Securities Archive » October, 2010

Securities - October, 2010

304 articles

• Morgan Stanley Loses Bid To Exit Rhinebridge Suit
• Wyly Brothers Attack SEC Fraud Suit In Dismissal Bid
• Accused $413M Ponzi Schemer Cosmo Cops Plea
• Banks Brace For Onslaught Of Suits Over Foreclosures
• Duo Handed Jail Sentences Over Stock Fraud
• Judge Keeps Atlas Energy Class Action Alive
• Ex-Con Accused Of Ponzi Plot Against Fellow Inmates
• Westgate Founder Gets 40 Years For Ponzi Scheme
• Smith & Wesson Execs Blasted With Derivative Action
• CommScope Hit With Investor Suit Over Carlyle Deal
• Rome Bank Investors Sue To Block $74M Merger
• Ex-BofA Trader Gets 1 Year For Kickback Scheme
• Treasury Seeks Input On Potential Forex Exemption
• 7th Circ. Partially Overturns Conrad Black Verdict
• FDIC Rule For Securitizations Gets Mixed Reaction
• Shareholders, Talbots Reach $34M Deal In Aeon Suit
• Galleon Insider Trading Informant Settles With SEC
• Boston Trading Duo Charged With $30M Forex Fraud
• Shareholder Action Targets $580M GE-Clarient Deal
• Receiver Lodges Suit Against Starr For $35M
• Wash. Post Hit With Fraud Action Over Kaplan Unit
• SEC, DOJ Probing Diebold's Potential FCPA Violations
• AGA Medical Investor Sues Over $1.3B St. Jude Deal
• Insurance Expert Denison Joins Cummins & White
• SEC Wields New Powers To Get More Cooperation
• SEC Subpoenas Tiger Asia Over HK Probe
• Ex-KB Home CEO Fights Proposed 14-Year Sentence
• Ex-Safescript CEO Gets 30 Months For Insider Trading
• Suit Claims JPMorgan, HSBC Manipulated Silver Market
• Investors Sue Over Madoff Feeder Fund
• Ex-Financial Adviser Gets 8 Years For Fraud
• Citi Unit To Pay LandAmerica Trustee $96M In ARS Deal
• Case Study: Versata And Trilogy V. Selectica
• Proskauer Dodges Tax Shelter Fraud Appeal
• SEC Settles San Diego Municipal Bond Fraud Case
• FINRA Proposes New Broker-Dealer Conflict Disclosures
• Stanford Legal Team Turns Over For 5th Time
• No Deception In Rajaratnam Wiretap Request, Feds Say
• National Century Fugitive Pinched In Mexican Hideout
• Case Study: Diebold V. Northern Trust Investments
• Inergy Ends Investor Suits Over $2B Merger
• $413M Carlisle-Hawk Deal Stiffs Shareholders: Suit
• SEC, Conn. AG Sue Southridge Manager For Fraud
• TARP Watchdog Questions Treasury Math On AIG Bailout
• Decline In Securities Work To Continue Into 2011
• Banks Ask High Court To Review Bailout Details Case
• No Violation In SEC Cooperation On Stanford: DOJ
• Closing The Skilling Gap
• City's Fraud Suit Against WaMu Survives Dismissal Bid
• Sensata Discloses Potential FCPA Violations
• EU Forges Watershed Hedge Fund Regulations
• US Attys Eye Canada As Fertile Class Action Ground
• SEC Asks Apollo Group For More Info In Informal Probe
• CFTC Targets Market Manipulation In New Rules
• BofA Sues Fraudster Starr Over $500K Loan
• SEC Will Streamline System For Securities Tips
• Judge Speedily Dismisses Stanford's Latest Request
• Singapore Exchange To Buy Aussie Counterpart For $8B
• WG Exec's Lawyers Spar With US Over Trial Date
• Feds Want Money, Jewels In Alleged Oil Co. Scam
• KPMG Targeted In BAE Systems Accounting Probe
• Investors Accuse Credit Agricole Of $70.5M CDO Fraud
• Schleicher V. Wendt And Fraud-On-The-Market Doctrine
• 9th Circ. Affirms Dismissal Of Yahoo Derivative Suit
• Fund Says Regions Knowingly Fluffed AmSouth's Value
• DOJ Objects To Severing Atty From MBC Case
• Amedisys Hit With ERISA Suit Over Medicare Issues
• How To Set The Stage For A Global Deal
• Brooks Loses Bid To Block Forfeiture Of Some Assets
• ACL Shareholders Sue Over $777M Merger Offer
• Meta Financial Group Faces Securities Class Action
• NY Court Declines To Bump Up Auditors' Fraud Liability
• B&N Loses Bid To Dismiss Shareholder Suit
• CSC ERISA Plaintiffs Seek En Banc Review In 9th Circ.
• Houston Jury Pool Not Too Tainted For Stanford: DOJ
• DC Circ. Says Execs Owe Bank $650K In Atty Fees
• Morrison Decision Looks Beyond Securities Borders
• Greenberg, Smith Found Liable For 'Sham' AIG Deal
• Ex-Trader Still On Hook For Tips From Insider's Wife
• Walsh Off Hook Over $20M Fee In Tyco Suit
• FINRA Taps Baker Botts Partner As Enforcement Chief
• Investment Firm Wins Toss Of Suit Over Madoff Losses
• Judge Won't Trim Nat'l Century VP's 10-Year Sentence
• Ex-Tobacco Exec Gets 3-Year Probation In FCPA Case
• Lessons From EBay's Battle With Craigslist
• Isaacson Attys Blast Prosecutors, Call For Acquittal
• First Cash Chair Resigns Amid Insider Trading Probe
• SEC Denied Quick Win Against Ex-US Foodservice Exec
• SEC Deal Cuts Ex-Kmart CEO's $10M Hit In Half
• Counsel In Heartland Securities Case Gets $1.2M
• Cobalt Founder Gets 85 Years For Real Estate Fraud
• DOL Sues Investment Cos. For Ignoring Madoff Fraud
• Man Pleads Guilty In $100M Life Settlement Scheme
• Office Depot To Pay $1M Over Alleged Investor Calls
• DOJ, Stanford Spar Over Allegedly 'Vague' Charges
• Nadel Gets 14 Years For Ponzi Scheme, Blames Self
• Mentor Investors' Suit Over $1B J&J Merger Tossed
• Weighing Unilateral Termination Of A Deposition
• Fake-Gold Mastermind Ruled Liable For Statements
• US Atty Pledges To Tackle 'Rampant' Insider Trading
• DOJ Fights To Keep Anklet On Ex-Taylor Bean Chairman
• Ex-Refco CEO Escapes Shareholders' Fraud Fight
• Securities Suit Over Nvidia Chip Failures Tossed
• 5-Year Sentence For Convicted Schemer Absurd: Attys
• Q&A With Dechert's Ned Dodds
• SEC Hits Hedge Fund Bosses With Fraud Suit
• Former Refco CFO Dropped From Securities Action
• Cuomo Seeks $728M From Merkin For Madoff Losses
• More Transparency Needed In FCPA Efforts, Group Says
• FINRA Fines Ferris Baker Over Low-Income Note Sales
• Cogent Investors Say 3M Is Making Tender Offer Threats
• Judge Nixes 'Wordy' Freddie Mac Securities Action
• BofA Sues FDIC Over $1.8B Taylor Bean Mortgage Loss
• Ernst & Young Litigation Chief Heads To Orrick
• Gov't Says Nadel Doesn't Deserve Sentencing Break
• Basel Panel Unveils Liquidity Standards For Banks
• Rajaratnam Calls FBI Wiretap Order Reckless
• Stanford Seeks Release Under Speedy Trial Act
• Madoff Trustee Asks To Cut Loose Fund Investors
• White & Case Adds Oracle Exec To M&A Group
• CFTC Proposes New Rules For Commodity Swaps
• Austrians Convicted In Refco Scandal May Get Retrials
• EU States Approve Strict Hedge Fund Rules
• Investors Lobby For Lead Role In Apollo Fraud Action
• A Securities Litigator's Guide To D&O Insurance, Part II
• Judge Pares Investor Class Action Against Goldman
• Manulife Investors Fight To Keep Class Action Alive
• Ex-Duane Reade CEO Asks For Lighter Sentence
• Treasury To Sell 1.5B More Citigroup Shares Worth $6B
• Grant Thornton Settles Refco Litigation For $25M
• SEC Unveils New Say-On-Pay, Golden Parachute Rules
• DOJ Rejects Stanford Request For Co-Conspirator IDs
• 4 Things To Consider When Deciding To Self-Report
• Merge Healthcare's Suit Over Execs' Legal Fees Nixed
• Top Pearlman Salesman Cuts Deal For Up To 16 Years
• SolarWinds Hit With Shareholder Suit Over IT Contracts
• US Atty Wants Up To 45 Years For Nicholson
• The Changing Landscape For Credit Ratings
• Supreme Court Declines BNY's Dispute With Trustee
• Nadel's Attorneys Seek Leniency
• Office Depot Denied Coverage For SEC Costs
• King's Board Cashing In On $3.6B Pfizer Deal: Suit
• Orrick, Ex-Thornburg Execs Fail To Stop Fraud Suit
• Outgoing CFTC Judge Blasts Colleague, Alleges Bias
• 11th Circ. Reverses Itself On Class Action Threshold
• SEC Wins Fraud Suit Against Troubled Drug Co.
• Q&A With Skadden Arps' Jay Kasner
• Judge Nixes Celestica Shareholder Class Action
• Prosecutors Want 14 Years For Ex-KB Home CEO
• Countrywide's Mozilo Settles With SEC For $67.5M
• Pearlman Sales Agent Gets 1 Year For Mail Fraud
• German Court Nixes $324M Ruling Against Daimler
• Meridian Mortgage Founder Charged With $350M Fraud
• 5 Tricks For Deposing A Class Certification Expert
• Skilling Ruling A Get-Out-Of-Jail Card For Some
• Settlement Ends Protest Of M&M Corp.-Emera Merger
• Shareholder Tries To Bar $640M Bid For Internet Brands
• Ex-CA Sales Exec's Sentence Cut To Time Served
• SEC Says 2 Fund Managers, Firms Gave Petters $1B
• Chimicles Loses Bid For $18M Piece Of Adelphia Pie
• WaMu Reorganization Plan Comes Under Fire
• Convicted AmeriFirst Exec Seeks Acquittal Of Fraud
• Moore, MF Global Told To Reveal CFTC Query Docs
• Governing Disclosure Of Loss Contingencies
• Spat Erupts Over Lead Status In China North Lawsuit
• Ponzi Schemer's Partner Forfeits NYC Apartment
• BP ERISA Suits To Join Securities Actions In Houston
• WaMu Investors Win Class Cert. In Lending Fraud Suit
• Report Raises Red Flags On TARP Contractors
• Martin Act Will Remain A Player, Even With New AG
• SEC Bashes Tourre's Attempt To Kill Fraud Suit
• Prosecutors Want 20 Years For Ponzi Schemer Nadel
• OIG Report Clears SEC In Goldman Case
• 1st Circ. Overturns Toss Of Genzyme D&O Coverage Suit
• Rattner Said To Pay $5M To End SEC Kickback Claims
• Texas Man Gets 10 Years For Oil Investment Scheme
• NightHawk Shareholder Sues To Bar $170M VRad Deal
• DOJ Calls For Harsh Sentence For Okla. Fraudster
• Lloyd's Off Hook For Stanford's Legal Costs
• Settlement OK'd In AIPC-Ralcorp Merger Suits
• Countrywide Escapes MBS Investors Class Action
• Fund Manager's Suicide Threat Sparks Fraud Arrest
• 2nd Circ. Queries Coty On Options Grant For Ex-CFO
• Deal Ends Challenge Of $41B Exxon-XTO Merger
• A Securities Litigator's Guide To D&O Insurance, Part I
• Chancery Court Ups Ante For 'First Filers'
• In-House Counsel Say Corruption Work On The Rise
• Corp. Counsel Expect Rise In Whistleblower Claims
• Class Action Filings Remain Steady, Corp. Counsel Say
• Petters Trustee Sues JPMorgan, Others in Clawback Bid
• Manatt To Pay Fine For Role In NY Pension Scandal
• Plain English Please — Adviser Brochure Rules
• Citigroup Can Keep $41M Sought Over ARS: 1st Circ.
• Experts Say No Need To Ditch Dura Yet
• Take-Two $20M Backdating Settlement Approved
• Spongetech Trustee Wants Case Converted To Ch. 7
• Shareholders Peeved Over $288M Capital Gold Deal
• Accused 'CHiPs' Star Cut Deal In Fraud Case
• SEC Must Produce Evidence On Pentagon Witnesses
• Citibank Can't Nix Morgan Stanley Claim In $245M Row
• Airgas Ordered to Honor Bylaw, Vows Appeal
• Q3 Sees Slight Uptick In Shareholder Lawsuits
• Adviser Indicted In Alleged $10M Ponzi Scheme
• BofA Loses Bid For Interlocutory Appeal In MDL
• R2 Cries Foul Over Citadel's Stock Grants To Execs
• Dick's Fraud Case Goes Forward Despite Skilling Ruling
• Defense Attys Take The Offense In Class Cert. Battles
• Prison Sentences, Fines And Forfeitures ...
• Defense Seeks Leniency For Fraudster Nicholson
• Avandia ERISA Class Actions Consolidated
• GAO Report Sparks Education Management Suit
• Airgas Bashes Air Products 'End Run' Tactics In Buyout
• Disputed Evidence Allowed In Countrywide Execs' Trial
• Reynolds Ordered To Pay $4.1M In Fraud Case
• Sens. Seek Progress On SOX Whistleblower Rules
• Judge Won't Expedite Suit Over 3M-Cogent Deal
• Q&A With Duane Morris' Wayne Mack
• Federal Insurance Loses Stay Bid In A&F Coverage Suit
• Italian Trader Pays $3M To Settle Insider Trading Suit
• Ex-Rothstein Exec Gets 10 Years In $1.2B Ponzi Scheme
• Judge Orders Forfeiture For Fla. Ponzi Schemer
• Radio Host, Partners Arrested For Alleged $7M Fraud
• Hedge Fund Sues Commerzbank Unit For $68M
• Why BHCs Should Focus On Capital
• 'CHiPS' Star Charged In Penny Stock Kickback Scam
• Execs Say SEC, DOJ Wrongly Shared Fraud Case Info
• Dreier's Ex-Wife Loses Early Bid For $7M
• Goldman Fights Claims That Suit Sparked Bonus Cuts
• Ex-NY Prosecutor, Securities Pro Joins Paul Hastings
• Former Broker Gets 18 Months For Sureties Fraud
• FINRA Awards 'Dallas' Star $11.5M In Citigroup Case
• Morgan Keegan Ordered To Pay Bond Investors $9M
• Alberto-Culver Shareholders Decry $3.7B Unilever Deal
• Securities Atty Gets 22 Years For $20M Scheme
• Judge Pares Securities Suit Against Wells Fargo
• Percent Approach Outstrips Lodestar In Class Actions
• Jury Convicts Contorinis In UBS Insider Trading Case
• SEC Sues Ex-Dell Worker, Husband For Insider Trading
• FBI Agent Defends Galleon Wiretap Application
• SEC Offers New Rules On Asset-Backed Securities
• Mo. Firm Sues Deutsche Bank Over $295M CMO
• Fairfield Sentry Moves To Merge Suits Seeking $3.6B
• Madoff Family Seeks To Shut Down $200M Lawsuit
• Del. Judge Refuses To Block $943M 3M-Cogent Deal
• Ambac Drops $6B Claim Against Lehman Brothers
• CFTC Enforcement Actions Up 14% In 2010
• Thompson & Knight, K&L Gates Settle Sunwest Case
• Wilson Sonsini Lures Back Warburg Pincus Director
• Toyota Shareholders Add Japanese Securities Count
• Testing Poison Pill Tolerance In Del.
• Trubion Investor Sues To Halt $135M Sale To Emergent
• SEC Asks Judge To Pull Plug On Alleged Fraudster
• 4 Keys To Handling Whistleblower Claims
• FINRA Probe Nixes Overpayment, Other Claims
• Interstate Bakeries' Insurers Dodge $56M Payout
• German Bank Flays Goldman Over $37M CDO Sale
• CFTC Wins $41M In Idaho Ponzi Scheme Suit
• 3 Perrigo Board Members Walk From ARS Class Suit
• Judge Retains Most Claims Against Ivy In ERISA Suit
• SEC Settles Insider Trading Claims With UBS Banker
• Matrixx Investor Battle Could Spur Overdisclosure
• Del. High Court OKs Net Loss Poison Pill
• US Seeks To Squash Schemer's Acquittal Plea
• 3rd Circ. OKs $6.5M In Attys' Fees In Veritas Fraud Deal
• Judge Defends 'Disparities' In Fraud Sentences
• Time For The Supreme Court To Weigh In On Rule 23?
• Feds Nab Investment Adviser Over $2M Fraud
• Ex-Sentinel Auditor Fined Over Securities Scandal
• Hypercom Ignoring Viable Takeover Bid, Suit Says
• Character Testimony Bid Nixed In Insider Trading Case
• Swiss Re Wins Dismissal Of Credit Default Swaps Suit
• Sanofi Takes $18.5B Bid To Genzyme Shareholders
• Rigases Denied High Court Appeal Of Prison Terms
• SEC Pauses Proxy Access Rules Amid Challenge
• Toss Criminal Suit, Civil Suit Is Enough, Stanford Says
• Ex-UBS Banker Lied In Insider Trading Case: Atty
• US Asked To Weigh In On Securities Cert. Standards
• Aldus, Investors End Fight Over Pay-To-Play Claims
• Prosecutors Misled Judge In Wiretap Bid: Rajaratnam
• Fremont Settles Securities Class Action
• Class Cert. Rulings A Boon To Expert Witness Industry
• Supreme Court Asks US To Weigh In On Loss Causation
• Legal, Compliance Employees On The Hook After Urban
• Detroit Pension Funds Sue UBS Over $40M Investment
• Cogent Investor Says NEC Was Shut Out Of 3M Deal
• Report Finds 1 Automatic Trade Triggered 'Flash Crash'
• Oil And Gas Co. Exec Gets 97 Months For Ponzi Scheme
• Walgreen Beats Shareholder Suit Over Analyst Report
• SEC Hands Satyam Wells Notice Over Massive Fraud
• 9th Circ. Nixes ERISA Backdating Suit Against CSC
• CFTC Unveils New Derivatives Market Proposals
• Man Indicted Over $228M Real Estate Ponzi Scheme
• SEC Accuses FreedomTree Of Misleading Investors
• AIG Wins Bid To Nix Action Over Madoff Coverage
• Parallel DOJ, SEC Probes Were Legal, Feds Say
• Petters Firms Plead Guilty In Deal With Prosecutors
• Scholastic Closes Book On Shareholder Class Action
• All Claims Dismissed In Bare Escentuals Class Action
• Ex-Pali CEO Sues Glaser Weil Over Defense Fees
• Foreign Courts Eyed For Class Actions Post-Morrison
• Tenn. Investment Adviser Gets 8 Years For $7M Fraud
• Texas Broker Sentenced To 15 Years In Prison
• Plaintiffs' Attys Must Pay Star Gas Fees In Fraud Action
• Legal Hold May Keep You Out Of Jail Over E-Discovery