Banking Archive » February, 2008

Banking - February, 2008

166 articles

• Risks, Safe Harbors For Private Offerings
• E-Trade To Pay $4M To Settle Thorny MarketXT Suit
• Clear Channel Deal Prompts Suit Against Wachovia
• BoFA Unit Gets Wells Notice In Bond Bidding Probe
• McDermott Will & Emery Revs Up New Houston Office
• N.Y. AG's Probe Of College Marketing Has New Targets
• Countrywide Abuses Bankruptcy System: Trustees
• Judge Shakes Head At Scruggs' Requests
• New Century Fills Gaps In New Disclosure Statement
• Firms, FINRA Settle Over Improper Fund Sales
• Wachovia Also Part Of Municipal Bond Probe
• Prudential Employees Seek $6.5B In Arbitration Suit
• Faro Tech. Strikes $7M Class Action Settlement Deal
• Swiss Re Didn't Disclose Risky Credit Swaps: Suit
• $20M Securities Scam Results In 18-Year Jail Term
• Democrats, White House Spar Over Mortgage Bill
• EU Guidelines Aim To Stabilize Financial Markets
• German Government's Aid To Banks Draws Scrutiny
• UBS Shareholders Vote Against Subprime Audit
• Ropes & Gray Boasts New Office In Chicago
• Labor Dept. To Hold Hearing On 401(k) Disclosures
• Former UBS Exec Pleads Guilty On Eve Of Trial
• New Trial Order Upheld In BNY Ponzi Scheme Case
• Hedge Fund Sues Rival For 'Corporate Espionage'
• Solutia Nears Ch. 11 Exit With Financing Deal
• UBS Hit With $275M Suit Over Subprime Deals
• Lantronix Investors' Suit Against CSFB Halted
• Panel Tells H&R Block To Fork Over $4M To Exec
• Hedge Fund Manager Gets 5 Years For Fraud
• 7th Circuit Reverses Course In Market Timing Case
• Pacific Lumber Demands BNY Return $1M
• SEC Reaches Deal Over Delphi Audits
• GAO Says Hedge Funds Still Warrant Scrutiny
• Shareholder Sues Fifth Third Over Merger
• BofA Seeks To Sell American Home's Mortgages
• Patent Suit Takes Aim At AmEx's ExpressPay
• Nasdaq Challenges AMEX With SPAC Proposal
• A.G. Edwards Hit With Sex Discrimination Suit
• Jury Finds General Re, AIG Execs Guilty Of Fraud
• Judge Limits Port Authority Sept. 11 Insurance Claims
• M&A Reverse Breakup Litigation
• BofA Inside-Trader Gets 7 Months
• Judge Denies Class Status To Wells Fargo Workers
• Ex-Marsh Execs Convicted Of Bid-Rigging
• Day Of Reckoning Comes For U.K.'s NatWest Three
• A Key Decision For Joint-Bidding, Private Equity Funds
• Money Manager Fined For Misappropriating Funds
• AIG Tries To Block Greenberg's Access To Papers
• Hungary Latest To Probe MasterCard Fees
• As SEC Seeks $7M Penalty, Broker Seeks New Trial
• SSI Recipients Sue Bank In Frozen-Assets Case
• Oppenheimer To Pay $4M In Market Timing Case
• Court Approves First Magnus' Liquidation Plan
• CFTC Broadens Lawsuit Against Lake Shore
• SEC Ponders Changing 30-Year-Old Oil And Gas Rules
• Subprime Litigation Likely To Surpass S&L Suits: Study
• CEO Liability In Subprime Litigation Tough Call
• Lax Oversight Enabled Fraud At SocGen: Report
• DLA Piper Chicago Office's Growth Spurt Continues
• Supreme Court Won't Hear Katrina Insurance Case
• Third Refco Executive Pleads Guilty To Fraud
• Court OKs Quinn Emanuel As Solutia Special Counsel
• CBOE Rule Change Increases Fines For Minor Slips
• Panel Validates Firing Of Securities Firm Counsel
• Ex-Lancer Group Hedge Fund Manager Indicted
• High Court Clears Way For Individual Pension Suits
• More Charges Filed In Ernst & Young Tax Fraud Case
• Mortgage Lenders Asks Judge To Add Time To Its Clock
• Court Orders Credit Suisse To Turn Over Documents
• Judge Rules Cigna's Retirement Plan Fair
• UBS Could Get New Trial In Gender Bias Suit
• SLUSA As A Defense In Excessive Fees Litigation
• Ernst & Young Settles Cendant Case For $298M
• Trader Errors Spur $2.85B Credit Suisse Write-Down
• Ex-Refco CEO Faces Civil Suit From SEC
• Jailed MBC Trio Accused Anew Of Securities Fraud
• Funds Accuse Countrywide Of Shielding Executives
• American Funds Settles "Shelf Space" Suit: Report
• Focus Turns To Phone Call In Bear Stearns Probe
• $60M Barclays Fraud Case Moves To Federal Court
• Facing March Trial, Ex-Refco CEO Pleads Guilty
• U.S. Private Equity Firms Hit With Bid-Rigging Suit
• SEC Settles Late Trading Case With Ex-Trautman CFO
• U.S. Lawmakers Eye Russian Energy Project
• PwC Settles SmarTalk Case For $30.5M
• Patent Reform Could Protect DataTreasury Defendants
• SEC Pushes For Plainer Disclosure Talk
• Heller Ehrman Report Confirms Tersigni Overbilling
• Goldman Sachs, UC Strike $11M Deal In Enron Suit
• Wells Notice Sent To UBS Over Muni Bonds
• SEC Rule Amendments Will Add New Liquidity
• SEC Strikes Deal With R&G Financial: Report
• Solutia Targets Citigroup CEO For Deposition
• Coughlin Stoia To Lead Subprime Suit Against S&P
• National Century Funded Bankrupt Companies: Execs
• Class Denied, Expert Tossed In Variable Annuities Suit
• Lawyer Says Buffett Knew About Deal With AIG
• MasterCard Fails In Bid To Toss Antitrust Claims
• Royal Indemnity Seeks Bond Funds From Lender
• Court Selects New Lead Plaintiffs In Bear Stearns Case
• Scruggs Seeks Judge's Recusal In Contempt Case
• Too Soon For Lehman's Extra Fees: Asarco Creditors
• Tight Credit Market Threatens Delphi's Exit Financing
• N.Y. Consumers' Suit Targets Title Insurance Fees
• JP Morgan Faces Class Action By N.Y. Loan Officers
• D.C. Circuit Revives Age Bias Suit Against PwC
• RAND Study's Impact On Broker-Dealers, Advisers
• CBOE, CBOT Eye Deal On Voting Rights: Report
• France-Based Employee Can Sue Under SOX: Court
• Hedge Fund Sues Transmeta, An Acquisition Target
• Credit Suisse Confirms Subprime Subpoenas
• H&R Block Asserts 2 Patents Against Jackson Hewitt
• McDermott Launches International Subprime Group
• Saudi Prince Can't Send Profits Home Yet: Judge
• Injunction Affirmed In Alliant Trade Secrets Case
• Litigation Targeted Mortgage Cos. In 2007: Report
• SEC Bars Ex-PwC Accountant For One Year
• National Century Execs Lied To Investors: Testimony
• Wells Fargo Says Cleveland Overstepping Bounds
• TJX Fights Transfer Of Class Action To State Court
• Financial Security Assurance Gets Wells Notice
• Feds Probe Merrill's Mortgage-Backed Securities
• HCC Paying $10M To Close Door On Backdating Suit
• Sears, New Cingular Ask Judge To Lift Stay In MDL
• Morgan Stanley's $16M Deal In Bias Suit Gets Nod
• Auditor Not Liable In Keystone's Downfall: Court
• KB Home, Countrywide Faked Home Appraisals: Suit
• DOJ Chided For Comments On Futures Exchanges
• ADS Drops Buyout Lawsuit Against Blackstone
• New York State Can't Enforce $1M Judgment: Court
• Loan Officers Sue American Equity Mortgage Over OT
• Subprime Suits May Cost Insurers $3.6B: Report
• Greenberg Traurig Opens Shanghai Office
• Sovereign Wealth Funds Raise Questions At SEC
• Judge Throws Out Antitrust Suit Against Equifax
• SEC Settles With Lawyer Accused In Pump-And-Dump
• Mississippi AG Forced To Retreat In State Farm Spat
• Court Says Using Memorized Trade Secrets Illegal
• Ex-KPMG Director Settles In Peregrine Case
• SEC Denies Lehman Bid Over Global Warming Review
• Liquidity Crunch May Hobble Debtors' Ch. 11 Exit
• Wireless Co., Hedge Fund Battle Over Shares
• Korean Businessman To Pay $50M For Stock Scandal
• Solutia Sues Banks Over $2B Exit Loan
• Judge Tosses State Street ERISA Case
• DOJ Questions Exchange-Owned Futures Clearing
• Mich. Couple Ordered To Pay $3.14M In Fraud Case
• AmeriFirst Exec In Contempt For Selling Picture
• The FCPA: The Next Corporate Scandal?
• $350M Suit Delayed As Sentinel Execs, Trustee Talk
• New Century Files Sparse Reorganization Plan
• AmEx Prevails In "My Life. My Card." Trademark Suit
• Ritchie Capital To Pay $40M For Late Trading Scheme
• Sallie Mae May Face Class Action By Investors
• SEC Opens Insider Trading Probe In SocGen Scandal
• Bankers, Green Groups Draft "Carbon Principles"
• Former FINRA Counsel Returns To Pepper Hamilton
• Bayou Creditors To Examine Goldman Brokerage
• Ex-Credit Suisse Banker Convicted Of Conspiracy
• Class Certified In Antitrust Suit Against Title Insurer
• DOJ Passes On Katrina Whistleblower Suit
• Judge Allows Supplemental Briefs In Enron Suit
• Locke Lord Throws Hat Into Subprime Legal Ring
• Offshore Hedge Fund, Receiver Settle For $19M
• Merrill Coughs Up $13.9M Over CDO Investments
• Korean Court Finds Lone Star Funds, Exec Guilty