81. Last month, in a negotiated agreement, YBM pleaded guilty to securities fraud in U.S. District Court in Philadelphia. 82. Last year, Congress passed legislation targeting class actions alleging securities fraud. 83. Lawyer Bill Lerach sues high-tech companies for securities fraud, claiming they artificially raise stock prices. 84. Last week, Bear Stearns agreed to settle SEC charges that it helped commit a securities fraud in its role of processing trades for Baron. 85. Last year, Chairman and Chief Executive Officer Chan Desaigoudar and another executive were convicted of securities fraud and sentenced to prison terms. 86. Masley and Mangan were among six people, including former SEC enforcement attorney James Nearan, arrested for securities fraud in October. 87. Melcher was sentenced in September to one year in prison for conspiracy to commit securities fraud and for violating federal tax laws. 88. Milken, convicted of securities fraud and other crimes, spent two years in prison. 89. Michael Milken, whose hunger for junk bonds led to an unappetizing stay in prison after his conviction for securities fraud, has developed a taste for Caesar salads. 90. Nearen pleaded guilty in May to securities fraud and money laundering. |