San Jose Mercury News

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• Tech firms win reprieve on options expensing.

  - 2004-10-14

  By Mark Schwanhausser, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Oct. 14--Technology companies won a six-month reprieve Wednesday from looming accounting rules that would soon have required them to subtract billions of dollars' worth of stock options from their ...

  Tags: accounting, Benefits, board, FINANCE, Investment, San Jose Mercury News, SEC, stock, U.S. Congress

• Regulators charge five former executives of online credit card firm with fraud.

  - 2004-09-29

  By Deborah Lohse, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Sep. 29--Securities regulators sued five former executives of the defunct online credit-card company NextCard, charging them with fraudulently misleading investors about the formerly high-flying San Francisco company's level...

  Tags: accounting, FINANCE, fraud, investor, Litigation, regulator, San Jose Mercury News, SEC

• San Mateo, Calif., mutual fund adviser to pay $50 million to fund holders.

  - 2004-08-03

  By Kristi Heim, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Aug. 3--Franklin Advisers, the San Mateo firm that advises the country's fourth largest mutual fund, has agreed to pay $50 million back to Franklin Templeton shareholders to settle charges it...

  Tags: advisor, Benefits, FINANCE, Investment, investor, San Jose Mercury News, SEC, shareholder

• San Mateo, Calif., Software Firm Could Face Sanctions over Disclosure Rule.

  - 2003-11-14

  By Elise Ackerman, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Nov. 14--For the second time in a year, government investigators have recommended Siebel Systems be sanctioned for violating a federal regulation that prohibits companies from selectively disclosing information about...

  Tags: Government, Litigation, Regulations, San Jose Mercury News, SEC, Siebel Systems Inc., software

• Two Former Auditors of California Chip Maker Barred by Securities Commission.

  - 2003-07-30

  By Deborah Lohse, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Jul. 30--Two former Coopers & Lybrand accountants who audited the books of California Micro Devices nearly a decade ago were barred Tuesday from practicing before the Securities and Exchange Commission....

  Tags: accountant, auditing, California, chip, San Jose Mercury News, SEC

• 'Sell' Recommendations Become More Common in Wake of New SEC Regulations.

  - 2002-12-23

  By Maureen Fan, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Dec. 23--NEW YORK--Friday's landmark settlement between major investment banks and securities regulators over inflated stock ratings could help investors get better stock-picking advice in the future. But...

  Tags: analyst, bank, FINANCE, Investment, investor, Litigation, regulation, San Jose Mercury News, SEC, settlement, stock

• Accusers Charge Former Chief of HPL Technologies with Fraud.

  - 2002-09-11

  By Mary Anne Ostrom, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Sep. 11--Federal authorities filed criminal and civil fraud charges Tuesday against the former chief executive of HPL Technologies, alleging that he faked company sales by forging customer signatures, ...

  Tags: attorney, Canon Inc., fraud, IPO, Litigation, SALES, San Jose Mercury News, SEC

• Business Reform Bill Becomes Law; Impact Is Unclear.

  - 2002-07-31

  By Heather Fleming Phillips, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Jul. 31--WASHINGTON--Even as President Bush signed a sweeping business reform bill into law Tuesday, lawyers, analysts and accounting industry officials were split on how effective the corporate crackdown ...

  Tags: accounting, America, Bush, FINANCE, lawyer, San Jose Mercury News, SEC

• San Jose, Calif.-Area Software Company Reveals Accounting Issue.

  - 2002-07-23

  San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Jul. 23--First Enron, then WorldCom. Now, Silicon Valley can claim its own accounting scandal -- at a little software company called HPL Technologies. HPL, which makes software for semiconductor makers, revealed...

  Tags: accounting, FINANCE, financial, fraud, SALES, San Jose Mercury News, SEC, semiconductor

• Santa Clara, Calif., Software Company to Restate 1999, 2000 Financial Results.

  - 2002-04-26

  By Deborah Lohse, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Apr. 26--Network Associates, a top maker of computer security and network management software, Thursday said it will restate its financial results for 1999 and 2000 after finding "accounting inaccuracies." ...

  Tags: accounting, FINANCE, McAfee Inc., Networks Associates Technology Inc., San Jose Mercury News, SEC, SECURITY, software