Securities Archive » June, 2010

Securities - June, 2010

273 articles

• House Passes Major Financial Overhaul Bill
• SEC Wants Big Fines For Ex-Morgan Peabody Head
• Contorinis Wins Access To Federal Investigation Docs
• SEC Nixes Public Pension Fund Pay-To-Play
• United American 'Greenmailing' Case Tossed
• SEC Settlements Will Face More Scrutiny After BofA
• 5 Ways Audit Committees Can Rebuild Public Trust
• Fraud Convictions Upheld For Life Settlement Co. Execs
• Pension Calls Ralcorp's AIPC Share Buy A 'Sham'
• Alcon Shareholders Seek 2nd Shot In Merger Suit
• Alleged $16M Ponzi Schemer Stinson's Assets Frozen
• Cassano Blames Bailout For AIG Derivative Losses
• $20M Settlement OK'd For Take-Two In 'GTA' Porn Suit
• Bristol-Myers Execs Escape Fraud Charges With Catch
• NY High Court Nixes Hedge Fund Fraud Suit V. PwC
• Bear Stearns Liquidators' Suit Against Deloitte Pared
• Veraz Settles SEC Suit Over China, Vietnam Payments
• UBS Hits Highland Capital With $686M Fraud Suit
• 2nd Circ. Kills Retirees' Morgan Stanley Class Action
• Ex-SEC Atty Gets $755K To End Retaliation Suit
• Scrushy, Ex-Gov Convictions Vacated After Skilling
• SEC, Coadum Advisers Fraud Suit Settlement OK'd
• High Court Won't Hear Newsletter Stock Tip Fraud Case
• Cos. Scramble To Prepare For Say-On-Pay Rules
• 2 ERISA Actions Against Nokia Merged
• Judge Seeks More Info On $7M IndyMac ERISA Deal
• BP Hit With ERISA Suit Over Gulf Oil Spill
• Finance Bill Talks Resume As Senate Support Wanes
• Case Study: Morrison V. National Australia Bank
• Goldman To Buy Back $25M In Mont. ARS Investments
• AIPC Shareholder Sues Over $1.2B Ralcorp Merger
• The SEC Stance On Transaction-Based Compensation
• High Court To Review Janus Capital Fraud Suit
• High Court Ruling Won't Upend SOX Oversight Board
• Ex-Boston Provident Exec Sentenced To 67 Months
• State Street Faces Consolidated Shareholder Action
• Top Democrats Eye PCAOB Ruling's Effect On Agencies
• US Agencies Probe Weatherford's Foreign Dealings
• Technip To Pay $338M To End DOJ, SEC Bribery Cases
• SEC Loses First-Ever CDS Insider Trading Action
• SEC Wants Asset Info From Taro Pharma Exec, Sons
• Bill Seeks Info On Oil Co. Payments To Corrupt Nations
• High Court Rules Oversight Of SOX Board Insufficient
• SEC Sues 2nd ICP Exec In CDO Scandal
• Goldman Units Must Pay Bayou Creditors $21M: FINRA
• End To $500M Chadbourne Malpractice Suit Affirmed
• Pomerantz Gets $56M In Fees In Comverse Action
• Bally Loses Bid For Excess Coverage Of Legal Fees
• Amgen Shareholders Appeal ERISA Loss To 9th Circ.
• FINRA Fines CDS Brokers $4.3M In Rate-Fixing Action
• Anadarko Faces Investor Class Action Over Gulf Spill
• Bear Stearns To Face IPO Price-Fixing Class Suit
• Sens. Press DOJ For Deputy AG Nominee's AIG Files
• Finance Reform Deal Emerges From Marathon Talks
• Attacking Venue In Shareholder Derivative Suits
• 'Foreign-Cubed' Ruling May Be Escape Hatch For Some
• Volcker Rule, Derivatives Delay Final Finance Bill
• Skilling Ruling Puts Prosecutors On Short Leash: Attys
• High Court Finds For Conrad Black, Citing Skilling
• Nacchio Sentence Reduced By 2 Months, $7.4M
• Assets Of Accused $15.7M Ponzi Schemers Frozen
• ETP Off Hook For Natural Gas Price-Fixing Claims
• Morgan Stanley To Pay $102M In Mass. Subprime Suit
• Brocade Ex-CEO Gets 18 Months In Prison, $15M Fine
• ASG Sues Zurich For Coverage Of Fraud Suits
• Stanford Will Be Tried Separately From Co-Defendants
• Insurers' Compliance With Iranian Investments
• Ironshore Wants Rothstein Investor's Policy Nixed
• 9th Circ. Reinstates Securities Verdict Against Apollo
• NY Pension Fund Seeks Lead In BP Securities Actions
• Plaintiffs Look To Reinstate Milberg Kickback Case
• House Offers Deal On Fund For Winding Down Cos.
• SEC Goes After Assets Of Oilman In $17M Fraud Case
• SEC Secures Settlements In $28M Ponzi Case
• ING Quickly Settles Suit Over Thieving Broker
• Rajaratnam, Chiesi Argue For Separate Trials
• Spectranetics To Pay $8.9M To End Securities Suits
• Unmasking Confidential Witnesses?
• Countrywide, BofA Best Hedge Fund's Fraud Suit
• Integral Files Stock Fraud Suit Over Online Insult
• Feds Sue 2 Madoff Employees To Seize $5M In Assets
• Congress Pushes To Wrap Finance Bill By Thursday
• Credit Agricole Slapped With $50M CDO Fraud Suit
• Schering Fails To Thwart Securities Suit Over Vytorin
• Ousted Gryphon Atty Belongs Back On Case, Firm Says
• 2nd Circ. OKs $5M Deal In Telik Cancer Drug Suit
• UK Bribery Act: Corporate Exposure Beyond The FCPA
• Fund Manager Gets 5 Years In $20M Investment Plot
• Pursuit Led $40M Asset Value Scam, Alpha Beta Says
• Forex Liquidity Founder Can't Block Funds Payout
• SEC Sues ICP Asset Management For Alleged CDO Fraud
• Goldman Gets More Time To Answer SEC Fraud Suit
• BofA, Goldman, UBS, Others Exit IndyMac MBS Suit
• KLA-Tencor CEO, SEC Settle Over Options Backdating
• UTStarcom Reaches $30M Deal In Shareholder Suit
• Judge Throws Trading Suspect's Bail Plan In Limbo
• Energy Cos. Fear Worst From Financial Reform Bill
• Micind Capital's Assets Frozen In Ponzi Suit
• Investors Sue Acorn Capital For Funding Ponzi Scheme
• Revamping Whistleblower Policy Through RAFSA
• Casey's Asks Court To Block $1.9B Couche-Tard Bid
• UBS Insider Trading Suspect Still In Custody
• 2nd Circ. Sinks Merger Fraud Suit Against JPMorgan
• Pillsbury Lands 14 Nixon Finance, Corporate Attys
• IBM VPs Ran 5-Year, $12M Ponzi Scheme: Suit
• 2nd Circ.'s First Analysis Of The PSLRA Safe Harbor
• Oneida ERISA Class Action Settled For $1.85M
• 2nd Circ. Affirms $2M Ruling Against Colonial Fund
• Alcon Shareholders Can't Keep Merger Suit In US
• WaMu Hearing On Examiner Delayed
• House Weighs Taking Some Oversight Duties From Fed
• Shareholders Fail To Nail Rambus, PwC On Backdating
• Atty Gets 1.5 Years For Losing Settlement In Stocks
• Ex-SEC Official Hops Aboard Trading Firm Lobby
• DOJ Defends Deputy AG Nominee's Role With AIG
• False Statement Claims V. Biovail Execs To See Trial
• Shareholder Says $242M Price For Double-Take Too Low
• City National Bank Sues Kenneth Starr For $2.6M
• JPMorgan Hit With $348M Debt Insurance Fraud Suit
• The SEC's Proposed 'Self-Spending' Authority
• SEC Launches Probe Of Trading Director's Departure
• Ex-Qualcomm Exec Settles SEC Insider Trading Claims
• SEC Proposes Stricter Target Date Fund Disclosures
• Ex-Taylor Bean Owner Charged With $1.9B Fraud
• Congress Debates SEC, Anti-Stoneridge, Fed Measures
• Investment Firm Said To Settle $10M SEC Ponzi Suit
• SEC Wraps Fraud Suit Against Ex-Credit Suisse Broker
• Horizon Investors Appeal Action Over Price-Fixing Plot
• BP To Set Up $20B Escrow Fund For Spill Claims
• Are Whistleblower Bounties A Good Policy?
• Lucent Ex-VP Fined Over Role In $1.1B Fraud
• 2nd Circ. Says Courts Can Stop Involuntary Bankruptcy
• Finance Bill Conference Tackles Ratings, Investors
• The Resurgence Of Collective Investment Trusts
• McGuireWoods Adds Ex-Prosecutor, White House Atty
• Firm Takes Aim At Basis Yield Fund Advisers
• Utah Firms Tussle Over $1.5M Bad Investment
• Wachovia, Customers Reach Accord In ARS Action
• Third Point Clears SEC Hedge Fund Probe
• Comptroller Aide Can't Duck Pension Fund Fraud: NY AG
• Fate Of Class Action Waivers Rests With High Court
• Madoff's Largest Feeder Seeks Ch. 15 Protection
• CFTC Approves Movie Futures In Cliffhanger Vote
• SEC, Canadians Pen Agreement To Watch Markets
• Kobre & Kim Barred From FINRA Lehman Arbitration
• Lionsgate, Icahn Step Up Fight Over Tender Offer
• Ex-Mayer Brown Atty Settles SEC Refco Fraud Claims
• 2nd Circ. Reverses $65M Contract Verdict For Highland
• Stanford Insurer Gets Access To Potential Fraud Docs
• Courts Favor Employers On Prudence In ESOP Suits
• Marsh Unit, Alaska Pensions Settle Suit For $500M
• A Lesson In Delaware Court Scrutiny Of Transactions
• Gryphon Atty Disqualified From $17.5M Fraud Case
• High Roller Hit With $29M Ponzi Judgment
• High Court Rejects Vanguard Gambling Investment Suit
• Orrick, Calif. Bank Escape Class Action Over Bonds
• Supreme Court To Hear Matrixx Zicam Securities Case
• Money Manager Touting Royal Ties Faces Fraud Rap
• JPMorgan Wins Bid To Nix Insurer's Fees Award
• Ex-Rothstein COO Pleads Guilty In $1.2B Ponzi Scheme
• Ponzi Suspect Starr Pleads Not Guilty
• Patton Boggs Wants Out Of Stanford's Suit
• Ex-SpatiaLight CEO Settles SEC's Fraud Claims
• CIT, Execs Can't Kill Investor Suit Over Risky Loans
• Gryphon Atty Hits Back Over Bid To Disqualify Firm
• Stanford Receiver Inks Settlements With Investors
• Reserve Fund Investors Win Full Share Recovery
• Judge Sinks Class In Suit Over Superior Offshore IPO
• Omega Ends $485M Fraud Fight With Ex-Employee
• House Committee Says GM Is Destroying Documents
• Q&A With Kelley Drye & Warren's Paul McCurdy
• Casey's Accuses Couche-Tard Of Pump, Dump Scheme
• UBS Wins 2nd Dismissal Of Investors' ARS Action
• SEC Settles With Trader In Watley Squawk Box Suit
• The Do's And Don'ts Of Gathering Info
• CSK Auto Exec Can't Get $4M SOX Clawback Suit Nixed
• SEC Strikes At Alleged $300M Gold Mine Ponzi Scheme
• Regulators May Get Cold Shoulder After Galleon
• Dell Creates $100M Reserve For SEC Settlement
• Jury Indicts Money Manager Starr On 22 Fraud Counts
• Lines Drawn On Day 1 Of Finance Bill Conference
• SEC Adopts Circuit Breaker Rule For S&P 500 Stocks
• Mediacom Shareholder Sues Over Privatization Bid
• Insurer Received Info On Rothstein Ties, Banyon Says
• Easy Prey: Small Cap Cos. With No Takeover Defenses
• AIG Bailout 'Poisonous' To Wall Street, Report Says
• SEC Puts Another Goldman CDO Under Spotlight
• Palm Agrees To Settle Shareholder Suit Over HP Deal
• Disney Insider Trading Suspect Walks Free On Bail
• US Accuses 13 Of Running $12M Boiler Room Scheme
• Congress Sets Stage For Finance Bill Conference
• WaMu Court Fast-Tracks Hearing On Examiner
• SEC Sues AMG Prez Over Alleged Fake Invoice Scheme
• Canada OKs Icahn's Lionsgate Takeover Plans
• 7 Toyota Shareholder Suits Consolidated In Calif.
• Hedge Fund Sues Goldman For $1.6B Over CDO Sales
• Finance Reform, Private Funds And Advisers
• Rothstein Gets 50 Years For $1.2B Scheme
• US Atty Claims Gryphon's Lawyer Part Of $17.5M Scam
• Icahn Gets 2 Seats On Genzyme Board In Proxy Deal
• Ex-Atmel GC Strikes Deal In Derivative Case
• Ambac Commutes $16.4B In ABS
• Ex-Duane Reade Execs Found Guilty In Fraud Case
• WaMu Equity Group Renews Call For Examiner
• SEC Hands Deerfield Capital Wells Notice
• NYC Prosecutor Joins Baker's White Collar Group
• Eaton Vance Unit Wants Broker Payment Suit Tossed
• CKX Shareholders Sue Over $600M Buyout Bid
• 2nd Circ. Denies FDIC $22M Coverage For Merger Fraud
• Spring Supreme Court Roundup
• SEC Settlement With CFO Cinches AHM Fraud Suit
• LeClairRyan Partners Launch Securities Boutique
• Lloyds Shareholders Wield Claims Over HBOS Deal
• US Seeks 40 Years For Convicted Schemer Rothstein
• NY District Atty Offers Corporate Prosecution Protocol
• Judge OKs $7M Settlement In Fannie Mae ERISA Case
• Troutman Sanders Atty Appointed Starr Cos.' Receiver
• Ex-Dragon Execs Sue Goldman Over Merger Advice
• Crisis Panel Asks What Goldman Has To Hide
• The Art Of Client Alerts And Bulletins
• Ex-Lehman Execs Fight To Toss Securities Case
• Baker Nabs Ex-Prosecutor For E. District Of Va. Work
• SEC OKs FINRA Change Nixing Inability-To-Pay Defense
• Bank Appeals Denial Of Coverage For Madoff Loss
• Healthways Settles Medicare Securities Suit For $24M
• Judge Sides With SunTrust In Ponzi Class Action
• Banyon's Link To Rothstein Voids Policy, Insurer Says
• Fla. Bank Stock-Drop Class Action Tossed
• Lawyers And Money: Profession For Sale?
• Refco Trustee's Claims V. Mayer Brown Still Won't Fly
• Stanford Loses Bid For Akin Gump Bills To Lloyd's
• NJ High Court OKs Duane Morris Malpractice Suit
• No Restitution For Victims Of Petters' $4B Ponzi Scheme
• US Concrete Equity Holders Seek Ch. 11 Committee
• Jones Day Nabs Southern Calif.'s US Attorney
• Exec's Lawyer Blames Market In Duane Reade Case
• SEC Resolves Fraud Case Against Ex-Cendant Honcho
• Maxim CFO Says SEC Flip-Flopped On Fraud Charges
• Sequenom VP Inflated Down Syndrome Test: SEC
• Shareholder Slaps Icahn With Suit Over Handling Of XO
• ERISA Suit Over GSK's Stiefel Acquisition To Proceed
• Blank Rome Lures Ex-Sidley Loan Trading Partners
• NextBank Investor Win OK'd In $50M Fight With FDIC
• Korean Investors Hit LG Over LCD Price-Fixing
• Prosecutors Wrap Up Duane Reade Securities Case
• Market Signals Of Investment Unsuitability
• No BP Investor Payouts Until Spill Tab Is Known: Sens.
• No Punitive Damages For Wells Fargo In Fraud Suit
• Ex-Goldman Analyst Fined $28M For Insider Trading
• UK Fines JPMorgan Record $49M For Mixing Client Funds
• Sales Scam Earns Ex-ClearOne Boss 4 Years In Jail
• SEC Guidelines On Sanctions Unlikely To Ease Tension
• BWAY Packs Away Stockholder Suit Over Merger
• SEC Reaches $25M Accord With Diebold, Targets Execs
• Former SEC Lawyer Radke Joins Arent Fox
• Insurers' Fraud Defense OK'd In Ponzi Suit
• German Short-Selling And The AIFM Directive
• Don't Punish Rating Agencies For Crisis: Buffett
• US Watchdog Widens Probe Into $150M SEC-BofA Deal
• Judge Won't Let Fired Lawyer Exit Stanford Case
• S&P, Moody's Didn't Underwrite Merrill Securities: Judge
• Probe Ties 2 SEC Officers To Fraud Convictions
• Galleon Defendants Say Feds Used Improper Wiretaps
• Judge Tosses Conviction Of WebMD Unit's Ex-Execs
• FINRA Orders Credit Suisse To Pay $9.8M For ARS Fraud
• Starr Entities Put Under Monitor's Watch
• Lionsgate Shareholders Reject Latest Icahn Offer
• UK Calls For Input On Post-Cadbury Merger Reforms
• Kirkland Taps Ashurst Private Equity Duo For UK Office
• NEGI To Settle Derivative Suit Over Asset Sale For $9M
• Charity Loses Bid To Revive $300M CDS Suit V. AIG
• Case Of The Moenchies: Moench Provision Expansion
• Activision Board Upheld Duty In Vivendi Merger: Court