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Articles tagged with: Securities and Exchange Commission
SEC files fraud charges against Pegasus Wireless
The Securities and Exchange Commission has filed fraud charges against Pegasus Wireless Corp. and two of its executives for illegally selling hundreds of millions of the company's shares and lying about it in company filings. more
Related Tags: pegasus-wireless, USA
Telenor Moves Grameenphone CEO Over to Hungarian Subsidiary
Telenor has shuffled its management, and is moving Mr. Anders Jensen from running its part-owned Bangladeshi subsidiary, Grameenphone to take over at Hungary's Pannon from the beginning of April. He will succeed Mr. Ove Fredheim, who is leaving to take up another posting within the Telenor Group in Norway. more
Related Tags: sim-card, sim, pannon, eu, vodafone, telenor, grameenphone, dhaka, Bangladesh
Motorola Accused of Selling Phones to Restricted Countries
A mistake on the Motorola website had suggested that the company is selling products to Cuba, Iran, Syria, and Sudan - which are prohibited by US law, and resulted in a letter from the Securities and Exchange Commission (SEC) seeking clarification. more
Ex-ITXC Executive Gets 5 Yrs Probation, Fine in Bribery Scheme
A former managing director of ITXC Corp. was sentenced to five years probation for his role in a foreign bribery scheme involving telecommunications contracts in Africa. more
Related Tags: bribery
Former Nortel CEO, CFO, Controller Charged With Fraud
Three former Nortel executives have been criminally charged in Canada with misstating the networking giant's financial results in 2002 and 2003, the Royal Canadian Mounted Police said. more
Related Tags: nortel, seven, police, Canada
Sprint Director Departures Seen Providing New Perspective
NEW YORK -(Dow Jones)- A quartet of directors at Sprint Nextel have said they plan to leave, signaling a change at the top of the troubled wireless carrier. more
Related Tags: sprint-nextel, iden, sprint, nextel, USA
Mexico Iusacell Focuses On Growth, Rather Than Costs, In '07
Related Tags: gsm-association, zte, citigroup, grupo-iusacell, verizon-communications, cdma-development-group, telcel, iusacell, vodafone-group, cofetel, 1xev-do
Palm Faces Challenges Despite Influx Of Apple Talent
NEW YORK -(Dow Jones)- After a strong run, Palm investors looking for further gains may need to exercise patience despite the arrival of two Apple veterans. more
Related Tags: ipod, palm, research-in-motion, jon-rubinstein, samsung-electronics, chief-financial-officer, operating-system, silicon-valley
DUE DILIGENCE: Struggling, Indebted Virgin Media Could Be LBO Target"
LONDON (Dow Jones) -- It's a rare investor who gets an annual 100,000-pound ($200,000) fee for promoting a company in which he's the leading shareholder. more
Related Tags: ptc, virgin-mobile, wall-street-journal, bankruptcy, satellite, bt, virgin-media
Chinese Handset Manufacturer Seeks New York Stockmarket Listing
Qiao Xing Universal Telephone says that its major subsidiary, Qiao Xing Mobile Communication (QXM), has filed a registration form with the U.S. Securities and Exchange Commission for a proposed floatation of the company on the New York Stock Exchange. When the IPO is consummated, Qiao Xing Universal will still maintain a majority stake (more than 51%) in QXM. more
Related Tags: ipo