• November 22, 2006

    FLYi Submits Liquidation Plan

    FLYi Inc., the parent company of bankrupt carrier Independence Air, has once again filed its joint amended Chapter 11 plan of liquidation, having worked out the various objections that cropped up after the plan was initially filed.

  • November 21, 2006

    Orthopedic Company Comes Under SEC Scrutiny

    Orthopedic products company ReGen Biologics Inc. said Monday that it has received a letter from the U.S. Securities and Exchange Commission’s Division of Enforcement requesting information regarding the company’s stock options-granting practices.

  • November 21, 2006

    Law Firm Profile: Orrick, Herrington & Sutcliffe LLP

    Orrick, Herrington & Sutcliffe LLP’s employment law group isn’t large in size compared to the firm as a whole, but what it lacks in numbers, it easily makes up for in success and ambition.

  • November 21, 2006

    Cheesecake Execs Agree To "Clawbacks"

    Joining the so-called “clawback” trend, current and former executives at restaurant chain operator Cheesecake Factory Inc. have decided to return $1 million in pay generated from improperly dated stock options.

  • November 20, 2006

    Western Digital Discloses Options Backdating Suits

    Western Digital Corp. disclosed in a filing Monday with the U.S. Securities and Exchange Commission that it faces a number of shareholder lawsuits brought in the wake of its disclosure of stock option backdating.

  • November 20, 2006

    Competition Policy Associates Hires Top Consultant

    Competition Policy Associates Inc. and its parent, FTI Consulting Inc., have lured an internationally renowned competition economist to join the group as a consultant.

  • November 17, 2006

    CBS, Writers Guild Engage In War Of Words

    CBS Corp. has said it will pay back wages to a group of television news writers who previously demonstrated against stalled contract talks and recent layoffs.

  • November 16, 2006

    Football Coach Alleges Race Discrimination

    The former head coach of the Cumberland University football team has accused the school of firing him because of his interracial marriage.

  • November 15, 2006

    Holders Name 13 Private Equity Firms In Antitrust Suit

    The methodology of private equity firms was once again called into question when 13 of the industry’s most prominent firms were named in a civil suit filed Wednesday by shareholders who claim the companies violated antitrust laws and conspired to fix deal prices.

  • November 13, 2006

    KB Home In Shakedown Over Options Backdating

    The nation's fifth-largest home builder found itself in troubled waters on Sunday after an internal investigation revealed errors in the company's accounting of stock option grants, prompting its chairman and chief executive to become the latest high-ranking official of a publicly-traded company to step down amid the widening scandal over stock-options backdating.

  • November 13, 2006

    Law Firm Profile: Vinson & Elkins

    After an explosion occurred at its petroleum refinery in Texas City, Tex., in March 2005, British energy company BP PLC counted on Vinson & Elkins LLP’s employment litigation and labor attorneys to immediately address the disaster.

  • November 9, 2006

    Patent Suit Over Telephone Routing Garners $25M Award

    A Florida-based telephone routing company scored a major win when a federal jury awarded it $25.5 million in an infringement suit over patents for telephone routing technology that enables 1-800 numbers to function.

  • November 8, 2006

    Law Firm Profile: Shutts & Bowen LLP

    With its complete dedication to legal matters within Florida, Shutts & Bowen LLP has carved a niche for itself, becoming the go-to employment law firm for companies operating in the Sunshine State.

  • November 6, 2006

    Denny's Settles Employee Lawsuit For $1.7M

    Family restaurant chain Denny’s will pay $1.7 million to settle a proposed class action suit that claimed the company violated California’s meal and rest break requirements, according to a U.S. Securities and Exchange Commission filing submitted Monday.

  • November 1, 2006

    Krispy Kreme Agrees To Shell Out And Settle Suits

    Beleaguered Krispy Kreme Doughnuts Inc. said Tuesday that it had reached a settlement with those who brought a securities class action lawsuit and a shareholder derivative suit against the company.

  • October 31, 2006

    Cendant Ex-Chairman Guilty In Massive Fraud

    Former Cendant Corp. Chairman Walter Forbes was found guilty of conspiracy to commit securities fraud and two counts of making false statements Tuesday in one of the largest accounting fraud cases brought before a U.S. court.

  • October 30, 2006

    SEC Begins Informal Inquiry Into RIM Stock Options

    Research In Motion Ltd., the maker of the ubiquitous Blackberry device, became the latest target in the U.S. Securities and Exchange Commission’s crusade against stock options backdating Friday when it received an informal inquiry from the agency.

  • October 26, 2006

    Amazon Settles With Cendant Over Patent Suits

    Online retailer Inc. settled two patent lawsuits with Cendant Publishing Inc. this month, with undisclosed terms that include mutual non-exclusive cross licenses to the patents. Amazon revealed the settlement details in its 2006 third quarter earnings report, filed Thursday with the Securities and Exchange Commission.

  • October 26, 2006

    Oxfam Grinds Starbucks Over Ethiopian Trademarks

    Outraged by what it has called irresponsible and unethical behavior, charity group Oxfam International accused Starbucks Corp. on Thursday of opposing a plan by Ethiopian coffee makers to trademark three of their coffee beans in the United States.

  • October 25, 2006

    Options Scandal Has Cost Billions: Study

    The stock options backdating scandal has already cost companies more than $10 billion, according to a report released Monday by a financial advisory firm.