Securities Archive » March, 2010

Securities - March, 2010

266 articles

• CFTC Finalizes New OTC Derivative Class
• E&Y, KPMG Escape Fund Investors' Madoff Claims
• SEC Needs To Fix Internal Control Problems: GAO
• SEC Loses Summary Judgment Bid In Qwest Exec Suit
• Zenith Pummeled By Shareholders Over $1.4B Deal
• Morgan Stanley Wriggles Out Of Suit Over $66M In ARS
• SemGroup Litigation Trust Seeks $56M Recovery
• 2 Arrests Made In $1.7M Insider Trading Ring
• SEC Inks 3rd Deal In SemGroup Insider Trading Probe
• Schottenfeld Group, SEC Reach $1.2M Galleon Deal
• Shareholder Suit Accusing AIG Of Waste Tossed
• Rising Star: Winston & Strawn's Catherine Schumacher
• International Accounting Standards For US Cos.?
• Fremont General Shareholder Suit Tossed
• Rising Star: Kelley Drye's Michael C. Lynch
• Ex-Arnold & Porter Partner Gets Probation In Tax Case
• Stanford Asks To Switch Lawyers
• FCPA Enforcement Actions Increasing In Scale: Report
• High Court Backs Gartenberg In Mutual Fund Fee Fight
• Australian Creditors OK'd To Sue Over Lehman Losses
• Wachovia Hedge Fund Spat Sent To FINRA Arbitration
• Malpractice Suit Against Paul Weiss Time-Barred
• Madoff And The Scope Of SIPA Protection
• Red Hat Strikes $20M Deal In Shareholder Action
• EADS Gets Case Over Airbus A380 Delays Grounded
• Ohio Investment Adviser Charged With Futures Scheme
• Eaton Vance Broker Payments Illegal: Derivative Suit
• Ex-IBM Exec Cops To Conspiracy Charge In Galleon Suit
• Justices Grill Attys In Foreign-Cubed Case
• 11th Circ. Sides With BofA In Prime Broker Case
• Merck Deal, With $3.5M In Fees, OK'd Over Objections
• Rising Star: Akin Gump's Jeffrey King
• Istar Can't Nix Shareholder Class Suit Over Offering
• Ex-WMI Exec Wins New Trial In Credit Agreement Spat
• Law Firm's ERISA Suit Against State Street Tossed
• Recent Financing Trends In US M&A Deals
• Ex-Brocade CEO Again Convicted In Backdating Case
• Fla. City Sues Wachovia Over $15M Lehman Loss
• Fund Investors Can Look At Dickstein Docs: Judge
• KV Pharmaceutical ERISA Class Action Tossed
• Sidley Adds Wilson Sonsini M&A Attorney In Palo Alto
• Rising Star: Baker Botts' Danny David
• Bill Offers Ponzi Scheme Tax Relief To Small Investors
• Chinese Oil Co. Says Ex-Worker Took Daimler Bribes
• Atty To Refile Nixed Sugar & Felsenthal Ponzi Suit
• King & Spalding Adds Orrick Securities Litigator In DC
• The DOJ Truth-Seeking Mission
• Fifth Third Bank SLUSA Fight Heads To High Court
• SEC To Probe Funds' Use Of Derivatives
• Ex-Davis Polk Atty Tapped To Lead SDNY Fraud Unit
• Restitution Can Leave D&O Policyholders High And Dry
• SEC Enforcement Finally Fills Chief Accountant Job
• Execs Push CFTC To Reject Metals Trading Limits
• Muni Derivatives Suit Against 16 Firms Moves Ahead
• Horizon Holdings To Cough Up $7M From Ponzi Plot
• Atlanta Fund Manager Fessed Up To Fraud: Suit
• SEC Wins Hack-And-Trade Suit Against Ukrainian Man
• Contract Suit V. Ex-Amaranth Unit Barred In India
• SEC Warns First Horizon Exec About Sentinel Claims
• Attorneys Evade Sanctions In GGP Shareholder Action
• PCAOB To Weigh Auditor, Board Communications
• Case Study: Pendergest-Holt
• Feds Nab UBS Banker In Alleged Insider Trading Plot
• Lake Dow To Pay $24M For Aurora Fund Fraud
• Rising Star: O'Melveny's Matthew Close
• Ex-Madoff Director, Programmers Deny Aiding Fraud
• Teva's $70M ARS Suit Against Deutsche Tossed
• Argentina Gives Hedge Funds Slip In Assets Battle
• Rajaratnam Wins Stay On DOJ Wiretap Evidence
• Defendants Pan SEC's 'Feeble' Insider Trading Case
• Rising Star: Paul Weiss' Susanna Buergel
• UK Agency Makes 7th Arrest In Insider Trading Probe
• SEC Accuses Realtor Of Running $80M Ponzi Scheme
• When Is A Cautionary Statement Not Meaningful?
• Axonyx Off Hook For Alzheimer's Drug Securities Suit
• Ex-IBM Exec Waives Indictment In Galleon Case
• Credit Suisse Ordered To Pay $354M Over ARS
• Schwab, Investors Face Questions Over Mutual Fund
• Jump In Securities Class Action Deals Signals Rebound
• Rising Star: Sullivan & Cromwell's Nicolas Bourtin
• Pay Czar Seeks Further Cuts For Top Bailout Execs
• DOJ Hits Daimler With Bribery Charges Under FCPA
• 3rd Circ. Blocks Phila. News Lenders From Credit Bids
• Combating STAT Abuse
• Medical Experts Allowed In Pfizer Securities Suit
• Securities America Sued Over $2B Med Cap Fraud
• Madoff Victims Take 'Net Equity' Ruling To 2nd Circ.
• Rising Star: Orrick's Penelope Graboys Blair
• Dodd Financial Reform Bill Headed To Senate Floor
• Venture Capitalists Fall Prey To Fiduciary Suits
• Howrey Bolsters White Collar Team With Wildman Atty
• Cell Therapeutics Sued Over 'False' New Drug Filings
• Suit Tries to Sink $275M SouthWest Water Merger
• Nadel Receiver Inks $1.2M In Investor Settlements
• Credit Rating Firms Tossed From Lehman Suit
• Ashland Appeals Dismissal Of Oppenheimer ARS Suit
• SEC Warns Firms After JP Morgan Muni Bond Probe
• 7th Circ. Puts Sentinel Trustee Back On BoNY Warpath
• Fed Must Give Bloomberg, Fox Bailout Info: 2nd Circ.
• Alcon Shareholder Drops Bid To Block Novartis Deal
• Fiduciary Duty For Brokers A Bad Call, Attys Say
• SEC Case Against Former Gabelli Managers Trimmed
• Broidy Can't Halt $1.3M Fee Dispute With Gibson Dunn
• The Latest In Secondary Actor Liability
• 5 Issues To Watch In Finance Bill Markup
• Ex-Nixon Peabody Atty Settles Insider Trading Claims
• FINRA Expels Broker-Dealer Linked To $485M Ponzi
• St. Jude Medical In Hot Water Over 'False' Financials
• Faulty Accounting Lands Ormat In Securities Flap
• 'Fly' Swatted With Injunction In Brokerage News Spat
• Court Won't Refer Rothstein Claims To Ch. 11 Trustee
• Ex-Biovail Exec Can't Dodge SEC Fraud Suit
• Democratic Fundraiser Cops To $292M Bank Loan Fraud
• FINRA Enforcement Chief Plans Her Exit
• Kerkorian Firm To End Insider Trading Suit For $8M
• Pristiq-Related ERISA Suit Against Wyeth Gets Booted
• SEC Looking Into TheStreet.com's Financials
• Limits On Analyst-Banker Communications Remain
• 'It Was The Economy, Stupid' — Loss Causation And ARS
• Ex-Fieldstone GC's Whistleblower Suit Thrown Out
• SEC Atty Seeks To Avoid Deposition In Fraud Suit
• Medtronic ERISA Suit Over $510M IP Payouts Tossed
• Panera Shareholder Suit Pared Under Safe Harbor Rule
• Dismissal Of FINRA Merger Class Actions Appealed
• Holland & Knight Can't Avoid Nadel Malpractice Claim
• Subprime Action Against Canadian Imperial Bank Nixed
• No Quick Trial In Airgas, Air Products Takeover Spat
• Forte Ponzi Receiver Points To Investor Red Flags
• FHLB Seeks $19B ARS Refund From BofA, Others
• Madoff Computer Programmers Charged In Ponzi Case
• Most Of ERISA Suit Against State Street Tossed
• Delta Says Worker's $100M ERISA Claim Not Priority
• Dutch Pension Fund Takes Aim At BofA, Merrill Deal
• MarketXT Fraud Case Against Colo. Law Firm Tossed
• Schapiro Says SEC Moving Past Missteps
• Tentative Deal Struck In Gilead Securities Action
• Bryan Cave Grabs Husch Blackwell Securities Team
• Judge Boots Fraud Suit Against CBS, Leaves Opening
• GOP Lawmakers Pooh-Pooh SEC Climate Directive
• FINRA Priorities And FINRA Results
• Counsel Inadequate In Revlon Shareholder Suit: Judge
• Musicland Investor Teo Pays $1M For Insider Trading
• Lloyd's Must Cover Stanford Defense: 5th Circ.
• Citigroup Plan Participants' ERISA Claims Trimmed
• Madoff Kin Say They're No Bernie, Want Suit Tossed
• KLA-Tencor Shareholder Case Settled For $42.6M
• On The Rise: Corporate Carveouts In The US
• Phoenix Sues Ambac, Others Over Steep Bond Rates
• InfoGroup Ex-CEO To Pay $7.3M To Settle SEC Claims
• 3rd Ex-CDR Worker Admits To Bid-Rigging Conspiracy
• Ponzi Schemer Gets 17.5 Years, $18M Restitution
• Dodd Reveals Financial Reform Bill Amid Criticism
• Intel Wants Derivative Suit Over Antitrust Claims Axed
• Ex-McGuireWoods Atty Admits To Securities Fraud
• Ex-NY Bank Exec First To Be Charged With TARP Fraud
• Freshfields' US Litigation Group Gains 3 New Partners
• Conseco Wants Union's Securities Class Suit Tossed
• Ex-Macquarie Adviser Admits Market Manipulation
• Ex-Mobile Ready CEO Reaches Deal With SEC
• A New Market Access Rule For Broker-Dealers?
• Holland & Knight Chair Heads To Podhurst Orseck
• Apache Gets OK To Exclude Plan From Proxy Materials
• Credit Suisse Securities Suit Still In Play
• Petitioners Seek Early Remand For Foreign-Cubed Case
• Co-Defendant Seeks Severance From Rajaratnam Trial
• Eagle Rock Looks To Settle Unit-Holder Class Suit
• Fund Manager Says SEC PIPEs Suit Comes Up Short
• Medivation Sees Shareholder Ire Over Alzheimer's Drug
• Cowboys Owner's Oil Co. Snared In $15M Fraud Suit
• Demand Letter Stymies McGraw-Hill Derivative Suit
• Insurer Must Pay A&F's Securities Defense: 6th Circ.
• Citizens United: A Congressional Opportunity
• Vanderbilt Pay-For-Play Fraud Cost NM $288M: Suit
• Ex-Boston Provident CFO Pleads Guilty To $3M Fraud
• Suit Seeks To Stop FirstEnergy Purchase Of Allegheny
• Constar Execs Released From Securities Fraud Suit
• Lehman Manipulated Balance Sheet, Examiner Finds
• Arnold & Porter Snags Arent Fox White Collar Team
• Fund Underwriter Execs Dodge Implied Statement Claim
• Piedmont REIT Investors Win Cert. In Securities Spat
• Northern Trust ERISA Suit Survives Bid To Toss
• Taylor Bean Creditors Say BofA Snubbed Contract
• Suit Over UBP Madoff Losses Tossed For Preemption
• XTO Gets Tax Refund Derivative Suit Tossed Over Venue
• To Cross Or Not To Cross, That Is The Question...
• Judge Queries Del. Court On Merrill Derivative Suit
• Dykema Bests Malpractice Suit Appeal
• Pension Fund Exec Pleads Guilty In Pay-To-Play Case
• Citigroup Dodges Arbitration Over Swap Write-Down
• Conn. AG Hits Moody's, S&P With Subprime Suits
• Sens. Introduce Volcker Bill Despite Weak Support
• Case Study: SEC V. Conaway
• CFTC Accuses C&R Financial Of Running Forex Ponzi
• MEMC Shareholders Lose Suit Over Factory Problems
• Talbots Reaches Stipulation Allowing For Aeon Deal
• Bid To Revive Omnicom Securities Class Action Nixed
• Presstek Settles SEC Fair Disclosure Investigation
• SEC Targets Ex-Trader Over Stock Loan Kickbacks
• SEC's Chief Economist To Step Down
• Corrected: $4M Mediated Settlement To Targus Upheld On Appeal
• CBS Board Tries To Nix Derivative Suits
• Energy Groups Seek Exemption From OTC Reform
• Ambac Appeals Remaining Claims In Shareholder Suit
• Madoff Cash In/Cash Out Ruling Heads To 2nd Circ.
• Receiver Targets Stanford Ally For Ponzi Gains
• King & Spalding Grabs Two More From Orrick
• Ga.'s Take On Holmes V. Grubman
• UK Panel Eyes Kraft Claims On Cadbury Plant: Report
• Former Bank Of Montreal Director Settles with CFTC
• CFTC Ban On Fraudster Must Be 'Proportionate': Judge
• Insurer Hits Roadblock In Sanford Coverage Case
• Supreme Court Narrows Scope Of Speedy Trial Act
• Lehman, Creditors Slam Minibond Appeal Effort
• LeClairRyan Picks Up DLA Piper White Collar Atty
• SEC, Wellco Salesmen Strike Deal In Oil Venture Suit
• Practical Tips For Preparing A Video Deposition
• High Court Dashes Commodity Pool Jurisdiction Appeal
• Atty Sanctions Sought In Merck-Schering Merger Suit
• 2nd Fraud Scheme Gets Texan 25-Year Sentence
• Coke Bid To Buy Bottler Challenged By Shareholders
• Bondholder Group Sues Banks Over Tribune Buyout
• Ex-Ala. Mayor Gets 15 Years In Bond Scheme
• Cooper Cos. Fails To Shake Securities Class Action
• First Allied Settles SEC's Supervision Claims For $2M
• Del. High Court Seeks Input On AIG Claims Against PwC
• Examiner Backed In Bid To Unseal Lehman Report
• The Regulation Of Private Fund Advisers
• UBS Agrees To Buy Back $200M In ARS In Texas Deal
• Attorneys Fear Return Of Outside Compliance Monitors
• European Court Nixes UBS Suit Over Madoff Plot
• SEC Settles Accounting Claims With Ex-Comverse Unit
• Climate Change Disclosures For Public Companies
• Oppenheimer Can't Make Deutsche Parent Arbitrate ARS
• Shareholder Class Action Against State Street Tossed
• Insider Trading Suit Against Toll Bros. Execs Stands
• American Equity Settles SEC Proxy Disclosure Claims
• Former Atheros Exec Pleads Guilty In Galleon Case
• SEC To Beef Up NYC Office Amid Ponzi Fallout
• Rethinking Non-GAAP Financial Measures
• Former Top AIG Corporate Counsel Joins DLA Piper
• SEC, IRS Form Municipal Bond Oversight Committee
• XTO Energy Investors Move To Stop $41B Exxon Deal
• Amgen ERISA Case Doesn't Hit Proper Targets: Judge
• Fund Sues Banks Over Support Of Lancelot Fraud
• Monster.com Ex-GC Gets Probation For Backdating
• Superseding Stoneridge
• WilmerHale Corporate Atty Jumps To DLA Piper
• Jilted Health Co. Investors' Insurance Claim Rejected
• Ex-Execs Of WebMD Unit Convicted Of Conspiracy
• Class Actions Over FINRA Merger Tossed
• Fremont, Others Nix Claims In Reserve Securities MDL
• Doeren Mayhew Accountants Blast $250M Ponzi Suit
• Plaintiffs Appeal Dismissal Of ARS Antitrust Class Suits
• Morgan Stanley Hits Back In $245M CDS Contract Spat
• Justices Skeptical About Skilling Conviction
• Gagosian Gallery Makes Play For $3M Stanford Bullion
• Court OKs Ex-McKesson HBOC GC's Deal With SEC
• High Court Rejects Argentine Attachment Appeal
• Fraudster's Wife Agrees To Release $20M In Assets
• Madoff Trustee's Cash In/Cash Out Method Gets OK
• Astellas Ups Ante In $3.5B Hostile Bid For OSI
• Suit Over Chesapeake CEO's $75M Bonus Tossed
• Star Receiver Settles Fraud Suit Against Broker
• Goldman Rejects Shareholders' Compensation Demands
• Another ERISA Action Dismissal
• Say-On-Pay Bill Unveiled In Senate