Wells Fargo Facing Disclosure Questions Over ‘Phantom’ Sales Scandal September 16, 2016 By Dan Freed and Ross Kerber A phantom account scandal at Wells Fargo & Co. has put the U.S. bank’s disclosure policies under a harsh spotlight....
Asset Managers Urged to Make Cyber Risk Top Priority September 1, 2015 By Ross Kerber and Simon Jessop Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging...
Citi Skimped on ID Theft Protection for Data Breach Victims: Reuters June 24, 2011 By Maria Aspan and Ross Kerber After a massive data breach last month, Citigroup did not offer its hacked clients the same degree of identity-theft protection...
Supreme Court Defines Primary Liability in Mutual Fund Prospectus Case June 13, 2011 By James Vicini and Ross Kerber Janus Capital Group Inc. and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements...
Has Time Come to Cap Whistleblower Awards? March 8, 2011 By Ross Kerber Corporate whistleblowers are getting bigger and bigger payouts for reporting fraud, sparking a fresh debate about whether the rewards are...
Huge Hacking Case Highlights Companies’ Vulnerability to Breaches September 7, 2009 By Daniel Trotta and Ross Kerber Consumers and companies are vulnerable to hackers and identity thieves even after U.S. authorities arrested a man they said was...
SEC Watchdog Blasts Agency for Fumbling Madoff Probes September 3, 2009 By Jonathan Stempel and Ross Kerber U.S. securities regulators missed “numerous” red flags that may have led to Bernard Madoff’s $65 billion Ponzi scheme and never...
Huge Hacking Case Highlights Companies’ Vulnerability to Breaches August 24, 2009 By Daniel Trotta and Ross Kerber Consumers and companies are vulnerable to hackers and identity thieves even after U.S. authorities arrested a man they said was...