Banking Archive » April, 2008

Banking - April, 2008

174 articles

• New Investment Rules Endorse Broad Restrictions
• Ex-JP Morgan Muni Head Is Federal Target
• SEC Hits Mayor of Birmingham For County Bond Fraud
• Ex-HealthSouth CFO Lawyers Ordered To Show Docs
• HomeBanc Workers Object To Transfer Of Funds
• Auction Rate Securities Failures: Litigation Potential
• DOJ Probes MasterCard Regarding Antitrust Judgment
• New Century Loan Officer Gets 3-Year Sentence
• Dana Trustee Opposes Appaloosa Fee Request
• Ex-Andersen Accountant Settles Audit Case With SEC
• BofA Gets More Time To Finagle $584M Loan Sale
• Supreme Court Refuses Lehman Tax Case
• Sovereign Bank Pensioners Sue Employer
• Community Bancorp Head Settles Insider Trading Suit
• FERC OKs Its Part Of JP Morgan-Bear Deal
• CORRECTED: Judge Certifies Securities Class Action Against DVI
• Blinded By Sundstrand: The 'Good Faith' Defense
• Banks Can't Drag Clear Channel To N.Y. Court: Judge
• Equifax Subsidiary Settles FTC's Antitrust Charges
• FINRA Panel Throws Out H&R Block Complaint
• Amici Allowed To Join In Bilski Oral Arguments
• Court Slaps Injunction On 12 Lake Shore Entities
• Hedge Fund Accountants Sue JP Morgan For Overtime
• Comments Question Parts Of SEC Proposal
• Appellate Court Rejects Langone's Dismissal Bid
• Shareholders Take Shot At IStar
• Wachovia Agrees to Pay $144M To Settle OCC Claims
• Banks Object To Fabrikant Liquidation Plan
• Second Circuit Reignites Credit Card Arbitration Suit
• Firm Can Rep Plaintiffs, 3rd-Party Defendants: Court
• Regulators Questioned On Sovereign Investments
• Broadcom Faults Ernst & Young Over Audits
• Judge OKs Workers' Comp Deal For Sharper Image
• Genetic Anti-Bias Bill Rouses Litigation Fears
• Former Investment Head Sentenced To Prison
• Discovery To Proceed In Overstock, Gradient Case
• SEC Settles With Trader Over ADS Merger Rumors
• SEC Denies Request For Info On Bear Stearns Probe
• Subprime Lawsuits Soar To Record High: Study
• Insurer Had No Duty To Defend Corus: Judge
• SEC Charges USA Capital's Ex-President With Fraud
• City Accuses Banks Of Price-Fixing On Investments
• White House Urges Haste On Student Loan Bill
• Suit Claims Companies' Web Sites Infringe Patent
• Del. Courts Best For Tort, Contract Litigation: Study
• High Court Finds ERISA Conflict Standards Unclear
• Judge Denies Wachovia's Bid To Enjoin Ex-Employees
• In Re Bilski Roll Call And Score Card
• Judge Chucks Fraud Claims Against State Farm
• THL, Bain Nix Arbitration In Clear Channel Suits
• Credit Suisse Faces Suit Over Mortgage-Related Debt
• Suit Targets Calamos Over Auction Rate Securities
• SEC Chair Vows To Update Credit Agency Rules
• Alliance Data Sues Blackstone Again
• Former Boss Sues Societe Generale Rogue Trader
• Bank Of England Plan Addresses Credit Crunch
• Investment Bank To Pay $16M In Rogue Trader Case
• Parmalat Gets OK To Sue Citigroup For Fraud
• New Century Employees Slam Chapter 11 Plan
• PNC Settles In DataTreasury Check-Imaging Suit
• Ceres Capital Partners Files Prepackaged Plan
• Fifth Third Bank Hit With FLSA Suit
• Burns & Levison Forms Subprime Advisory Team
• Insurance Cos. Sue For Piece Of Vioxx Settlement
• Fannie Mae Former Execs Acquiesce To $31.4M Deal
• N.Y. AG Launches Auction Rate Securities Probe
• Former Refco President Found Guilty
• Case Against Viatical Insurers Survives Challenge
• Scruggs' Misdeeds Continue To Have Ripple Effects
• EC Calls For Comment On Insurance Exemption
• Jeweler Blames Bankruptcy On Merrill Subprime Woes
• Cox Seeks Congressional OK For $1B SEC Budget
• Countrywide Hit With Overtime Suit
• Banks' Appeal In Clear Channel Buyout Suit Denied
• Tyco Shareholders, Merrill Lynch Settle On $4.9M
• SEC Sues Ex-Fidelity Trader, Accomplice For Fraud
• Investors Sue Over Blackstone IPO
• Treasury Dept. Pushes Hedge Fund Self-Policing Plan
• Federal Circuit Upholds Ruling In DataTreasury Suit
• Federal Courts See Huge Rise In Class Actions
• Lawyer's Nomination As UBS Chairman Draws Flak
• Finders Schemed To Defraud JP Morgan: SEC Suit
• Ex-Investment Co. CEO Gets 20 Years For Fraud
• SEC Settles With Two Arthur Andersen Employees
• Court Sides With Insurers In Hurricane Katrina Action
• Citigroup To Face Trial Over Parmalat Collapse
• FLSA Class Action Against Wells Fargo Revived
• Greenberg Traurig Snags 3 Morgan Lewis Attorneys
• Greenberg Traurig's First Magnus Fees Draw Protest
• Regions Employees Allege ERISA Violations
• Bear May Face SEC Action In Derivatives Probe
• Insurers Off The Hook In BASF Synthroid Spat
• Insurers Cry Foul Over Congoleum's Chapter 11 Plan
• Bayou Fund Boss Gets 20 Years In Prison
• Billionaire Investor Sues Bear Stearns For Fraud
• Head Of General Re Steps Down
• Wachovia, JP Morgan Face 3 Antitrust Class Actions
• Class Certified In FLSA Suit V. Phone Insurer
• MoneyGram Hit With 3rd Securities Suit In 2 Weeks
• Comcast Sues Insurers Over Hurricane Damages
• Prosecutors' Push For Personnel Changes Draws Fire
• When Brokers Go Broke
• Panel Consolidates Merrill Subprime Cases
• Lawmaker Wants DOJ, SEC Probe Of Bear Stearns
• Canadian Exchanges Settle $101M IP Suit
• Clear Channel Buyout Suit Headed To Trial
• DOL Sues Firm For $25M For ERISA Violations
• Ameriprise To Pay $3.8M To Settle Forgery Case
• AHM Underwriters Sued Over Offerings
• Foreclosure Prevention Bill Gets Senate Nod
• Broker Admits Keeping Mum In Insider Trading Case
• SEC Sues Headstart Over Improper Trading
• Court Defines Exemptions To Short-Swing Profits Ban
• Judge Stays Bid To Block Bear Stearns Takeover
• Delphi May Sue Over Collapsed $2.5B Deal
• AHM's Servicing Platform Buyer Pushes For Closure
• House Committee OKs Bill To Shield Student Loans
• Metropolitan Mortgage Sheds Insurance Unit For $52M
• NYSE Fines Merrill For Lax Supervision Of Trader
• State Farm Aims At Whistleblowing Scruggs Clients
• Lawmaker Puts Mortgage Servicers On Notice
• Regulators Probe Auction-Rate Securities Sales
• Court Revives Tort Firm's Case Against AIG
• Court Lets Arthur Andersen's Insurer Off The Hook
• Corporate Crime Deals Do Have Benefits: Attorneys
• Liquidity Crisis, Part 2: Auction Rate Securities
• Securities Class Actions Increase In 2007: Study
• FINRA, NYSE Look Into Lehman Short-Sale Reporting
• Crash Of Bear Hedge Funds Spurs Liquidators' Suit
• JP Morgan Sues Over Child Support Payment Patents
• Fidelity Mortgage Hit With Another FLSA Suit
• Waxman Wants Info On Fed's BlackRock Deal
• 5th Circuit Overturns $1M Hurricane Katrina Decision
• Investors Sue Citigroup Over Struggling Hedge Fund
• Student Loan Guarantor Files For Chapter 11
• Class Stands Strong In AIG Unit Overtime Suit
• HSBC Hit With FLSA Suit By Sales Workers, Tellers
• Ex-NYMEX Director Pleads Guilty To Illegal Trading
• Judge Blocks Bear Stearns Injunction For Employee
• Plaintiffs' Attorneys Booted From Katrina Suits
• Financial Adviser Wins To Take Bear Stearns To Court
• Lawmaker Would Widen Probe Of Short Selling
• Dewey & LeBoeuf To Shutter Three Offices
• Subprime Mortgage Insurer Faces Shareholder Ire
• Brown McCarroll Creates Subprime Practice Group
• Citigroup To Pay $33M To Settle Sex Bias Suit
• Amicus Briefs Fuel Debate In Business Method Case
• Bush Makes Two Nominations To CFTC
• Investor Group Scraps $2.55B Delphi Deal
• Judge Allows U.S. Trustee To Investigate Countrywide
• SEC Hits U.K. Hedge Fund With Market Timing Suit
• Suit Against Louisiana Insurers Stays In Federal Court
• Witnesses Defend Oil Speculation At Senate Hearing
• Rumors Caused Bear Stearns Collapse, CEO Says
• SunTrust Slapped With Auction Rate Securities Suit
• Matthew Sonsini Moves To Sobrato Organization
• Visa Europe Wants To Strike Deal With EU
• TJX Reaches $24M Deal With MasterCard Issuers
• Senate Leaders Forge Deal On Housing Bill
• SEC Plans To Address Equity-Indexed Annuities
• EU Probes U.K.'s £24B In Aid To Northern Rock
• SEC Amendments Increase Safeguards - And Liability
• Judge OKs Suit V. Law Firm Over Hedge Fund Fraud
• Credit Crunch Hits Private Equity-Owned Cos.: Study
• Mortgage Lenders Sues Merrill Over Transfers
• Owens Corning, Fidelity ERISA Suit Survives
• HCC Settles Derivative Suit Over Options Backdating
• Novastar Reports $733M Loss, Warns Of Bankruptcy
• Bernanke Warns Of Slow Year For Economic Growth
• Judge Dumps Class Action Bid V. Goldman Sachs
• AMAC Continuing To Sell Assets At A Loss
• Senate Breaks Stalemate On Foreclosure Bill
• Regions Financial Sued For Losses To Employee Plan
• UBS Names General Counsel To Replace Chair