Securities Archive » April, 2009

Securities - April, 2009

263 articles

• Grace Moves To Settle ERISA Action For $10M
• Idearc Shareholders Hit Execs With Fraud Action
• Ex-Citigroup Banker Charged With Insider Trading
• VesCor Receiver Sues Nev. Firm Over $1.7M In Fees
• San Francisco Drops $5B Fraud Suit Against PG&E
• 3rd Circ. Tosses Most Of Shareholder Suit V. Avaya
• SEC, AG Cuomo Take Aim At Aldus Equity Founder
• One Client Too Many — A Cautionary Tale Of Ethics
• MBIA Sues Merrill Over Credit Default Swaps
• Madoff Feeder Fund Blasts Mass. Fraud Claims
• Another General Re Exec Gets Year In Prison
• Claims Tossed Against 34 In Muni Bond Antitrust MDL
• 11th Circ. Ships KKR-Huff Battle Back To State Court
• Mass. To Probe State Street Over Risky Securities
• Reducing Discovery Costs With Rule 502
• EU Reveals Draft Plan For Hedge Fund Regulation
• Beverly Hills Hedge Fund Manager's Assets Frozen
• Facing Enforcement Of The False Statements Act
• Ex-Hedge Fund Exec Pleads Guilty To Conspiracy
• Moody's Loses Bid To Reconsider Loss Causation
• Hearings Begin In Del. In Suit Over Selectica NOL Pill
• BofA Chair Ousted Amid Calls For Info On Merrill Deal
• US Balks At Bail For Alleged Ponzi Schemer Cosmo
• SEC Slams Former AHM Execs With Fraud Action
• Hedge Fund Bill Only Restores SEC Oversight: Sen.
• Senate Sends Anti-Financial Fraud Bill To House
• Deutsche Bank Securities Plaintiffs Seek Lead Status
• Judge In KV Securities Case To Oversee ERISA Suits
• Dreier To Throw Himself At Court's Mercy
• Judge Trims SEC's Case Against Lucent Execs
• SEC Names Co-Acting Directors To Trading Division
• Enzon Sues Shareholder For Trying To Oust CEO
• Visteon Dropped From ERISA Suit Over Ford Spinoff
• SEC Sues Ex-UBS Trader's Hedge Fund
• Justices Skeptical Of Cuomo's Bid To Probe Banks
• Atty Hit With SemGroup Insider Trading Suit
• Proposed Class Regains Lost Ground In Amaranth Suit
• SEC Accuses Danny Pang Of Massive Securities Fraud
• Leveraging Insurance Counsel In Securities Actions
• Blank Rome Snags Cross-Border Securities Guru
• Lehman Unit Sues CDS Partner To Recover $46M
• No Access To Skadden Prep Work For KLA-Tencor CEO
• Exec Dodges Contempt Order In $25M Ponzi Case
• Investors Add Fraud To Suit V. Madoff Feeder Fund
• Duane Morris Adds 2 Former WolfBlock Litigators
• FINRA BrokerCheck Sets Sights On Former Brokers
• Groups Ask Supreme Court To Hear Nacchio Case
• Quadrangle Investors Stalwart Amid Agent Fee Probe
• Charges To Proceed V. Swiss Financiers Over Madoff
• Clawback Letters To Madoff Victims Spark Concern
• Travelers, Consulting Co. Battle Over Subpoena Costs
• Shareholder Group Sues Over Fortis Nationalization
• Countrywide, AIG Clash Over Venue For Dueling Suits
• Insight Hit With Investor Suit Over Accounting Errors
• Fed's Bank Stress Tests Focus On Equity Levels
• Merck-Medco Dropped From Vioxx ERISA Litigation
• Enron Off Hook For $22M Settlement Shortfall
• Claims Against 19 Nixed In Take-Two Backdating Suit
• Fund Manager Indicted Over $150M Ponzi Scheme
• Pfizer, J&J Shareholders Vote On Say On Pay
• 2 Hunton Litigation Partners Head To White & Case
• Carlyle Settles IT Group Investors' Suit For $3.4M
• SEC Reels In Businessman In $40M Fraud Case
• EU Passes Rule Targeting Ratings Agencies' Failures
• Ex-Peregrine GC Gets Home Confinement, $20K Fine
• Fiserv Knew Madoff Was Shady: Class Action
• New Bidders Vie For Madoff Trading Unit
• Calif. AG Sues Wells Fargo Over $1.5B In ARS
• Exelon Bid To Toss NRG Suit Over $6B Merger Nixed
• Inhofe Pushes For TARP Spending Transparency
• Squawk Box Traders Found Guilty Of Conspiracy
• SEC Takes Adviser To Task For Endorsing Bayou
• Ex-Broker Pleads Not Guilty In Dreier Fraud Case
• WilmerHale Asks Texas Court To Toss McAfee Suit
• Freddie Mac Acting CFO Found Dead In His Home
• Bayou Exec's Brother Gets 21 Months, $60M Fine
• Antiguan Stanford Liquidators Seek OK For Ch. 15
• 2 More Suits Over Madoff Losses Hit Funds
• 2 Claims Survive In $252M BofA Stock Transfer Suit
• Senators Propose $20M Increase For SEC Budget
• Bankrupt Student Lender Sued Over ARS Involvement
• Duane Morris Snags Seyfarth Corporate Finance Pro
• An Echo To Whistleblowing Under Sarbanes-Oxley
• Baker Donelson Snags 3 Attys From Bryan Cave
• Lead Plaintiff Tapped In Investors' Case V. Solar Co.
• Funds Took $255M Before Madoff Collapse: Trustee
• Sens. Seek Subpoena Power For TARP Watchdog
• NYC Comptroller To Probe Quadrangle-Morris Link
• VesCor Receiver Sues For $26M In Ponzi Profits
• TD Banknorth Puts Up $50M To End Shareholder Case
• Class Action Accuses Office Depot Of Cooking Books
• Steel Co. To Pay Pension Funds $4M In ERISA Suit
• United Rentals, Investors Settle Stock Inflation Suit
• High Court Snubs Gilead's Loss Causation Appeal
• Bid For Madoff Involuntary Bankruptcy Gets Blocked
• Former AIG Honcho Tossed From Derivative Case
• Litigation Risks For CMBS Special Servicers
• ScanSource Backdating Settlement Gets Green Light
• SEC, Dick's Sporting Exec Settle Insider Trading Suit
• SEIU Fund Challenges $5B Plus In Exec Pay
• Stanford Wants 5th Circ. To Weigh In On Asset Freeze
• Morgan Peabody CEO Used $9M To Line Pockets: SEC
• SEC Hits Investment Firm With $23M Fraud Suit
• Rattner Linked To NY Pension Fund Kickback Probe
• Valvoline Maker Lodges ARS Suit Against Oppenheimer
• Prudential Unit Ends Market Timing Probes For $68M
• Ex-GMAC Chair Talked To Madoff Investigators: Court
• Accused $428M Time-Share Fraudster Gets Enjoined
• Allstate Op-Ed Sparks Probe From NY Insurance Head
• Are Agreements To Negotiate Enforceable?
• United Rentals Shareholders Refile Suit Over Deal
• SEC FIA Rule Threatens Firms: Insurers
• Pfizer Merger Hangs Wyeth Investors Out To Dry: Suit
• Mills Corp. Shareholder Fraud Suit Moves Forward
• Broker's Market Timing Was Deceptive: 5th Circ.
• CEO Schemes Drove SemGroup Into Ch. 11: Examiner
• UK Firm To Liquidate Antiguan Stanford Unit
• Insurance Companies On Offense
• MBIA Wants Radian Claims Sent To Arbitration
• FTC Issues Revised Rule On Oil Market Manipulation
• Del. OKs Bill To Boost Shareholders' Election Rights
• Choate Hall Nabs Securities Vet From Edwards Angell
• Conn. High Court Tosses Latex Foam Securities Suit
• Stanford Advisers Hit With $40M Commissions Suit
• 2nd Circ. Revives Esquire Case Against CBQ
• PEMG Deal With Ex-Boss Included Media Gag: Atty
• Affiliated Computer Off Hook In Default Dispute
• Citigroup Sold ARS After Market Collapsed: Suit
• Apollo Founders Can't Escape Suit Over Dead Merger
• Citi, Wachovia To Pay $878M To Settle ARS Probe
• SEC, Ex-McKesson Exec Settle Insider Trading Case
• Effects Of CFIUS Rules On Minority Investments
• Parent Co. Owes Asarco $1B Plus Mine Shares: Judge
• Group Told To Cough Up $51M Over Ponzi Scheme
• Hedge Fund Boss Pleads Guilty To Pension Kickbacks
• Investors In Texas Ponzi Scheme To Pay Back Profits
• Holland & Hart Snags Securities Partner From Faegre
• Impax Securities Plaintiffs Seek To Finalize $9M Deal
• Broker Loses Bid For Reconsideration In Fraud Case
• Quinn Emanuel Lures Akin Gump Litigation Co-Chair
• Oppenheimer Investors Vie For Lead Plaintiff Status
• Court Finds $200M Market Timing Payout Sufficient
• Investor Sues MassMutual Fund Over Madoff Losses
• Dreier Unsecured Creditors Win Access To Exhibits
• Broker Indicted For Alleged Role In $40M Scam
• 2 Firms Tapped To Lead Securities Case V. KV
• Madoff UK Fund Files Ch. 15 To Recover Assets
• SEC Recalls Ex-Counsel To Lead Corp. Finance Unit
• Biotech Takes Smaller Share Of Securities Suits In '08
• Ore. AG Sues OppenheimerFunds Over $36.2M Loss
• Subprime Litigation — Where Are We Now?
• Refco Trustee Claims V. PwC, Mayer Brown Dismissed
• $23M Ponzi Plot Targeted Hispanic-Americans: SEC
• Fired GC Must Pay Securities Firm Attys' Fees: Judge
• SEC, Broker Strike Deal Over Gas Options Inflation
• Ex-Tyco Bosses Take Convictions To Supreme Court
• Appeal Nixed In American Tower Derivative Suit
• Review Of BofA Disclosures Is Under Way: SEC
• SEC, Ex-Fidelity Director Settle Insider Trading Case
• Coughlin Stoia, Others Seek $4.5M Of Drug Suit Deal
• 8th Circ. Revives Mutual Fund Fee Suit V. Ameriprise
• Office Depot Sues AIG Unit Over $15M Defense Costs
• BG Paid Out $90M In Bribes To Kazakhs: Shareholder
• SEC Hits Ex-VoIP Execs With Revenue Inflation Suit
• Investors File Ch. 7 Petition Against Madoff
• Pension Funds' Securities Suit V. Vodafone Revived
• Former SEC Enforcement Head Returns To Davis Polk
• Tyco Can't Exclude Premerger Contributions: Judge
• Sonnenschein Lures Wilson Sonsini White Collar Vet
• Sunwest Creditors Hope To Stay SEC Ponzi Case
• The Problems With The Mortgage Bailout Plan
• Ex-Vivendi CFO Dropped From 33 Investor Suits
• Dreier Receiver Issues $1.5M Bill For Fees, Expenses
• 5th Circ. Affirms Dismissal Of Securities Beef V. TXU
• 5th Circ. Revives Shareholder Suit V. Unwired, Execs
• Stanford Ex-CFO Davis May Begin Plea Talks: Atty
• SEC Settlements Surged In 1Q 2009: Report
• $43M Deal OK'd In Securities Suit Over BP Spill
• Agents Sue Brooke Lending Arm For Fraud, RICO
• Chesapeake Shareholders Decry $75M Bonus
• Patton Boggs Adds Finance Pro From Lehman Bros.
• Life Insurers Await Word On TARP Fund Requests
• Deloitte 'Faithless Fiduciary' Suit Gets Green Light
• Claims Pared In M&T's $82M Suit V. Deutsche Bank
• Law Firm Sues State Street Over Risky Lending
• SEC Fights Effort To Push Madoff Into Bankruptcy
• Nacchio Makes Last-Ditch Plea To Skirt Prison
• Ex-White House Counsel Moves Back To Morgan Lewis
• UK Hedge Funder To Pay $3M For Alleged $15M Scam
• SEC Proposes Uptick Rule Among Short-Selling Fixes
• Insider Trading Claims Cut For Ex-Countrywide Execs
• Chevron Proxy Fight Heats Up Over $27B Ecuador Suit
• Former CSK Execs Face Charges Over False Reports
• Mutual Funds Sue MBIA Over Public Bond Unit Split
• CFTC Accuses Fla. Firms, 3 Men Of $17M Fraud
• 5th Circ. Won't Unfreeze Stanford-Controlled Funds
• Securities Class Action V. Threshold Pared Down
• Mayer Brown Bids To Toss Final Claim In Refco Suit
• Sale Set For Madoff's Market-Making Unit
• Sibir Sues Former Execs Over $325M Real Estate Debt
• SEC Defends FIA Rule Against Insurers' Challenge
• Investors Seek Access To Funds In Stanford Suit
• Class Certified In Lockheed ERISA Fight
• Allegations Tossed In Vonage IPO Litigation
• Wash. Hits Wachovia With ARS Fine
• Shareholder Suit Against Vanguard Tossed
• Electro, Zygo To Ask Court To Toss Merger Suit
• $17.5M Settlement In Suit V. Rhythms Execs Gets OK
• Gen Re Unit Ex-CEO Banned From UK Bank Industry
• Closer Scrutiny Of 'Confidential Informants'
• 'Chinese Warren Buffett' Ran $75M Ponzi Scheme: SEC
• Take-Two Settles Suit Over Rejected EA Buyout Bids
• The Impact Of Sutherland V. Sutherland
• Claims Added To Subprime Negligence Suit V. Citi
• Ex-Brocade Execs, SEC Settle Backdating Claims
• SEC Corporate Penalties: The Changing Tide
• Putting The Uptick Back In Short-Selling
• Texas Instruments Sues Brokers Over $524M In ARS
• 3rd Circ. Overturns Amkor Fraud Acquittal
• Understanding Storm Cost Recovery Bonds
• Kilpatrick Stockton Brings On Former SEC Official
• Morgan Lewis Nabs 2 Litigators From Blank Rome
• ERISA Doesn't Shield Tyco From Fraud Action: Judge
• SEC To Unveil Short-Sale Proposals Soon: Schapiro
• Ex-GMAC Chairman Faces Charges Over Madoff Plot
• Kucinich Demands SEC Probe Into Merrill Bonuses
• Axium Trustee Sues Former Execs Over Huge Losses
• $586M Deal Reached In IPO Securities Case
• Canada's High Court Rules On Parallel Class Actions
• Irell Flayed For Ethical Misconduct In Broadcom Case
• Facilitating Workouts With Registration Exemptions
• Clients Target Fiserv Over Losses In Madoff Scheme
• Madoff Brother Gets $10K Monthly Allowance: Judge
• Citigroup And The Duty To Manage Risk
• Bill Seeks SEC Suspension Of Mark-To-Market Rules
• Partner Returns To Latham & Watkins After SEC Role
• FASB Approves Mark-To-Market Rules Changes
• House OKs Bill Linking Executive Pay, Performance
• SEC Accounting Procedures Are Deficient: GAO Report
• FINRA Can Sue Ex-Member To Collect Fines: Judge
• Ex-Gen Re CFO Gets 18 Months Over $600M AIG Fraud
• Investor Sues For Axcelis Docs On Rejected Merger
• Ponzi Schemer Settles With CFTC For $86M
• Ex-WolfBlock Securities Chair Lands At Blank Rome
• Former SEC General Counsel Rejoins WilmerHale
• SEC Sues Over Alleged $67M Real Estate Note Scheme
• AIG Director Behind Bonuses Must Go: Investors
• Investment Adviser Ran $55M Ponzi Scheme: SEC
• Class Cert. Granted to Wells Fargo Trust Recipients
• Retek Prevails In 7-Year-Old Shareholder Class Action
• Some Lockheed ERISA Claims Tossed
• Take-Two To Pay $3M To Settle Backdating Charges
• Kasowitz Lures 5 New Partners To Start Miami Office
• Avoiding ERISA Stock Drop Actions
• Telecom's Merger Fraud Suit V. JPMorgan Tossed
• Consent Decree Approved In $45M Loan Scam Case
• Customers Move To Force Madoff Into Ch. 7
• Secret Source Dooms Merger Suit V. Bioenvision
• Securities Suit V. America Service Group Stays Alive
• Judge Pares Down Backdating Suit V. Apollo Group
• New Century Trustee Seeks $1B From KPMG
• Mass. Agency Accuses Madoff Feeder Fund Of Fraud
• After Delay, Judge OKs Integrated Backdating Deal