1. Among the points the SEC opposes is the tougher burden of proof for plaintiffs filing fraud suits and the standards set for recklessness. 2. And investigations of the Enron audits themselves are continuing, with the SEC almost certain to file a civil fraud suit. 3. Another bill passed this week would make it harder for investors and stockholders to bring fraud suits against stockbrokers and publicly traded companies. 4. Both the SEC and the court want to require that all legal documents filed in a class-action securities fraud suit be posted on the Internet. 5. A computer user filed a consumer fraud suit against Iomega, saying it falsely advertised the drives as easy to install. 6. A fraud suit has been filed against Silicon Graphics, and a company spokesman has said it is without merit. 7. A fraud suit by shareholders seeking class-action status is pending against the company, its directors and Dolgoff. 8. Deputy district attorney Marcia Clark said Gerchis has three spellings for her name, three Social Security numbers and dozens of fraud suits filed against her. 9. He has also battled insurance companies, which usually do not pay for experimental drug treatments, and at least two have filed fraud suits against him. 10. He disagreed with those who oppose the imposition of a federal standard for filing stock fraud suits in state courts. |
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