Banking Archive » May, 2008

Banking - May, 2008

147 articles

• CFTC Needs More Staff, Chairman Says
• Downey Savings And Loan Hit With FLSA Suit
• Treasury Dept.'s New Foreign Investment Regulations
• N.Y. Court Says Restrictive Covenant Enforceable
• Adams And Reese In Brawl Over WorldCom
• Denied Pa. High Court, Judge Joins Cozen O'Connor
• Former Partners Oppose Coudert's Ch. 11 Plan
• Tech Workers File FLSA Suit Against Wells Fargo
• Ex-CIBC Supervisors Settle SEC Market Timing Cases
• Court Chides Lender For Letters To FLSA Plaintiffs
• Two Indicted For Insider Trading On Mergers
• Bear Stearns Shareholders Sign Off On Merger
• A Key Decision For Subprime Mortgage Lenders
• SEC Sanctions Broker-Dealer In Auction Rate Case
• SEC Probes Three Credit-Rating Giants Over Errors
• Allegedly Dirty Venture Capital Co. Enters Chapter 11
• Wall St. Firms Sued For Short-Selling Taser Stock
• Bear Stearns To Hand Over Records To SEC: WSJ
• Court Approves Ceres Bankruptcy Plan, Assets Sale
• Chapter 15 Out Of Bounds For Bear Funds: Court
• SEC Secretary Of 2 Years Returns To Private Sector
• Senate Committee To Consider SEC Nominees
• Amtrak Cheated Public Shareholders: Suit
• People's Choice Creditors Want To Push Back Clock
• Texas Court Upholds Ruling In Favor Of State Farm
• SEC Probe Of Ex-AIG Exec Also Looks At Capco Deal
• Fight Continues Over 7th Circ. Mutual Fund Fee Ruling
• Congress Wary Of DOJ's Corporate Monitoring Info
• Judge Holds Amaranth's Feet To Fire Of CFTC Claims
• UBS Scores Win In $475M Subprime Contract Suit
• Suit Against Musicland Over Harris Loan Tossed
• Insurer Let Off Hook In Hurricane Rita Dispute
• Feds Indict Eight More In Stock-Loan Kickback Case
• Trustee Attacks Another Wells Fargo Claim On SFC
• Visa, MC, AmEx Off The Hook In Gift Card Patent Suit
• Investors Sue Computershare Over Stock Certificates
• SEC Moves Toward Adopting High-Tech Filing Rule
• Pension Fund Sues AIG Over Risky Investments
• Ex-Bayou Boss Settles With SEC In Hedge Fund Fraud
• Former AIG Head Gets Tap On Shoulder From SEC
• Iridium Settles Disputes With Motorola, Lenders
• Crowell & Moring Adds Two New Insurance Attorneys
• Insurance Companies Battle Over Patent
• Wells Fargo Agrees To Drop $466M Claim
• To Preserve Privilege, Shun Voluntary Disclosure
• Securities Attorney Arrested On Wire Fraud Charges
• Refco, Multi-Bank Settle Spat Over Alleged Deposit
• Judge Denies Amicus Brief In $1B Enron Litigation
• 9th Circuit Revives Title Insurer's Copyright Suit
• Ceres Capital Creditors Object To Prepackaged Plan
• Senate Committee Approves Housing Reform Bill
• SEC Freezes Hedge Funder's U.K. Assets In Fraud Suit
• Proposed Rules Will Expand CFIUS Scrutiny, Control
• Chase Cleared In Fraud Suit Brought By Bankrupt Co.
• Race Bias Lawsuit Against Wells Fargo Split Up
• Ex-Assent Exec Gets Probation For Insider Trading
• Pension Funds Blamed For Commodity Price Spikes
• Gibson Dunn Expands Into Singapore
• Sentinel Execs Settle Fraud Suit For $10.7M
• Circuit OKs Dismissal Of BofA Securities Claims
• Municipal Bond Exemptions OK: Supreme Court
• Delphi Sues Appaloosa, Investors Over Failed Deal
• Supreme Court Rejects Cendant CEO's Appeal
• Michigan Makes Play To Lead Bear Stearns Case
• Downey Financial Faces Suit Over Subprime Mess
• 7th Circuit Says Mutual Fund Fees Are Not Too High
• HP Wins $51M Judgment Against Insurer
• Court Swats Citigroup's Bid For Judgment In FLSA Suit
• Judge Denies New Trial To General Re, AIG Execs
• Firm, Former President Clash Over Arbitration Award
• Class Denial No Deterrent For Wells Fargo Plaintiffs
• FINRA Fines 3 Firms $1.6M For Reporting Omissions
• Credit Suisse Accused Of Stealing Trade Secrets
• Judge Tosses Claims In Eight Suits In IPO Litigation
• Countrywide Exec Fired For Raising Red Flags: Suit
• $40M Unum Class Action Settlement Gets Judge's OK
• Judge Keeps Countrywide Suit Alive
• Clear Channel, Banks Clear Air With $17.9B Deal
• Plaintiffs Gearing Up For Big Battle Over Muni Bonds
• Burdensome Conditions To Regulatory Approvals
• Sentencing Ends Beacon Rock Market-Timing Case
• Court Reinstates Florida Allstate Ban
• Fund Plotted With Rival To Take Over Board: VAALCO
• Banks' Web Security Systems Infringe: Suit
• Mutual Of Omaha To Settle Broker Case For $1.7M
• CNET Loses Appeal In Board Nomination Dispute
• 5th Circuit To Hear Katrina Insurers Venue Spat
• Ex-Hedge Fund Manager Settles Insider Trading Suit
• Allstate, Texas Regulators Settle Suit For $71M
• JP Morgan Gets Wells Notice In Municipal Bond Probe
• Justice Recusals Allow Apartheid Claims To Continue
• Clear Channel, Banks Sing A Different Tune
• Title Insurers Dodge Antitrust Scrutiny: Suit
• Bank Of N.Y. Questions Pacific Lumber Settlement
• Fighting FINRA Pays Off: Sutherland Study
• Fremont Says Ch. 11 Filing Likely
• Wall Street Firms In A Trade Secrets State Of Mind
• Litigators Urge Clarity Over Punitive Damage Rules
• IBC Closes On Revamped DIP Finance Package
• Merchants, Credit Card Cos. Face Off Over Fee Bill
• GunnAllen Pays $750K To Settle FINRA Action
• State Farm Settles With 13 Katrina Plaintiffs
• The Boundaries Of Patent-Eligible Processes In Bilski
• Subprime May Cost State Street Almost $8B
• Federal Circuit Weighs Limits On Business Methods
• Federal Prosecutor Indicts Brooklyn Mortgage Brokers
• N.Y. Judge Gives Green Light To Clear Channel Trial
• MBIA Says Insurers Owe Defense Costs
• Judge Balks At Countrywide's Deal With Homeowner
• Wells Fargo Hit With 10th FLSA Suit In Recent Months
• House Passes Housing Bill Despite Veto Threat
• Firm Files FINRA Suit Over Auction-Rate Securities
• The Coming Rise In Distressed M&A
• Bear Stearns Class Action Seeks To Block Buyout
• UBS To Repay $35M To Mass. For Auction Rate Sales
• Fred Leighton Tries To Wrest Jewels From Merrill
• Congress Examines Regulation Of Investment Banks
• Bush OKs Bill To Secure Student Loans
• Bear Stearns Investors Retract Calls To Block Buyout
• Coldwell Banker Hit With Class Suit Over Insurance
• Ex-Bear Stearns Trader Sentenced Over Scheme
• Honcho On Garden Leave Must Stay Planted: Court
• Countrywide Lambasted Over Bankruptcy Fees
• Panel Awards $12M To Ex-AllianceBernstein Broker
• Auction Rate Securities Need Individual Scrutiny: NERA
• Judge OKs Delta Financial's Employee Incentive Plan
• Patton Boggs Scores Middle East Bigwig
• Parmalat Demands $2.2B In Citigroup Suit
• K&L Gates Adds Fried Frank Managing Partner
• Dispatch Takes Issue With Bank's $7B Deal
• Tousa Extends Financing Agreement With Citigroup
• Regulating Foreign Investment In U.S. Banks
• Court Approves People's Choice Creditors' Plan
• Ex-Merrill Adviser Enjoined In Trade Secrets Suit
• Met Life, Unum, Prudential In $1.1M Settlement
• N.Y. Regulatory Task Force To Probe Subprime Players
• Two Cos. Move To Dismiss In Insurance Antitrust MDL
• Citi Muni Fund Is Hit With Class Action
• UBS Loses Bid To Toss Suit Over Genesco Merger
• Delta Financial Faces New Wage-And-Hour Suit
• SEC Takes Aim At Swap Agreements
• Parmalat Settles With Investors For $40M
• Homebanc Mortgage Lodges Liquidation Plan
• CFTC Sues Sentinel Over Alleged Misuse Of Funds
• BofA Unit To Pay $9.8M In SEC Settlement
• Resistance Grows To Appaloosa's $2.5M Fee Request
• Lehman Hit With Patent Suit Over Trading Technology