Securities Archive » May, 2011

Securities - May, 2011

372 articles

• Mo. Appeals Court Upholds $60M AG Edwards Settlement
• Lehman Reportedly To Settle $22B Derivatives Claims
• Orthovita Shareholders Sue Over $316M Stryker Deal
• E&Y, KPMG Exit Suit Over Insurers' Madoff Investments
• Madoff Trustee Could Lose Venue Fight In $60B Kohn Suit
• Ex-Galleon Trader Offers No Defense In Merger Tips Trial
• Wolverine Tube Sues To Stop Ch. 11 Objection
• Chesapeake Agrees To Settle Suit Over $315M Deal
• Oil Traders Face Investor Class Action After CFTC Suit
• DOJ Wants Conversion CEO's Bond Revoked After Run
• Ex-Tvia Exec Settles SEC Fraud Suit
• Greenberg Traurig Adds 2 Securities Attys To Fla. Office
• AIG Units Fight Coverage Of Lennar Extortion Claims
• Citigroup Sues Impac Over Botched SEC Filing
• Goodwin Procter Woos Securities Star From Orrick
• A Pass For Lehman Rating Agencies
• Ex-Waste Management Accountant Settles With SEC
• FINRA Targets Investment Firm DLA Over $2B REIT
• The Hidden Risks Of Being A Registered Agent
• W.Va. High Court Sidesteps Alpha-Massey Deal Challenge
• Supreme Court Rebuffs Conrad Black Appeal
• Q&A With Latham's James Brandt
• Lehman Insiders Hoodwinked Real Estate Investors: Suit
• $14.3M Deal Ends LandAmerica, SunTrust ARS Dispute
• Highview Point Agrees To Dismiss Ch. 11
• Ex-Acorn Exec Can't Nix Suit Over Petters Ponzi Scheme
• Umpqua Investors Sue Directors Over Exec Pay
• Morgan Stanley Claim Nixed In Citi's $245M CDS Row
• Nvidia Analyst, Hedge Fund Founder Plead Guilty
• 7th Circ. Won't Rehear Kraft ERISA Challenge
• Principal To Face Westgate Fiduciary Breach Claims
• MBIA's Morgan Stanley Subprime Suit Stays Alive
• 4 Charged With Fraud In Rothstein Ponzi Scheme
• ARB Ruling Offers Broad View Of SOX Protections
• Q&A With Holland & Knight's Joe Varner
• Class Action Exposure Post-Concepcion
• Q&A With Cleary's Tom Moloney
• China Voice Sues Insurer For Defense In SEC Suit
• Calif. Pizza Kitchen Investor Sues To Block $470M Buyout
• ML Servicing Says Greenberg Suit Belongs In State Court
• Citi Seeks To KO Lehman Trustee's $1.3B Clawback Suit
• RIM Investor Says False Remarks Inflated Shares
• Stanford Investors Sue BDO For Alleged Ponzi Scheme Role
• Massey Investors Fend Off $7.1B Alpha Deal
• 2 Plead Guilty In $806M Le-Nature's Fraud Case
• W.Va. High Court Asked To Block Massey-Alpha Deal
• Colonial Asks Judge To Reconsider Ch. 11 Plan
• Mets Score $200M Investment, Try To Strike Picard Suit
• Troubled Longtop Financial Slapped With Investor Suit
• Ex-Nasdaq Exec Pleads Guilty To Insider Trading
• Texas Man Gets 10 Years For $11M Forex Ponzi Scheme
• Madoff Investors Want Trustee's $44M Fee Bid Blocked
• Ill. Court Says Winterland Investors Can Sue Owners
• Heartland GC Loses Bid To Nix Insider Trading Ruling
• Tecumseh Execs Told To Shell Out $11M In Fraud Suit
• Q&A With McDermott's Banks Brown
• 'Knowingly' Vague: Intent In The FCPA
• Credit Suisse, Merrill Fined $7.5M For Subprime Wrongs
• Trigon Founder Cops Plea Deal In $76M Ponzi Case
• $40M Ponzi Schemer Asks For Light Sentence
• ATM Investment Fraudsters Must Pay $58M Restitution
• Sens. Grapple With OTC Derivatives Reform
• 'Idol' Owner Hit With Class Actions Over $512M Sale
• Feds Want $31M From Convicted Taylor Bean Fraudster
• Feds Target Avon In Foreign Bribery Probe
• Galleon Trader Says He Gave Cash To Tipsters
• Rajaratnam Calls Case 'Rank Speculation,' Seeks Acquittal
• Reserve Must Hand Over Emails In Investor Fraud MDL
• SEC Whistleblower Changes Not Enough, Attys Say
• Judge Makes Docs Public In Innospec Antitrust Case
• Judge Backs Morgan Stanley Over In-House Trading Rule
• 6th Circ. Revives Fraud Action Against Ex-Dana Execs
• High Oil And Gas Prices Heighten Risks
• Atty Tells 2nd Circ. Madoff Investor Suit Has Legs
• Q&A With Gibson Dunn's Lawrence Zweifach
• SEC Seeks Sanctions Against Texas Mining Exec
• Massey Brass Imperil Mine Safety, Investors Say
• Adviser Gets 2 Years For Trading On Ex-UBS Banker's Tips
• 2nd House Committee OKs Delay For Swap Rules
• CFTC Hits Traders With $50M Oil Manipulation Suit
• Ex-Xinhua Finance Board Member Denies Insider Trading
• Houston Pension Plan Takes Aim At Highland Capital
• Holland & Knight Nabs M&A Pros From Pillsbury, Herrick
• Sen. Seeks Review Of SEC Oversight Of SAC Capital
• SEC Seeks $1.5M From Ex-AMG Chief For Cooking Books
• WaMu Nears Ch. 11 Exit With Shareholder Deal
• Wachovia Unit Tells 2nd Circ. It Need Not Arbitrate
• Q&A With Akin Gump's Stephen Baldini
• Q&A With Dechert's Matthew Larrabee
• For Whom American Pipe Tolls, Or Doesn't
• Judge Won't Move Madoff Trustee's JPMorgan Suit
• Madoff Investor Can't Stop $7.2B Picower Forfeiture
• Primedia Investor Sues Over $525M TPG Buyout
• Manulife Escapes Shareholder Fraud Action
• Tenn. Financial Adviser Gets 6 Years For $11M Ponzi
• Countrywide Seeks Exit From Funds' Subprime Suit
• SEC Seeks Retrial For Isilon Executive's Fraud Suit
• Goffer Never Knew Ropes & Gray Tipster: Atty
• Innospec Can't Shake Antitrust Claims Over Iraq Bribery
• HSBC Made False Statements In $13M MBS Deal: Insurer
• HSBC Can't Shake $525M Suit Over PEMGroup Fraud
• Dechert Snags State Appellate Judge For NY Office
• Schawk Could Face SEC Action Over 2008 Restatement
• Banque Syz Hit With $73M Madoff Clawback Suit
• Nuveen Agrees To $3M FINRA Fine Over Illiquid Bonds
• Longtop CFO Jumps Ship As SEC Launches Probe
• Q&A With McDermott's Bobby Burchfield
• Q&A With WilmerHale's Peter Macdonald
• XenoPort Investors' Horizant Suit Tossed For Now
• Pride, Ensco Tweak Merger Deal To Settle Class Action
• PGA Blasts Stanford Trustee's $13M Clawback Suit
• Judge Clears $3.5B Rock-Tenn Bid For Smurfit-Stone
• OppenheimerFunds Pays $100M To End Investor Suits
• Sullivan & Cromwell Settles Fee Fight With Ex-Partner
• NC Man Charged In $3.2M Ponzi Scheme
• Q&A With Jones Day's Chris Lovrien
• Citigroup To Face Pa. Pension Fund Case In State Court
• Twombly And Iqbal's Impact On Affirmative Defenses
• Freshfields Adds Kramer Levin Litigator In NY
• SEC Taps Vanderbilt Finance Whiz For Top RiskFin Job
• SEC Nabs $3M Judgment In Liberty Mutual Stock Tip Suit
• Q&A With O'Melveny's Brad Butwin
• Chadbourne Snares More McDermott FCPA Pros
• Q&A With Jones Day's Scott Fletcher
• Madoff Trustee Presses $1B Suit Against Mets Owners
• Ex-Telecom CEO Cops To Foreign Bribery Charge
• Cos. Feel Heat From SEC's Deferred Prosecution Deal
• Judge Ups Verdict Against Texas Oil Tycoon To $196M
• Countrywide MBS Suit Revived In Calif. State Court
• Ex-Ropes & Gray Atty Says Trader Paid Cash For Tips
• Zuckerman Targets BDO Over $40M Madoff Investment
• Judge Tosses Claims In Investors' TriCentury Suit
• Ex-Exec Says SEC, Others Conspired Against Stock Biz
• Cohen Milstein Lures Antitrust Pro For Fla. Office
• Ex-MBC Atty Cops To Role In $837M Insurance Scheme
• SEC Probes Embattled CHS' Medicare Billing
• The FCPA's Increasingly Global Reach
• SEC Enforcement Chief Exalts Partnership Programs
• BofA Sells Back BlackRock Stake For $2.6B
• Wilson Sonsini Lures Famed Del. Chancellor
• Q&A With Foley & Lardner's Barry Mandel
• Obama's SEC Nominations Include WilmerHale Atty
• Judge Stays Case Over Point Blank Deregistration Plan
• US Calls Goffer 'Ringleader' In Ropes & Gray Scheme
• Ex-Mid-America Exec Can't Ditch Investment Scheme Suit
• 3rd Circ. Keeps NJ's Suit V. Merrill In State Court
• Madoff Trustee Settles $212M Claims With Feeders
• Diamondback Capital Broker Cops To Insider Trading
• Neb. Brokers Cop To $20M Securities Fraud
• Judge Won't Consider Senate Report In $1.6B Goldman Suit
• Ex-Enron CFO Fastow Transferred To Halfway House
• Depositions Stayed In SEC's Muni Bond Fraud Suit
• JP Turner Shakes Investors' Fraud Action
• One Step Forward, Two Steps Back
• Q&A With King & Spalding's Richard Marooney
• Q&A With Akin Gump's Stephen Mansfield
• Ex-Cozen Partner Gets No Prison Time For Pension Scheme
• SEC Seeks To Strengthen Rating Agency Conflict Rules
• Ex-Taylor Bean Exec Sues Insurer For $2M Defense Costs
• Citi Dodges Derivative Suit Over MBS Investments
• Corus Execs, Investors Settle Class Action For $10M
• Calif. Bank Execs Duck Securities Class Action
• Court Muzzles Plaintiffs In $137M BofA Muni Bond Pact
• Firm Fights Icahn's Sanctions Bid In Blockbuster Case
• Ex-Hagens Berman Attys' Fraud Suit Moves To Wash.
• Adviser Wants Out Of Steel Tech Insider Trading Suit
• Stanford Receiver Fights Ex-CEO's Bid To Toss $3M Suit
• SEC Seeks Quick Win In Gryphon Fraud Case
• Q&A With Greenberg Traurig's Mike Piazza
• Tenaris Pays $8.9M Over Uzbek Bribery Allegations
• Does FINRA Accurately Seed Enforcement Issues?
• Santander Investors Fight To Stay In Madoff Case
• Q&A With Skadden's Charles Schwartz
• Q&A With O'Melveny's Jonathan Rosenberg
• NY AG Targets BofA, Goldman, Others In MBS Probe
• DOJ Jostles With SEC Over Muni Bond Suits
• Cayman Entities Say BofA Should Face Parmalat Claims
• Nasdaq, ProShares Sued Over ETF Patents
• Madoff Trustee Wants $114M From Investment Funds
• Nicor Witness Says SEC Testimony Could Land Her In Jail
• Day Trader Admits To Profiting From BrunswickTips
• Winklevoss Twins To Take Facebook Case To High Court
• ING Drops $500M Suit Against Ex-New Century CEO
• SEC Can Use Probe Docs In McGinn Fraud Suit: Judge
• Volcom Investor Sues Over Proposed $600M PPR Offer
• $15.8M Forex Fraud Suspect Wants Trial Moved To Atlanta
• DOJ Drops Hammer On $11B Nasdaq-ICE Bid For NYSE
• S&P Offers To Cap Licensing Fees To Settle EU Probe
• Ex-CSK Auto Exec Pleads Guilty To Fraud
• A Picture Is Worth 1,000 Words, But T-3 Is Priceless
• Judge Won't Delay Insider Trading Trial Over Raj Link
• Life Partners, CEO, GC Could Face SEC Action
• Jury Backs Bayou In $13M Clawback Row With Hedge Funds
• Davis Polk Reps BATS In Potential $100M IPO
• CHS Faces Investor Suit Over Alleged Medicare Fraud
• SEC Worker Says She Got Demoted For Spying Stanford Plot
• Zuckerman Spaeder Atty Fights To Stay On BCI Fraud Case
• Q&A With Latham's Zach Fardon
• EU High Court Sends $112M JPMorgan CDS Suit To UK
• Warner Music Shareholder Sues Over $3.3B Sale
• The Quest For 'Conflict Minerals' Accountability
• J.Crew Sues Over Aborted $10M Merger Settlement
• Puda Coal's Board Sued For Alleged Secret Chinese Sale
• NY Hedge Fund Manager Hit With Fraud Charges
• 2 Get $3M Fine In Merrill, Goldman Insider Trading Suit
• Chinese Reverse Merger Cos. Must Audit By The Rules
• Ex-Keystone Chair Gets 3 Months For Trading Scheme
• Analyst's Tapes Allowed In Expert Networking Case
• UniCredit Presses To Move $60B Madoff Clawback Suit
• Jailed Ex-Mayor Seeks To Stay Out Of Related Fraud Suit
• Sens. Push CFTC To Rein In Oil Futures
• Investor Suit Against IT Biz SolarWinds Dismissed
• Q&A With Paul Hastings' William Sullivan
• BP MDL Plaintiffs Seek Separate Trials
• FINRA's Reminder Of FCPA Compliance Obligations
• Enron Remnants, Hewitt End $9M Settlement Battle
• SEC Sues Alleged Wannabe Beverage Magnates For $8M
• Ky. Jury Finds 2 Guilty In Oil Investment Scheme
• GSK Beats ERISA Class Action Over Stock Price Drop
• SEC Investigating State Street Forex Deals
• How They Won It: Ropes & Gray LLP
• Lindsey FCPA Verdicts Prompt Hard Look At Trial Risks
• Michael Baker, Energy Unit Workers To Settle With SEC
• 2nd Circ. Won't Revive Coverage Suit Over Madoff Scheme
• Ex-TSMC Worker Pleads Guilty In Networking Scheme
• Obama Nominates Reid Aide For CFTC Post
• Credit Suisse Faces More Possible Damages In ARS Case
• FCA, FHA Lending, And US V. Deutsche Bank
• FDA Asked To Probe 3M's MRSA Clinical Test Conduct
• 2nd Circ. Lets Ratings Agencies Off Hook In MBS Suits
• Rothstein's Wife To Hand Over Luxuries In Ch. 11 Deal
• Investors Say SEC Not Exempt From Stanford Gaffes
• Canadian Appeals Court Rejects Icahn's Lionsgate Appeal
• What The UK Bribery Act 'Is' And 'Is Not'
• K&L Gates Nabs 2 Hunton & Williams Corporate Partners
• Raj Win Could Net DOJ More Insider Trading Pleas
• Raj Verdict Deals A Blow To Mosaic Defense
• Galleon Group Founder Guilty On All Counts
• Wiretaps Prove To Be Deadly Weapon In Galleon Case
• Raj Team Pins Appeal Hopes On Wiretaps
• Alleged Raj Conspirators Back In The Spotlight
• Ex-Primary Global Worker Loses Bid To Dismiss Case
• 3 Ex-Xinhua Execs Indicted Over $50M Fraud
• Del. Judge Clears Berkshire's $548M Deal For Wesco
• AOL Investor Asks High Court To Review E&Y Fraud Suit
• FCPA Trials Reach New Heights In 2011
• Investors Face Uphill Battle Over Microsoft, Skype Deal
• BOX Sues 3 Exchange Cos. Over Pricing Patent
• Morgan Stanley Ducks Investment Advice Class Action
• Money Market Industry, Regulators Mull Systemic Risk
• UBS' $160M Muni Bond Settlement Draws Fire
• 11th Circ. Trims Scrushy Conviction Based On Skilling
• Willkie Farr Escapes Motown Songwriter's Contract Suit
• Financial Crisis Study Reveals Systemwide Breakdown
• Jury Finds Lindsey, Execs Guilty In FCPA Trial
• High-Ranking DOJ Fraud Cop Heads To Mintz Levin
• Is SCOTUS Taking The Right Securities Cases?
• McGinn Smith Founder's Wife Can't Ditch Fraud Suit
• ICG Shareholders Attack $3.4B Sale To Arch Coal
• CFTC To Hit Goldman Clearing Unit With Fraud Action
• CCI Defense Attacks FCPA 'Foreign Official' Definition
• Picard Sues Safra New York For $111M Over Madoff Funds
• US Reveals Wiretap Arsenal In Galleon Spinoff Case
• Parmalat Presses To Move Auditor Suits To State Court
• Alstom To Pay $7M To End Securities Action
• No Verdict For Rajaratnam Could Mean Split: Experts
• Case Study: Archdiocese Of Milwaukee V. Halliburton
• Madoff Trustee, Fairfield Sentry Call Truce
• Citadel Shareholders Sue Over $2.5B Cumulus Deal
• Celebrity Adviser Starr Hit With $30M Restitution
• WexTrust Receiver Settles With Much Shelist For $13M
• Judge Tosses Laundering Charge In Lindsey FCPA Case
• Allied Can't Ditch Securities Claims Coverage Suit
• Howrey Lessons: The Downside Of Contingent Fees
• Cleary Snags Ex-SEC GC, Clifford Chance Atty In DC
• Ex-Spongetech Stock Promoter Admits To Perjury
• Sen. Seeks Reports On SAC Capital Trading Activity
• Rothstein Partner Agrees To Pay Firm Trustee $1.6M
• Berkshire Report Pins Sokol As Scapegoat, Suit Says
• Ex-Tesla Execs Win Reinstatement Of Contract Claims
• MassMutual Sues Impac Over $16M In 'Junk' MBS
• Ambac, Underwriters To Settle Class Action For $33M
• 2nd Circ. Lets 1 Claim Survive In Citifunds Suit
• Oil Spill Securities Cases Barred By High Court, BP Argues
• FTI Settles Syntax-Brillian Shareholder Fraud Claims
• Synthes Investor Blasts $21B J&J Deal In Suit
• Travelers Challenges Bank's Madoff Appeal In 2nd Circ.
• Feds Seek Prison For Ex-Atty In Galleon Spinoff Case
• Feds Bristle At Ex-ABB Exec's Bid To Toss FCPA Case
• Inspire Shareholders Try To Block $430M Merck Takeover
• Trends In SEC Financial Fraud Actions: Part II
• BofA, Citi Lied About MBS Practices: Suits
• Colonial Loan Supervisor Cops To Fraud Claims
• Silicon Valley Law Denied Quick Win In Okun Case
• 5 Questions After AT&T V. Concepcion
• JPMorgan, SEC In 'Advanced' Talks Over CDO Settlement
• Sedgwick Hit With $200M Malpractice Suit
• Freddie Mac Shareholders Can't Sue Execs: 4th Circ.
• MassMutual Sues Goldman, Others Over Bad MBS
• Wells Fargo Sued Over $7B Wachovia ARS Settlement
• SEC Subpoenaed Credit Suisse For Mortgage Docs: MBIA
• Insurer Wins Coverage Row Over Ponzi Scheme Suits
• Judge Mulls Discovery In Goldman MBS Action
• Rajaratnam Jurors Listen To Chiesi Tapes Again
• Trial Date Set For Icahn, Lionsgate Takeover Row
• Baker Hostetler, 2 Attys Accused Of Inheritance Scam
• Deutsche Bank FCA Suit Just The Beginning, Attys Say
• Judge Revives Some Fraud Claims In Refco MDL
• Costa Rican Utility Says $137M Alcatel Deal Not Enough
• 2nd Circ. Upholds $4M Fine In Insider Trading Suit
• Feds Trim Case Against Alleged Fraudster Stanford
• Defining Insurer Liability Through RMBS Cases
• Whistleblower Accuses AIG, Banks Of $137B Bailout Fraud
• K&L Gates Scores 10-Lawyer Team From Clifford Chance
• Avon Widens In-House Cleanup Over FCPA Violations
• SEC Goes After ICP Founder's Homes In CDO Fraud Case
• McGuireWoods Fraudster Evades SEC Penalty
• ICE Unit Plays Ball In EU Antitrust Probe Over CDS
• No Proof Aguilar Bribed In FCPA Case, Defense Says
• DOL Can Subpoena Docs In $10M Madoff Scheme: 4th Circ.
• Ares, Oaktree Cut From Suit Over $4B Exco Buyout
• SEC Wants $32M From Founding Partners Exec
• JPMorgan Can Fight Picard In District Court: Judge
• 5 Top Brooke Execs Settle SEC Fraud Claims
• Motorola Staff Not Part Of $190M Fraud Deal: 7th Circ.
• House Committee OKs Bill To Delay New Swap Rules
• NY Post Can't See Starr Celebrity Victims' Records: Judge
• UBS To Pay $160M In Muni Bond Settlement
• SEC, CFTC Want Budget Hikes To Implement Dodd-Frank
• Case Study: In Re MacMenamin's Grill Ltd.
• EFI Trustee Hits Bryan Cave With $100M Malpractice Suit
• Lawson Investor Sues Over $2B Golden Gate-Infor Deal
• Morvillo Abramowitz Opens DC Office, Nabs FCPA Pro
• Banks Win Discovery Bid In $2.4B MBS Suit
• Prescriptions For FCPA Pain
• Investors Strike $28M Deal In SemGroup MDL
• Investor Tries To Stop LabCorp's $85M Orchid Buyout
• Report Blasting Goldman Referred To DOJ, SEC
• American Apparel's Workforce Lies Killed Stock: Suit
• US Renews Transcript Plea For Fresh Rajaratnam Jury
• Judge Slams Feds' Witness In Lindsey FCPA Case
• Investors Sue J&J Board Over $78M In Settlements
• SOX Doesn't Cover Employees' Media Leaks: 9th Circ.
• 7th Circ. Orders Near North Fraudster Sentence Review
• Dodd-Frank Throws Wrench In SEC Capital-Raising Changes
• ProCentury Drops Coverage Suit Over SEC Probe
• Ex-Isilon CFO Wants SEC Experts Barred In Fraud Case
• SEC Demands Docs In Alleged $139M Crown Forex Fraud
• Ex-Frontier CEO Fights Push For Trial In Fraud Case
• Savvis Investor Sues Over $2.5B CenturyLink Merger
• Morgan Lewis Securities Pro Joins Weil Gotshal In DC
• Gateway Seeks Quick Win In D&O Row Over SEC Defense
• The New Tag Team: Antitrust And FCPA
• Greenberg Atty Seeks Exit From Malpractice Suit
• The Big Asymmetry In New Margin Rules
• SEC Looks To Gain Home Court Advantage
• Buyers Blast $12M Fee Bid In Del Monte Buyout Suit
• Nasdaq, ICE Bid For NYSE Goes Hostile
• Counterclaims Can't Trigger CAFA Removal: 9th Circ.
• Ex-Atty Makes Plea For Leniency In Galleon Spinoff
• Banco Santander Can't Shake Madoff Fraud Claims
• Freddie Mac Ex-CFO Dodges Part Of Fraud Suit
• Trader Can't Delay Galleon Spinoff Trial Over Docs
• Juror's Health Impedes Rajaratnam Deliberations
• Holland & Knight Engaged In IEA Fraud, Suit Says
• Ex-Winston Lawyer Cops To Role In Starr Scheme
• Thornburg Mortgage Sues Citi, Chase, Others For $2.1B
• Thompson & Knight Adds FCPA Expert
• No Class Counsel Fraud In Dynex Securities Suit: Judge
• Private Sector Presses SEC, CFTC On Swap Timelines
• Milberg Negligence Suit Survives 2nd Dismissal Bid
• Addressing Multiforum Deal Litigation