Securities Archive » November, 2010

Securities - November, 2010

248 articles

• CFTC Eyes Enforcement As Reach Expands
• SEC Felt Pressure To Bring BofA Case: Report
• RBC Asks High Court To Review $65M Securities Verdict
• DOJ Says No To Amnesty Program For FCPA Cases
• Madoff Trustee Continues Pursuit Of Family Assets
• Raided Firm Says It's Not Target Of Trading Probe
• Ex-Deloitte Partner, Wife Sued For Insider Trading
• Schwab's $235M YieldPlus Deal Gets Initial OK
• CFTC Ducks Sanctions Bid In $17M Fraud Suit
• Insurer's Bid To Recoup $15M Sprint D&O Payout Nixed
• SEC Pump-And-Dump Suit Against Atty Lives On
• Morrison and Dodd-Frank's Extraterritoriality Dilemma
• Lehman Sues BofA, Barclays Over $150M Liquidation
• Alberto Shareholders To Settle $3.7B Unilever Deal
• Ex-Quest CFO Gets 16 Years After Fraud Conviction
• SEC Eyed For Negligence In Enforcement Cases
• CFTC Can't Block Evidence Of Receiver Misdeeds
• Moody's Wins Toss Of Whistleblower Termination Suit
• Holder Confirms Criminal Probe Of Wall Street Firms
• Halliburton Staff Freed In Nigerian Bribery Probe
• J.Crew Shareholder Sues To Stop $3B Takeover
• More Madoff Relatives Hit With Suits By Trustee
• Good News For Experts (And Attorneys Who Use Them)
• Fifth Third Beats ERISA Stock Drop Class Action
• Hedge Fund Networker Charged With Securities Fraud
• Ex-Doral Exec Fights Conviction In $4B Fraud Suit
• Reforms Make It Easier To Sue Hedge Funds
• 11th Circ. Favors NFL, Union In Suit Over $20M Ponzi
• Novell Shareholders Lambast $2.2B Attachmate Bid
• Judge OKs Galleon Wiretap Evidence, Severs Trial
• Ex-Madoff Employee Wins Conditional OK For Release
• Brooklyn Cinema Owner Charged With Investor Fraud
• BB&T Broker Loses Bid To Toss Fraud Suit Over ARS
• Trustee Suit Claims UBS Facilitated Madoff Fraud
• Citi To Resolve Hawaii's Losses From $1.1B ARS
• SEC's Suggestion Box Is Out For Whistleblower Rules
• Judge Won't Rehear Dismissal Bid In Wyeth Pristiq Suit
• McKesson Wins $44M In Iranian Dairy Stake Suit
• Regulators Begin Drafting Systemic Risk Rules
• KeyCorp, Execs Hit With Tax Scheme Shareholder Suit
• Former Enron VP Pleads Guilty But Avoids Jail
• Janus, SAC, Others Targeted In Insider Trading Probe
• Ex-Comverse CEO To Pay $53M To End SEC, DOJ Suits
• Sentry Clawback Suits Stay In Ch. 15 Court For Now
• SEC Settlement With Mak 1 Atty Over Fraud Gets OK
• 2nd Circ. Denies Superdome Owner Arbitration Bid
• Four Indicted For $7.2M Petro America Fraud
• The Content Marketing Revolution
• House Rep Wants Audit Of Fannie, Freddie Legal Fees
• Pond Gets Claim Trimmed From SEC Fraud Suit
• Feds Say 2.5 Years Is Enough For KB Home Backdater
• Morris Cops Plea In NY Pension Fund Case
• Madoff Feeder Fund Files For Ch. 11 To Aid Settlements
• Receiver Case Against Stanford's 'Outside Wife' OK'd
• Chiesi Argues To Suppress Evidence In Galleon Case
• FBI Raids 3 Hedge Funds In Securities Probe
• SEC To Settle Suit Against Wall Street PR Firm
• American Oil Ends Investor Fight Over $445M Hess Deal
• FCPA Shouldn't Be Platform For Derivative Litigation
• Camp Resigns After Guilty Plea On Drug Charges
• SEC Advances Hedge Fund Oversight Proposals
• Bribery Defendant Giffen Walks Away With No Penalty
• Apollo Asks High Court To Fix Circuit Split In Fraud Suit
• Fraudster Isaacson Deserves Full Sentence, US Says
• Canadian Broker Gets 25 Years For $55M Stock Fraud
• Comforce Shareholder Sues To Bar $85M ABRY Bid
• Judge Preliminarily OKs $42M Micron Securities Deal
• The 21st-Century Law Firm
• Schwab, YieldPlus Plaintiffs Patch $235M Settlement
• Banks May Be Liable For MBS Losses, Ambac Unit Says
• Financier Bruteyn Loses Post-Trial Acquittal Bids
• CFTC Proposes Real-Time Swap Reporting Rule
• Canadian Mining CEO Found Guilty Of Insider Trading
• Bucyrus Investor Sues To Block $7.6B Caterpillar Deal
• Ex-Milberg Attys Hit With $20M Madoff Clawback Suit
• UBS Settles Mass. 'Hedge Fund Hotel' Suit
• King Investors Fail To Speed Suit Over $3.6B Pfizer Sale
• US Pushes For Trial In FCPA Case Against Terra Exec
• PwC Gets Convertibles Investor Suit Nixed
• ERISA Class Sues Mutual Of Omaha Over Death Benefits
• Fed Pushes Volcker Rule Compliance Schedule
• Class Certified In Harmony Gold ADR Class Action
• 2nd Circ. Affirms Toss Of Refco Trustee Fraud Claims
• BankAtlantic Lied About Loan Risks, Jury Finds
• Alleged Dick's Insider Trader Acquitted Of Fraud
• Ex-Madoff Workers Face Conspiracy, Fraud Charges
• Cuomo, SEC Pummel Rattner Over NY Kickback Scheme
• BofA Settles With Investors Over Alleged Fraud Claims
• Brooklyn Fund Manger Convicted In $40M Ponzi Scheme
• Ex-Ropes & Gray Associate Disbarred For Fraud Deal
• 2nd Circ. Won't Touch Plan In WexTrust Ponzi Suit
• Ex-Gen Re Execs Ask 2nd Circ. For Conviction Reversal
• Prosecutors Seek 17 Years For Forex Trader
• Narrowing PCAOB Privilege
• Barnes & Noble Investors Approve Poison Pill
• Lloyd's, Akin Gump Dodging Legal Bills, Stanford Says
• Heartland Atty Dodges Some Claims Over $14M Fraud
• $3M Bail Set For Doctor Accused Of Tipping Off Fund
• Tri-Star CEO Hit With Fraud, Kickback Charges
• Cuomo Eyes Quadrangle For Rattner's Financial Data
• 2nd Circ. Nixes Investing Co.'s Bid For Fraud Coverage
• Investor Sues To Block Chevron's $3.2B Atlas Deal
• Ex-Doral Exec Gets 5 Years In $4B Stock Fraud Case
• 9th Circ. Upholds Dismissal Of Oracle Securities Suit
• Gryphon Head Awaits $20M Fraud Trial From Home
• Ch. 11 Trustee Fights For Rothstein Firm Funds
• Baron & Budd, Berman DeValerio End Xerox Fee Spat
• Ex-Tyco CFO Settles NJ Securities Fraud Suit
• Case Study: In Re Smith & Wesson
• Class Accuses SEC Of Negligence In Handling Madoff
• SEC Imposes Pretrade Verification Rules
• Broker Transferred Assets To Wife To Avoid Fines: SEC
• Judge Trims Claims In Madoff Feeder Fund Case
• Whistleblower Accuses Boeing Of Retaliatory Layoff
• US Fights Doral Fraudster's Bid For New Trial
• Pentagon Capital Loses Brady, Giglio Bid In SEC Suit
• SEC Secures Injunctions In $300M Gold Mine Scheme
• Life Settlements' Securities Standing Still A Mystery
• 2 More Galleon Guilty Pleas Unsealed In US Court
• Kinder Morgan, Investor Class Near $200M Settlement
• Madoff Trustee Seeks $70M From Ex-Employees
• Foxhollow Loses Bid To Toss Merger Breach Suit
• Doctor Preps Bail Package In Hedge Fund Tip-Off Case
• MGM Wins $500M Financing Bid, Board Seat For Icahn
• Former Quest CEO To Pay $5M, Serve 9 Years
• Berman Gets Lead In Online Education IPO Fraud Suit
• Daimler Faces Russian Criminal Probe Over Contracts
• Prudential Issues $1B In Stock To Fund AIG Deal
• US Sugar Workers Win Initial Deal OK In Buyout Dispute
• Dallas Fraudster Says Conviction Doesn't Fit Crimes
• FSA Requires Taping Of Bankers' Work Cell Phones
• The SEC's Whistleblower Balancing Act
• BofA Wants RICO Foreclosure Class Action Tossed
• Seneca Launches Proxy Fight For Dynegy
• Whistleblower Rule May Chill Self-Reporting, Attys Say
• Air Products Says Airgas Talks Were In Bad Faith
• $27M Ponzi Schemer Promised Returns, Oil Wealth: SEC
• SEC Picks Up WilmerHale Atty For Enforcement Spot
• Business Judgment Rule Will Help ARS Defendants
• Lehman, Lloyd's Try To Block Securities Action Claim
• Adelphia Execs Continue Fight For Interview Notes
• Convicted Duane Reade Execs Attack Gov't Loss Report
• EU High Court Calls Portugal's Golden Shares Illegal
• Feds Want 30 Years For $4B Securities Fraudster
• Plaintiffs Drop Bare Escentuals Securities Class Action
• CFTC Set To Lay Out Real-Time Reporting Rule
• European Parliament OKs Final Hedge Fund Rules
• Ex-KB Homes CEO Avoids Jail For Backdating
• Judge Lets Labor Chief Weigh In On Ivy ERISA Suit
• Lightstone Hit With $100M Suit Over Hotel Bankruptcy
• Nadel Receiver Nets Settlements With 7 Defendants
• Flag Telecom Class Action Ends With $24M Deal
• Citigroup Investor Class Action Trimmed
• Broker Caught Up In $26M Fraud Hit With Injunction
• Madoff Judge Greenlights New Wave Of Investor Suits
• $43M In Tribune Bonuses OK'd; 5 Execs Excluded
• Case Study: Kirschner V. KPMG
• Mass. Sues Broker Over Alleged Bid-Rigging
• First Mercury, Fairfax Deal Faces Investor Class Action
• Australia Probes SGX's $8.2B Purchase Of ASX
• High Court Weighs Class Action Bans In Arbitration
• 6th Circ. Backs Federal Seizure Of $20M Diamond
• Goldman Fined For Late FINRA Filings
• Omnicare Investors Drop High Court Appeal
• Icahn Vows To Block Lionsgate Board Member's Vote
• Swedish Pension Fund Sues BNY Mellon Over $35M Loss
• Feds Get 2nd Guilty Plea In $17M W Financial Fraud
• Financial Firms Face Growing Risk Of Hackers
• Alleged Schemer Says Stock Buy Was Not Inside Job
• Reorganization Securities And Second-Lien Structures
• Stanford Takes Speedy Trial Fight To 5th Circ.
• Wilmington Trust, M&T Deal Faces Shareholder Ire
• Funds Unfazed By Report On $4B WaMu Stock Transfer
• Schwab Wants Out Of $235M YieldPlus Fraud Deal
• NY Comptroller Ends Securities Case Against Merrill
• $21M Arbitration Award Withstands Goldman Challenge
• Morgan Stanley Seeks $40M In Futures Contract Spat
• Objections Pile Up To Tronox Reorganization Plan
• Gryphon Schemer Still Scheming, DOJ Claims
• Canadian Class Actions Create Headaches For US Attys
• Hariri Gets 18 Months For Role In Galleon Trading Ring
• MBC Leader Asks Again To Sever Attorney's Case
• Isilon Exec Wins Disclosure Of PwC Docs In SEC Case
• 10 Appellate Tips From A Former Chief Justice
• BofA, Citi Facing More Than $375B In MBS Suits
• Judge Boots $350B Countrywide MBS Action For Now
• Publisher Sues Deutsche Bank Over Postbank Deal
• ATG Shareholder Sues To Block $1B Oracle Bid
• Stinson Indicted For Alleged $17M Ponzi Scheme
• High-Frequency Trades May Be Off Hook In Flash Crash
• Japan Probes Insider Deals At Wal-Mart Unit Seiyu
• Investors Sue RAE Over Battery Ventures Deal
• Dendreon Inks $17M Deal In Shareholder Action
• Ponzi Schemer Facing 23 Years Asks For Court Atty
• Judge Seeks To Put To Rest Bayou Clawback Suits
• Feds Demand 6 Years For Former KB Home CEO
• The Delay Of Proxy Access: What To Do Now
• Fraud Coverage Suit Survives Zurich Dismissal Bid
• KV Securities Plaintiffs Fight Denial Of Bid To Amend
• Royal Dutch Shell, Others Settle FCPA Claims For $237M
• Miami Telecom Exec Wants FCPA Charges Tossed
• Schleicher And Antitrust Class Certification
• SEC Has Ended Probe Into Reddy Ice, Company Says
• Ex-Hevesi Aide Reaches Pay-To-Play Plea Deal
• Indicted Galleon Traders Seek Dismissal
• NY TARP Fraudster Hit With $1.75M Civil Judgment
• Valeant Settles Biovail Frivolous Suit Claims For $10M
• SEC Proposes Anti-Fraud Rule For Swaps
• Feds Charge Ill. Man With $5M Investment Fraud
• CFTC Hires Skadden Partner To Head Enforcement
• Argentina Asks US Supreme Court To Protect Assets
• GOP May Slow Down Financial Reform
• Securities Markets At Stake In Enron Suit: Investors
• Rothstein Associate Sentenced To 4 Years
• SEC Proposes Dodd-Frank Whistleblower Program
• SEC Adopts Rule To Limit Naked Access To Markets
• Judge Limits Loss Arguments For Ex-Duane Reade CEO
• Madoff Defense Atty Heads To Lowenstein Sandler
• Court Awards $20M To Former Clients Of Villalba
• Broker Wants Coverage For $485M Provident Fraud
• Interpreting Morrison V. National Australia Bank
• Ex-Madoff Worker Fights Seizure Of House, $2M
• Icahn Denies Lionsgate's Claims Over MGM Dealings
• Toll Bros. To Pay $25M To End Securities Suit
• French Doctor Busted For Allegedly Selling Inside Tips
• United Rentals CFO Gets Probation In Fraud Case
• 2nd Circ. Favors Aetna, Algonquin In Notes Sale Suit
• Madoff Marketing Arm Settles With SEC
• Ex-NBA Star Wants 2nd Award From Morgan Keegan
• Murky Waters After Bayou Reversal
• Gov't Seeks 17 Years For Ex-Duane Reade CEO
• SEC To File New Complaint Against Goldman's Tourre
• Alleged Insider Trader Gets Own Trial In Dick's Case
• FDIC Targets Heritage Bank Execs Over $20M In Losses
• SEC Puts JPMorgan In Hot Seat Over CDO Deal
• Canadian Court Tosses Icahn's Suit Against Lionsgate
• Rajaratnam Fires Back At Feds Over Wiretap Evidence
• Ex-Hedge Fund Manager Cops To $71M Ponzi Scheme
• AIG Scores Another $22B In TARP Funding
• Skilling Asks 5th Circ. To Reverse Conviction
• Madoff Recovery Lags Despite High Legal Fees
• Utah Judge Exits $100M Ponzi Case Over Bias Claim
• ERISA Action Against Transport Co. Beats Dismissal Bid
• Georgiou Witness Had Psychiatric Issues, Attys Say
• Feds Add New Counts To $40M Ponzi, Porn Seller Case
• Microtune Exec Can't Dodge SEC's Backdating Claims
• SEC Freezes Brewer's Assets Amid Fraud Claims
• Thoughts On Say-On-Pay Frequency