Securities Archive » October, 2008

Securities - October, 2008

209 articles

• Obama Presidency Will Mean More Regulation
• Judge Denies Hexion Bid To Extend Banks' Pledge
• LCM Settles Improper Gift Charges With SEC For $3M
• NJ Judge Refuses To Block Datascope Merger
• Jury Convicts Former National Century CEO Of Fraud
• Trends In Subprime-Related Securities Fraud Actions
• UBS Hit With €1.5M Fine In Parmalat Case
• Republic Settles Shareholder Suit Over Allied Merger
• Scrutiny Sparks New Questions For TARP Participants
• Class Fails Certification In ATM-Investor Action
• Bankrupt Value City Hit With WARN, ERISA Suit
• NC Agencies Battle Over Role In Freddie Mac Suit
• Poultry Giant Slapped With Securities Fraud Action
• SemGroup Energy Subpoenaed Over Ch. 11 Case
• Luke Oil Pushes Judge To Rethink Stay In SemCrude
• Hexion Sues Credit Suisse Over Failed Merger
• Elan Faces Shareholder Suit Over Alzheimer's Drug
• Fremont Subprime Fraud Claims Insufficient: Judge
• Bank Of America Sues Bear Stearns, Fund Managers
• 6 Heller Ehrman Litigators Jump To Sidley Austin
• Spikes In VW Stock Spur German Regulator Probe
• Underwriter Not Owed $5M In Liability Ins.: Court
• Cuomo Demands Information On Bank Bonuses
• NY Attorney General Launches Arbitron Stock Probe
• Banks Get Time To Negotiate Deal In IPO Litigation
• Deloitte Claims Stand In Fraud Scheme Suit
• Class Certified In Case Alleging $50M Ponzi Scheme
• Feb. 2010 Trial Date Set in Merrill Consolidated Suits
• Banks Refuse To Fund Hexion-Huntsman Deal
• Ex-Bayou Boss' Hearing Postponed Again
• Facing Cash Crunch, GM Lobbies US For $10B
• Medicis Hit With Securities Fraud Class Action
• Auditors Make For Likely Targets In Tough Time
• Backdating Suit Against Affymetrix Execs Continues
• Broadcom Prosecutor Catches Heat For Alleged Leaks
• DOL Orders Schwab To Reinstate 2 Whistleblowers
• Banks Lose Appeal In Huntsman-Hexion Merger Case
• Shareholders Sue ImClone, Lilly Over Pending Merger
• Former Milberg 'Money Man' Gets 6 Months In Prison
• 8 Thacher Lawyers Defect To Greenberg Traurig
• More Top Cos. Reporting Sustainability Data: Study
• Treasury Funds 'Going Out The Door' To First 9 Banks
• Calif. Cities Ask For Bailout Of Troubled Assets
• Teva Wins $100M Settlement From Broker Over ARS
• Blanket Stay Denied In Ex-Bear Managers' Civil Suit
• Lead Counsel Named In JPMorgan ARS Suit
• Court Tosses UBS Investor Class Action
• BAS Withheld Poor Credit Details, Investors Say
• Investors Press SEC For Global Warming Disclosure
• UBS To Pay $100M To Settle HealthSouth Claims
• Investors Try To Undo Dismissal Of MBIA Fraud Suit
• HomeSide Fraud Suit On Wrong Turf: 2nd Circ.
• PNC Uses Treasury Plan In $5.6B National City Buy
• Barnes & Thornburg Bags White Collar Defense Duo
• Post-Financial Meltdown Securities Litigation
• The Economic Crisis And The SEC: Moving Forward
• Milberg Wins Arthur Miller To Head Appellate Group
• Dynegy To Disclose Climate Change Risk To Investors
• Anheuser Settles Shareholder Suits Over InBev Deal
• Credit Suisse Will Offer $200M Structured CO2 Deal
• Subprime Suit Against Credit Suisse Still On
• Managing Expectations For US Adoption Of IFRS
• Fund Manager Pleads Guilty To $7M Swindle
• SEC Enforcement Actions Skyrocket
• Analysts, Firms Subpoenaed In Lehman Probes
• KPMG Tossed From Merge Tech Suit, Again
• Nacchio Trial Judge Resigns Amid Scandal
• Brokers Ask To Notify Class In TD Bank FLSA Suit
• Grassley Probes SEC, JPMorgan Contact In Bear Deal
• AIG To Freeze Payout To Ex-CEO Amid Cuomo Probe
• BP Plan Sues Northern Trust For Securities Lending
• Gibson Dunn Hires Heller Securities Partner
• Critics Applaud Top Whistleblower Counsel's Exit
• SEC Urges Cos. To Evaluate Exec Compensation
• SEC, FASB Propose GAAP Changes To Treasury
• Solar Panel Maker Sues Lehman, Barclays
• Sens. Ask If Banks Are 'Hoarding' Bailout Billions
• Optionable Shareholder Suit Dead In The Water
• Treasury Describes Details Of Capital Purchase Plan
• FHFA Steps Into Fannie Mae Litigation
• House Ethics Committee Counsel Rejoins Jones Day
• Bershad, Feds Differ On Kickback Scheme Sentence
• PCAOB Unveils New Risk Assessment Standards
• ARS Suits Against JPMorgan Consolidated
• Hedge Fund Analyst Settles Insider Trading Suit
• FINRA Uneasy Over Stock Closing-Price Swings
• Cuomo, Garcia Investigating CDS Markets
• WilmerHale Snags Former SEC Branch Chief In Calif.
• 3rd Circ. Blocks Bid For Rehearing In Vioxx Suit
• Shareholders Launch Fraud Suit Against ArthroCare
• Citigroup Wins $364M Verdict Against Parmalat
• MedCap Settles SEC 'Portfolio Pumping' Action
• McCreevy Calls For Scrutiny Of Derivatives Market
• AIG Works With NY AG To Recover Bonuses
• Fresh Insights From The SEC Enforcement Manual
• Lehman Brothers Targeted In Three Grand Jury Probes
• Wall Street's Volatility Raises Incentive Plan Concerns
• Appeals Court Upholds Convictions Of Ex-Tyco Execs
• US Launches Wide-Ranging Probe Of WaMu
• Business Financial Seeks OK For $17M Settlement
• SEC Extends Short-Sale Reporting Rules Until Aug. '09
• Jurors Reveal Prejudices On Housing Crisis In Survey
• SEC Agrees To Securities Classification Change
• Simpson Thatcher Payday For Bailout Work: $300K
• Crisis Likely To Spark New Strategies In ERISA Actions
• Civil Or Criminal Securities Fraud — A Blurry Line
• EU Aims To Revamp Postwar Financial System
• Judge Taps Lead Plaintiff, Counsel In Wachovia Case
• Heller Closeout Guru Heading For Jones Day
• Judge Keeps Alive McAfee Fraud Suit V. WilmerHale
• Congress Seeks 'Broad Reform' After Bailout
• Cuomo Exhorts AIG To Take Action On Exec Bonuses
• Ex-Energy Corp. CEO Pleads Guilty In Stock Scheme
• FINRA Fines SunTrust Over Fee-Based Accounts
• Securities Class Actions Against Financial Institutions
• Ex-SEC Chief Calls For Stricter Market Regulation
• Ex-Enron Broadband CEO Cops $8.7M Plea
• H&R Block Sued Over Broker's Role in Ponzi Scheme
• Heller Ehrman Attorneys Bulk Up Hogan & Hartson
• Congress Eyes CDS Regulations Amid Market Turmoil
• Davis Polk, Wachtell Rebuff Treasury's Advances
• Bank In Pacific Northwest Settles Securities Action
• Wells Fargo Fights To Stave Off Citigroup Damages
• MDL Panel Denies ARS Consolidation Request
• The SEC's Bid To Save Fair Value Accounting
• Plaintiffs Push $43M Deal In Iridium Securities Suit
• Wave Of Subprime Suits Worries Finance Sector
• Lawyers' Role In Bailout Becoming Clearer
• Clearinghouse Needed to Regulate CDS: Experts
• Judge OKs Deal Worth $30M In McAfee Backdating Suit
• OIG Slams SEC For Lapse In Regulating Bear Stearns
• Tangled In $3B Fraud Suit, Petters Files For Ch. 11
• Fidelity Ex-Execs Reach SEC Deal Over Misconduct
• Overstock, Gradient Analytics Reach Settlement
• Aussie Regulator Sues KPMG Over Collapse
• AuthenTec Faces Securities Fraud Class Action
• Wells Fargo Wins Wachovia, But Legal Woes Continue
• Court Flings Dell Shareholder Class Action Aside
• Lehman Credit Default Payout Could Set Record
• Girard Gibbs Takes Helm In Deutsche Bank ARS Suit
• Ex-General Re Lawyer Faces Life Behind Bars
• Jury Awards $31.8M Against KPMG In Negligence Suit
• Judge To OK $16M Deal In Hilfiger Tax Evasion Case
• White House Says Govt. May Buy Into Private Banks
• Bailout's Executive Pay Curbs Still Raise Questions
• Fed Gives AIG Another $37.8B
• Biovail In Trouble With Shareholders Over Aplenzin
• Protecting Electronic Data From Search And Seizure
• The Show Business Of Litigation
• Ex-Duane Reade Execs Indicted For Fraud
• 11th Circ. Dumps Home Depot Charge-Back Fraud Case
• Yahoo Gets Shareholder Class Action Thrown Out
• Kozlowski Owes Us At Least Half A Billion: Tyco
• Judge Won't Budge On Delphi Defendant Roster
• Judge OKs Loral Space Class Action Deal
• Milberg Kickback Plaintiff To Serve 3 Months In Prison
• BoA Settles Some ARS Claims For $4.7B
• Royal Bank Of Canada To Buy Back $800M In ARS
• Flex Fuels Sues To Stop Director's Takeover Bid
• Citi, Wells Fargo OK Another Wachovia Cease-Fire
• Pickens Sues Lehman For $59.9M
• Former Restoration Hardware VP Quells SEC Case
• Trends For Encouraging Employee Whistleblowing
• Court Affirms Precedent To Spare Countrywide Board
• Crowell & Moring Pulls In White Collar Firm
• Cox Urges Congress To Regulate Credit Default Swaps
• Lead Optionable Plaintiff Begs Court For Access
• Ex-UBS Counsel Settles Cuomo's ARS Claims
• Citigroup, Wells Fargo Agree To Cease-Fire
• New Recovery Laws: TARP Covers Exec Compensation
• Crisis A Boon For Distressed Debt Buyers: Survey
• SEC Report Questions Impartiality Of Pequot Probe
• Court Pinches Claims In Amaranth Futures Suit
• NY Court Revives Shareholder Suit V. Comverse
• Treasury Dept. Lays Groundwork For Bailout Plan
• SEC Sues Infamous Political Donor Hsu For Fraud
• PwC Agrees To Cough Up $97.5M In AIG Case
• Goldman Sachs Faces More ARS Flak
• Steptoe Wins Over Securities Partner
• Judge Nixes Securities Suit Over Chinese Paging Co.
• Citigroup Sues Wachovia, Wells Fargo For $60B
• BofA Tackles Countrywide Cases With $8.4B Plan
• House Oversight Committee Grills Lehman CEO
• High Court Wants Input On Filing Deadline Case
• Aetna Whistleblower Must Arbitrate Claims: 2nd Circ.
• Heads May Roll In Wake Of Financial Collapse
• The Credit Crunch: International Regulatory Response
• Lehman Creditors Question JPMorgan's Role
• Judge Bars Wells Fargo Takeover Of Wachovia
• SEC Slams Plasticon For Investor Fraud
• Merrill, Fred Leighton Spar Over Jewels
• Clarkson Steps In As SEC's Acting Regional Director
• Fuel Tech Co. Faces Securities Suit Over Additives
• Securities Act Of 2008 Will Expand SEC's Authority
• Mark-To-Market Shift Could Raise Lehman's Value
• Short-Sell Ban Extended As Capitol Hill Eyes Bill
• SEC Sues Two Men For Alleged Investment Scheme
• CFTC Announces Record $630M In Fines For 2008
• MBIA Sues Countrywide Over Home Equity Loans
• Appeals Court Affirms Case Over Short-Swing Rules
• DOJ Eyes Criminal Claims In ARS Market Probe
• Bailout Still In Doubt As Spotlight Shifts To House
• Audit Firms Warn Against Suspending Mark-To-Market
• SEC Mum On Possible Extension Of Short-Selling Ban
• 'Basic' Standard Applies To Analyst Reports: 2nd Circ.
• Dick's Sporting Exec Hit With Insider Trading Suit
• Court Nixes Class Bid By Halliburton Shareholders
• Costco Sued For Backdating Stock Options
• In Hexion, Rare Guidance On 'Material Adverse Effect'