Banking Archive » June, 2008

Banking - June, 2008

151 articles

• 9th Circ. Revives LendingTree Insider Trading Case
• SEC Asks for Delaware's Help In Proxy-Cost Fight
• Cos. Had Misconceptions About ARS Market: Survey
• Dykema Sweeps Up Most Of Schwartz Cooper
• Senators Rebuke Cox, Bernanke, Paulson
• MetLife V. Glenn And Employee Benefits Litigation
• Ropes & Gray Adds 3 Attorneys To Chicago Office
• House Bill Directs CFTC To Use Emergency Powers
• Securities Plaintiffs Face Tough Sledding After Tellabs
• MasterCard Contests Bid To Revise Protective Order
• Bankrupt Lender Gets 5th Exclusivity Extension
• Mexican Bank Fights Wachovia Appeal
• Exxon Ruling Will Drill Punitive Awards: Experts
• Judge Approves Settlement In Eating Disorder Case
• Arthur J. Gallagher Co. Hit With FLSA Suit
• Mass. Charges UBS With Misleading ARS Clients
• Judge Rules Against SEC In Securities Fraud Case
• Judge Says AHM Can End Executives' Contracts
• Suit Failed To Plead Dynex's Scienter: 2nd Circuit
• Judge Denies Dismissal, But Moves Wells Fargo Case
• DOJ, FTC Raise Red Flags Over Interchange Fee Bill
• Pension Fund Can't Join JP Morgan Suit: 7th Circuit
• 4th Circ. Backs Accountants Against Keystone Exec
• SEC Accepts Proposals On Credit Ratings, Annuities
• MasterCard To Pay AmEx $1.8B To Settle Case
• PwC Unit Wins Appellate Reversal In Yukos Tax Spat
• Day Of Reckoning Arrives For Scruggs
• N.Y. Appeals Court Backs Grasso In Pay Saga
• Ill. AG's Suit Claims Countrywide Duped Borrowers
• Bear Stearns Redux: Bad News For Offshore Funds
• Court Throws Out Lone Star Guilty Verdicts
• Huntsman Sues Fund For Reneging On Merger Deal
• Fifth Third Bancorp Sued Over $750M Share Offering
• Judge Tosses Some AIG Counterclaims Against Starr
• ERISA Plaintiffs Seek OK For $24.2M Deal With AIG
• SEC Extends SOX Compliance Deadline Again
• Discover, NextCard Bury Hatchet In Patent Dispute
• Nellson Nutraceutical Files Ch. 11 Liquidation Plan
• Sheik's Suit Could Imperil Barclays' $8B Deal
• 7th Circ. Lets Marathon Petroleum Off Antitrust Hook
• 2nd Circ. Nixes CSX's Bid To Block Proxy Fight
• ARS Suits Against Citigroup Consolidated
• Shareholder Sues Over Lehman Losses, Disclosures
• UBS Banker Admits To Role In Tax Evasion Scheme
• Dana Judge Denies $2.5M Fee Bid By Appaloosa
• Ex-Cendant Chief Hit With $22M Suit Over Assets
• Hundreds Arrested In Mortgage Fraud Sweep
• State Agency Opposes Puget Sound Energy Buyout
• Credit Woes Hinder Hedge Fund Launches: Report
• Mortgage Lenders Settles License Dispute With States
• Court Sides With Fund Partners In Shareholder Suit
• Judge OKs Voting On Sentinel Plan
• High Court Affirms 6th Circ. In MetLife ERISA Suit
• SEC Charges Sentinel Higher-Ups With Massive Fraud
• Investment Database Pays $2.5M To Settle Suit
• Sale Of Aloha's Mesa Claim Runs Into Trouble
• Senators Float 3 Measures For Curbing Speculation
• Court Grants Ex-Refco Execs' Demand For Insurance
• Ex-Bear Stearns Execs Knew The End Was Near: Feds
• Fremont General Enters Ch. 11 To Close Sale
• Adelphia Lenders Win Bid To Toss $4B In Claims
• Wachovia Owes Reservist For Reinstatement: Jury
• $177M Award In BanInter Fraud Case Affirmed
• Hexion Sues To Back Out Of Huntsman Deal
• Next Financial Breached Customers' Privacy: ALJ
• Plastech's Stalking Horses Win Their Races
• Trustee Objects To Mortgage Lenders' Investments
• Parmalat Claims Against Ex-CEO Approved
• AIG Chief Sullivan Ousted In Wake of Subprime Losses
• JP Morgan Deletes Mention Of Rival In IP Suit
• Judge Nixes Bid To Block Citigroup Fund Tender Offer
• EC Calls For Regulation Of Credit Rating Agencies
• Union Launches 'Overworked' PwC Litigation Site
• Lenders' Demands Threaten W.R. Grace Exit
• N.Y. Court Dismisses Malpractice Suit Against Deloitte
• Ex-Judge Leaves Greenberg Traurig For Otterbourg
• SEC Orders Citigroup To Stick To GAAP
• Ex-Employees Can Sue Retirement Plans: 4th Circuit
• Lehman Posts $2.8B Loss
• MF Global Earmarks $10M To Deal With CFTC Probes
• SLUSA Preempts State-Law Claim V. BofA: 8th Circ.
• Ex-Bear Stearns Exec Joins K&L Gates
• $16M Morgan Stanley Race Bias Deal Hits Snag
• Ex-Fleet Bank Exec Admits To Distressed Loan Fraud
• Jury Fines Arthur Andersen, Politico $51M
• JP Morgan Islamic Finance Exec Held In Dubai
• U.K.'s Surprise Short-Selling Rules Spark Outcry
• Bayou Head May Have Staged Suicide: Reports
• CORRECTION: Court Sides With Wells Fargo Workers
• Japan's Livedoor Ordered To Pay $88.2M To 6 Firms
• Advantage Home Loan Hit With FLSA Suit
• UBS, Credit Suisse Settle With Parmalat For $548M
• Barclays To Amend Bear Stearns Case: Report
• NYSE Proposes Revised Rules For Specialist Traders
• Katten Muchin Adds Financial, Employment Veteran
• Ex-Refco CEO Bennett Asks Court For Mercy
• MasterCard Nixes EU Cross-Border Interchange Fees
• Judge Snubs SEC Again In Favor Of Merchant Capital
• Newly Hired Nixon Peabody Partner Jumps To Dechert
• Irish Ritchie Funds File Chapter 11 Plans
• Employer Can Deduct From Gross Commission: Court
• NYSE Bars Three Former Merrill Lynch Brokers
• Merrill Scores $3.1B Win Over Credit Default Swaps
• Proxy Fight Continues Despite Ruling In CSX Suit
• Travelers Loses Summary Judgment In Indemnity Suit
• Convicted Bayou Fund Head May Have Faked Death
• Walgreens, CVS, Rite Aid Hit AmEx With Antitrust Suit
• Wachovia Faces Class Action Over Loan Statements
• Allstate Loses Appeal In Long-Running Age Bias Case
• Expanded Class In Wells Fargo MDL Gets Judge's Nod
• Discover Seeks $6B In Visa, MasterCard Antitrust Suit
• Gonzales Hired To Work On DataTreasury Patent Case
• Judge Finds Federal, State Claims Can't Co-Exist
• American Home Looks To Toss Exec Contracts
• Measure Tackles Credit Card Interchange Fees
• Mississippi AG Labeled A 'Scruggs Confederate'
• Asia's Deal Lawyers Still Busy Despite U.S. Woes
• Judge Tosses Shareholder Suit Against Novastar
• Class Claims V. Countrywide Can Be Revived: Judge
• Interlocking Directorships: Canada's Antitrust Stance
• Counterclaims Nixed In Morgan Stanley Contract Suit
• 2nd Circuit OKs Settlement For Holocaust Survivors
• Merrill Lynch Subprime Unit Hit With FLSA Suit
• Shearman & Sterling Malpractice Claim Can Proceed
• Federal Reserve OKs BofA's Countrywide Buyout
• SEC Probing AIG Over Credit Default Swaps: Report
• FTC Looking Into Mortgage Lender Practices
• AIG Loses Bid To Block Ex-CEO's Access To Docs
• SEC Opposes CSX Opinion Of Ownership
• U.K. Companies Urged To Crack Down On M&A Leaks
• SEC Tentatively Approves NYSE Arca Data Fees
• Ratings Agencies Sign Reform Pact With N.Y. AG
• Prosecutor Wants Mirabilis Bankruptcy Removed
• EU Won't Give MasterCard More Time To Abolish Fees
• N.Y. Attorney General Wants Grasso Claims Restored
• SEC Sues Broker Alleging Fraud
• Third-Party Complaints Dismissed In Suprema Suit
• Investors Challenge Bear Over Defunct Fund
• CBOE Settles Voting Rights Battle In Planned IPO
• Ratings Firms To Reform In Wake Of Mortgage Mess
• Supreme Court Rebuffs Adult Site's Copyright Claim
• H&R Block Accused Of Biased Lending Practices
• Trade Groups Fault CSX's 'Beneficial Owner' Stance
• Top Court To Mull History's Largest Leveraged Buyout
• Jones May Be New Standard In Adviser Fee Rulings
• Fed. Circ. Revives MetLife-Bancorp Patent Spat
• Credit Suisse Banker Gets 10 Years
• Fox Rothschild Expands S.F. Litigation Team
• OFT Raids Barclays, RBS Over Loan Price-Fixing
• RBC Faces Class Action Over Auction Rate Securities
• TransUnion Eyes End To Decade-Long Class Action