Securities Archive » December, 2009

Securities - December, 2009

206 articles

• CVS Caremark Hit With Shareholder Derivative Suit
• 2nd Circ. Asks NY Court To Mull Refco Trustee Claims
• Claims Trimmed In McDonald's Whistleblower Suit
• Rigel Securities Suit Tossed On Specificity Grounds
• Judge Rules For SEC In $10M Tecumseh Scheme
• Shareholder Hits Revlon Execs With Stock Swap Suit
• SEC Tags Heisman Trophy Co-Sponsor With Fraud
• SEC Proposes Looser Rules On Investor Communication
• Implications Of In Re Washington Mutual Inc.
• Diebold Shareholders Fall Short In Fraud Appeal
• Securities Class Action Against PXRE Dies In 2nd Circ.
• Genzyme Board Sued Over Drug Delays, Insider Deals
• Former Quest CEO Resolves SEC Dispute
• ATM Ponzi Scheme Settlement Approved
• Canadian Firms Agree To Pay $130.5M Over ABCP
• 3rd Circ. Vacates Class Cert. In Schering ERISA Suit
• Court Clips Fraud Claim In Adelphia Bondholder Suit
• Former Biovail CFO Settles In SEC Fraud Suit
• Mayer Brown Slams RICO Claims In Refco Investor Suit
• PNBK, Patriot Strike $50M Securities Deal, End Suit
• Assessing FERC's New 'Notice Of Violation' Strategy
• Bank Co-Op's $100M MBS Suit Sent Back To State Court
• Hedge Fund Sues Dechert For $50M Over Dreier Deal
• SEC Probes Telecom Italia's Sale Of Argentine Unit
• BofA, Countrywide Near Deal With 1031 Client Class
• Tiberius Sues For Dissenters' Rights In Energy Merger
• Flowserve, Investors Reach $55M Settlement
• Zell Can't Duck ERISA Suit Over Tribune Takeover
• Rajaratnam, Chiesi Plead Not Guilty To Fraud Charges
• State Street Failed To Disclose Fraud: Shareholder
• Derivatives Market Regulatory Reform: Where To Now?
• ICAP Settles SEC Bogus Broking Rap For $25M
• Group Claims SEC Ignored Watchdog's Red Flags
• Comverse Settles Backdating Actions For $225M
• Shareholders, Tax Man Assail Donnelley Ch. 11 Plan
• No Insurance Coverage For ICC Fraud Actions: Judge
• Teamsters Sue To Halt $41B Exxon-XTO Energy Deal
• State Street Under Fire From Another Dutch Fund
• FINRA Expands Trading Huddle Probe
• Ex-Gas Traders, Manager Get Prison Time For Fraud
• Reddy Ice Blasts Shareholder Fraud Claims
• Goldman Insider Trading Claims Came Too Late: Judge
• AIG Asks Court To Toss Brookfield's Swap Claims
• Pfizer Execs Seek Dismissal Of Derivative Suit
• Dell Shareholders Ditch Fraud Claims For $40M
• Amgen Says ERISA Anemia Drug Claims Lack Merit
• CFTC Fines MF Global $10M For Supervision Failures
• Canadian Judge Certifies Global Imax Class Action
• Court Defers Ruling On Stanford D&O Coverage
• Benefits And Dangers Of An SEC Wells Submission
• SEC Unveils Stricter Rules On Public Disclosures
• Abu Dhabi Seeks To Void $7.5B Citigroup Deal
• SEC Alleges 'Serial' Insider Trading Scheme
• Redstone Fiddled While CBS Stock Burned: Suit
• Red Hat To End Securities Class Action For $8.8M
• Court Lays Out Protections For Lehman Client Assets
• Is BAE Systems Too Big To Fail?
• Merrill Lynch Fights To Keep NJ Suit In Federal Court
• Accuride Shareholders Skewer Ch. 11 Plan
• 2nd Circ. Tosses Goldman Sachs Derivative Suit
• Judge 'Reluctantly' OKs Ponzi Scheme Investor Deals
• American Derivatives Settles CFTC Suit For $6.8M
• SEC Drops Anthrax Civil Case Against Convicted Exec
• 5th Circ. Clears Superior Offshore's Liquidation Plan
• SEC Moves To End Ponzi Case V. Financial Planner
• Wells Fargo To Pay $5B For Prudential Brokerage Stake
• Differing Approaches To Pre-Sounding Across The Pond
• Rajaratnam, Chiesi Indicted In Galleon Fraud Case
• Massive IPO Securities Litigation Comes To An End
• IndyMac Ex-CEO Loses Bid To Toss Securities Action
• Judge Ends 'Distorted' Broadcom Backdating Case
• MBIA Slams Credit Suisse In $296M MBS Coverage Case
• Creditors Go After Dewey & LeBoeuf's Midway Fees
• Agria Investors Fight To Resurrect IPO Action
• Credit Crisis Class Action Flood Has Peaked: Report
• Judge Stays SEC Suit Against Alleged Madoff Feeder
• Shareholder Suit Over De Beers Settlement Tossed
• Terra Firma Goes After Citigroup Over EMI Purchase
• Enron Appeals Securities Settlement Decision
• Suit Over Orlando Airport Land Deal Sent To Fed. Court
• Pension Fund Slaps Goldman Sachs Over Bonuses
• Judge Chucks NeuroMetrix Shareholder Action
• Investor Suit Against Defunct Bank Stayed For FDIC
• Citi To Repay $20B In TARP Funds, Escape Leash
• KeyCorp ERISA Case Stays Tied To Securities Cases
• Citizens Insurance Gets Securities Class Decertified
• Ind. Teachers Withdraw Appeal Of MetLife Dismissal
• Shareholder Suit Attacks $1.1B Iowa Telecom Deal
• Big Securities Case Deserves The Boot: Sallie Mae
• Spotlight On Hedge Fund Trading Activities
• RAIT Ends Actions Over Subprime Losses For $32M
• Ex-Chevron Exec Loses Chunk Of Stock Option Case
• House Passes Sweeping Financial Reform Package
• The Latest Proposals For Securitization Reform
• La., Superdome Want Out Of Merrill Lynch ARS MDL
• 2nd Circ. Upholds Dismissal Of Hearst Short-Sale Suit
• Ponzi Fraudster Faces 45 Years After Guilty Plea
• Carbon Markets Raise Fears Of Speculation
• SOX Gets Socked, But Stays On Feet
• Brokers Get Jail Time In Smart Online Fraud Case
• Smurfit Shareholders Lose Bid For Equity Committee
• More Pay Cuts Issued For Top Bailout Execs
• SunTrust Tries To Defuse Subprime ERISA Action
• Exelon Wins Dismissal Of 401(k) Fee Action
• Ex-Ropes & Gray Lawyer Pleads Guilty To Scheme
• SEC Suit Over CDS Insider Trading Edges Toward Trial
• 2 Defendants To Be Dropped From AIG Derivative Suit
• DLA Piper Snaps Up New Chair For Financial Group
• FINRA Rules For Citi In ARS Dispute With Move Inc.
• Broadcom Co-Founder Cleared In Backdating Probe
• SEC Funding Jumps $150M For Enforcement Push
• IBM Ex-Exec Denies Role In Insider Trading Scandal
• Riverstone Exec Pays $20M To End NY Kickback Probe
• Stanford Mistress Blasts Receiver's Clawback Suit
• SEC Agrees To 2-Year Stay For Contested Annuity Rule
• IPO Investors Settle With Limelight Networks
• Lehman Balks At Discovery Bid By Investors
• Ex-IGT Whistleblower Counsel Lose State Claims
• Class Granted Cert. In Countrywide Securities Suit
• The SEC's Proposal For Regulating 'Dark Pools'
• Law Firm Loses Bid To Toss Mid-America Receiver
• Parish Investors Win Class Cert. In Suit Against Schwab
• SEC Kicks Off Wide Insider Trading Investigation
• 2nd Circ. Lets Milberg Keep Cut Of $750M Xerox Deal
• Hexion, Huntsman Investors Reach $18M Settlement
• Ford Follows GM's Lead, Obtains ERISA Exemption
• Knight Gets 14 Years For $33M Ponzi Scheme
• Juniper Loses Bid To Halt Backdating Deposition
• Sens. Grill SEC, DOJ, FBI On Corporate Convictions
• Ex-Pamrapo Chief Fires Off Suit Over BCB Deal
• Treasury Releases Data In Open Government Effort
• Hedge Fund Appeal Of Citibank CDS Suit Fails
• SEC Puts Stop To Personal Injury Suit Ponzi Scheme
• Herzfeld Adds Int'l Securities Atty from Shearman
• New Regulations On Employee Stock Purchase Plans
• Home Depot Wants ERISA Class Action Tossed
• House Eyes Tough Law Near Anniversary Of Madoff Bust
• BofA Denied Access To SEC Docs On Merrill Bonuses
• SEC Hits Brookstreet, CEO With Fraud Suit Over CMOs
• Law360 Ranks Largest Securities Practices
• Sealed Air Settles With Investors For $20M
• High Court Puts Honest Services Law In Hot Seat
• CORRECTED: Diversity Of Clients Puts Skadden On Top
• Switch And Data Hit With Shareholder Suit Over Sale
• Ala. High Court Won't Drop Judge In Sewer Suit Spat
• Day Pitney Snags Duane Morris Trial Vet
• Fortis-BNP Paribas Merger Upheld By Belgian Court
• Judge Deals Discovery Blow To Freddie Mac Plaintiffs
• JML Seeks To Dismiss Madoff-Related Investor Suit
• Loeb Adds Katten Securities Litigator In Chicago
• Devil's In The Details For OTC Reform Effort: Attys
• Receiver Seeks $545M From Stanford Investors
• Insurer Looks To Ax Some Of Commerce's D&O Suit
• Tyco's Walsh Settles With Pension Fund In Stock Suit
• Former SEC Deputy Returns To Gibson Dunn
• CompuCredit Wins Dismissal Of Securities Action
• High Court Justices Weigh SOX Oversight Board Fight
• Rothstein Banked At Least $46M Since 2008: Trustee
• Ex-Black Box Execs To Pay $240K To End SEC Claims
• Westgate President To Make Ponzi Fraud Plea
• 9th Circ. Affirms Toss of Foxhollow Shareholder Action
• SEC Hits 3 Former New Century Execs With Fraud Suit
• Hogan & Hartson Lures 3rd Skadden Litigator
• EBay, Craigslist Square Off In Trial Over Stock Purchase
• SEC Enforcement Focus Shifting To Individuals: Report
• SEC's New Guidance On Shareholder Proposals
• Former Broadcom GC Dodges Charges In Options Case
• $14M Deal Wins Final OK In Long-Running Dura Case
• SEC Targets Texas Energy Co. Over $57M Investments
• The Latest In FCPA Enforcement
• Suit Over Cano Petroleum Share Offering Tossed
• Financial Discipline Keeps Wilson Sonsini On Top
• Securities Lawyers Dominate At Wilson Sonsini
• Court Stays 2 Whistleblower Claims Against SEC
• Monster ERISA Class Action Settled For $4.25M
• MassMutual Latest To Sue Rothstein Over Ponzi Scheme
• SEC Suit Claims Energy Startup Misled Investors
• Claim Against BofA Stands In $550M Hedge Fund Case
• Exec Pleads Guilty In Pension Fund Kickback Case
• Financial Transaction Tax Bill Draws Quick Reaction
• Enron Shareholders Drop Suit Against Banks
• SEC Accuses Canopy, Founder Of $75M PPO Fraud
• Burned Madoff Investors Appeal Dismissal Of SIPC Suit
• Agria, Underwriters Dismissed From IPO Class Action
• Jury Convicts Petters In $3.6B Ponzi Trial
• 2nd Circ. Affirms UTC Win In $230M ERISA Action
• Colonial BancGroup Dropped From Securities Litigation
• Boston Scientific Settles ERISA Suit For $8M
• LEA Disputes Ex-CEO's Trade Violation Claims
• Judge Won't Compel Boston Scientific Privileged Docs
• FERC Fights To Keep Power Over Energy Derivatives
• Counsel From Merrill Class Settlement Awarded $23M
• Yukos Investors Cleared To Seek $100B From Russia
• Sunwest Lenders Challenge Order Halting Their Claims
• Investor Sues Hemispherx As FDA Denies Fatigue Drug
• Ex-CFTC Chair Calls For Tougher OTC Derivative Regs
• Zimmer Securities Fraud Class Action Gets The Boot
• Regulatory Cooperation In International E-Discovery
• Lehman Wants Stay Modified For ARS Suit Payout
• WaMu Directors Lose Bid To Toss Monitoring Claim
• CBOE Settles Ownership Rights Appeals For $2M
• Rothstein Pleads Not Guilty To $1.2B Ponzi Scheme
• Last Suit Over AOL Time Warner Merger Dismissed
• Sills Cummis White Collar Pro Joins Mayer Brown
• Wholesale Petroleum Buyers, Sellers — Beware
• Croatian Seamstress Faces $6M Insider Trading Fine