Law

Merrimack firm’s bookkeeper admits to bank fraud

A bookkeeper working for a small Merrimack-based excavation firm diverted more than $83,000 of the company’s money for her personal purposes and has agreed to plead guilty to bank fraud in exchange for a reduced sentence, according to a plea…

Ex-Cabletron execs settle SEC civil charges

Two top executives of the former Cabletron Systems have settled civil charges of securities fraud with the U.S. Securities and Exchange Commission without having to pay any penalty, while the SEC pursues monetary civil damages against a low-level executive who…

Senate panel OKs easing independent contractor rules

Employers would be able to send workers to the state Labor Department to be certified as independent contractors if Senate Bill 191, a measure endorsed Tuesday by the Senate Commerce Committee, becomes law. The bill, approved over the objections of…