the former head of the nation's largest pension fund and one of his business associates with falsifying documents and other charges in a long-running influence peddling and bribery investigation.
Christian Concert Promoter Sentenced For $1M Ponzi SchemeThe concert promoter of events featuring Christian rock bands was sentenced to 57 months in federal prison for a wire fraud scheme that bilked nearly $1 million from investors.
Former Angel Doug DeCinces Charged With Insider TradingThe Securities and Exchange Commission has charged former Angels infielder Doug DeCinces and three of his associates with insider trading preceding a buyout of Abbott Laboratories (ABT).
Google Braces To Pay At Least $500M In Ad ProbeGoogle Inc.'s lucrative online advertising system is facing a U.S. Justice Department investigation that is expected to cost the Internet search leader at least $500 million.