The Securities and Exchange Commission has charged Joseph P. Collins, a partner with the law firm Mayer Brown, with aiding and abetting fraud at his client Refco. He is the fourth person accused in the case.

The SEC accused Collins of helping the brokerage cover up hundreds of millions of dollars in related-party transactions and indebtedness before the company went public. The U.S. Attorney's Office for the Southern District of New York has also filed criminal charges against Collins for his role.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access