Securities Archive » April, 2011

Securities - April, 2011

377 articles

• PwC Agrees To Pay $25M To Exit Satyam Securities MDL
• Feds Only After Me For My Husband: Grupo Director
• Ex-MedQuist CFO Settles SEC Suit Over Billing Fraud
• Tiberius Seeks To Revive Petrosearch Merger Suit
• Tire Recycling Exec Settles $7M Kickbacks Suit
• Accused Trader Seeks To Subpoena Lehman, Barclays
• Fair Finance Trustee Guns For Durham Political Handouts
• Treasury Proposes Exemption For Forex Swaps, Forwards
• 2nd Circ. To Eye Class Cert. Denial In MBS Suits
• SEC Freezes Assets Of Alleged $8.6M Ponzi Schemers
• Lilly, SEC Push Toward Deal In FCPA Probe
• Rajaratnam Jury Ends Week 1 Without Verdict
• Mo. Money Men Cop To Stealing Millions From Clients
• Former Valve Co. Exec Pleads Guilty In FCPA Case
• Trends In SEC Financial Fraud Actions: Part I
• Expertly Navigating Federal Expert Disclosure Rules
• Holland & Knight Snags Former Shipping Registry GC
• EU Opens Antitrust Probes Into Major Banks Over CDS
• Costa Rica Ex-Prez Gets Five Years For Alcatel Bribes
• Underwriters, Residential Fail To Boot MBS Suit
• Jayhawk Stock Conversion Suit Sent To Trial
• Morgan Keegan, Others Settle MBS Claims
• Jury Sees Bribe Checks In Lindsey FCPA Trial
• $1.5M Huntington ERISA Deal Wins Judge's Initial OK
• Ex-SAC Analyst Settles SEC Insider Trading Claims
• Ex-Juniper GC Fights SEC Witnesses In Backdating Case
• CHS Rebuts Tenet Medicare Fraud Claims
• Golf Channel Says $6M Stanford Payment Was Legit
• Wash. Judge Denies Ex-Isilon CFO's Bid For Mistrial
• DuPont Did Not Spoliate By Deleting Emails: Judge
• Plaintiffs Drub Class Expert In Kraft ERISA Action
• Ex-Taylor Bean Chair Fails To Win Release
• Ex-SAC Capital Manager Cops To Insider Trading
• AT&T Mobility V. Concepcion: A Win For Class Waivers
• AIG Sues ICP Over $350M In CDO Insurance Losses
• Using Injunctions In 'Bet-The-Company' Litigation
• Doubling Down On Market Manipulation Enforcement
• Mining Exec Says SEC Trying To 'Crucify' Him
• Jurors See Insider Emails In Lindsey Bribery Case
• 9th Circ. Reinstates Finisar Derivative Case
• Berkshire Hathaway May Sue Sokol Over Lubrizol Deal
• Insurers Sue BofA, Countrywide Over $619M MBS Sale
• Rajaratnam Jurors Can't See Transcripts, Judge Says
• Judge Floats 2-Jury Idea For MBIA, Countrywide Trial
• Law Firms Bank Big Money Lobbying On Dodd-Frank
• Ex-Lancer Chief Acquitted In $200M Fraud Case
• Credit Union Flays Barclays, State Street On $400M CDO
• Primary Global Defendant Negotiating Plea Deal: US
• SEC Bags $10M Disgorgement In Merchant Capital Case
• HP Investor Appeals Denial Of Report On Hurd's Exit
• Dodd-Frank's Effect On Compensation Committees
• SEC Rebuts Galleon Insiders' Public Tip Claims
• Commodities Traders Hit With $60M Antitrust Suit
• Former IP Pro Takes ALJ Spot At SEC
• Morgan Stanley Told To Share More Data In Subprime Suit
• Arbitration Contracts Can Ban Class Actions: High Court
• SEC, CFTC To Define Who Covers Which Swaps
• Madoff Investors Demand Report On Ponzi Probe
• Deloitte Hit With $500M Suit Over Navistar Accounting
• Trust Says Investment Execs Stole From $99M Award
• Mueller Accountants Targeted Over $147M Ponzi Roles
• Mortgages Ltd. Successor Sues Greenberg For Malpractice
• Rajaratnam Jurors Request Replay Of Wiretap Calls
• NJ Investment Adviser Cops To $13.6M Ponzi Scheme
• Ex-Con Cops To Ponzi Scheme Targeting Fellow Inmates
• Cuomo Bans Pols, Others From Pension Fund Dealings
• Convicted Trader's Wife Told To Repay $15M From Scam
• Ex-Stanford CEO Tries To Toss $3M Suit Over Ponzi Plot
• Smith Moore Opens New Office In Charleston
• Trader Cops To Role In Galleon Spinoff Scheme
• Judge Reverses BankAtlantic Loss In Fraud Case
• SEC Backs SOX Audits For Midsize Cos.
• Ex-Santander Analyst Settles Insider Trading Claims
• US Urges High Court To Overturn Securities Fraud Ruling
• ATM Investment Schemer Gets 8 Years For $80M Ponzi Plot
• Execs Can't Blame Prosecutors In FCPA Suit: Judge
• Calif. Money Manager Banned From Selling Stock
• Longtime Delaware Judge To Step Down
• Levine Leichtman Unit Drops LNT Noteholder Loss Suit
• Refco MDL Stays Alive Despite Master's Call To Dismiss
• Conseco To Pay $3M To End Annuity Fraud Suit
• Ex-Isilon CFO Calls Judge Biased, Seeks Mistrial
• 'Nonsensical' To Call Farkas Flight Risk: Attys
• Ex-Stanford Money Gurus Fight Janvey Clawback Claims
• Stillwater Investors Launch Suit Over Gerova Deal
• Jury Begins Weighing Rajaratnam's Fate
• E-Trade Sues To Unload $1.6M In Spongetech Cash
• CFTC Watchdog Fails Auditing Peer Review
• Greenberg Client Hits Firm With 2nd Tax Shelter Suit
• Fund Bosses Settle SEC Suit Over $3.7B Petters Fraud
• BofA Escapes Suit Over $17B In Countrywide MBS
• Utah Investors Hit Idaho Loan Fund With Fraud Suit
• Insurers Can't Intervene In Stanford Suit: Judge
• SEC Says Marketing Co., 3 Execs Ran $10M Fraud
• OTC Derivatives And Commodities Trading: EU Vs. US
• Stockbroker Cops To $30M Pump-And-Dump Scheme
• Star Exploration Receiver Pitches $1M Settlement Deal
• 2 Fla. Hedge Fund Managers Cop To Petters Fraud
• Judge Clarifies 'Foreign Official' In Lindsey FCPA Case
• Adelphia Execs Finally Win Access To Interview Notes
• Ensco Seeks To Toss Suit Over SEC Filing In $7B Deal
• Middleman Pleads Guilty In Galleon Spinoff Case
• Judge Bumps Ex-McGuireWoods Atty's Penalty By $2.5M
• JPMorgan Agrees To Hand Lehman Brokerage $861M
• New Equity Committee Sinks Point Blank Ch. 11 Plan
• Feds Seek Deal Time In $3M FDA Chemist Trading Case
• Rajaratnam Defense Takes Aim At Tapes In Closing
• Nasdaq Undeterred After Latest NYSE Rejection
• FERC Hits Gas Trader With $30M Penalty
• Cisco Execs Face Derivative Suit Over $5.7B Buyback
• A New Threat To Former Tribune Shareholders
• Judge Says Jailed Homestore CEO Must Pay Investors
• Citi Board Sued Over Shoddy Mortgage Practices
• Venable Gets $1.6B Conspiracy Suit Sent To Fed. Court
• Plaintiffs Fight Class Cert. Denial In Moody's Suit
• Feds Want Vitesse Criminal Case Tried Before SEC Suit
• 2 Fund Managers, Petters Pal Indicted Over $4B Fraud
• DOL Broadly Reads Protected Activity In SOX Case
• Bronco Investor Wants $315M Chesapeake Buy Busted
• Judge Allows Galleon Wiretaps Despite FBI Wrongs
• JPMorgan's Missteps Cost Portfolio $1B, Ambac Says
• Ex-ABB Exec Seeks To Limit Testimony In FCPA Trial
• Feds Pull No Punches In Close Of Rajaratnam Trial
• Charles Schwab Shareholders' MBS Action Tossed
• Mich. Financial Adviser Cops To $10M Ponzi Scheme
• Aletheia Installs O'Melveny Attys As President, GC
• How To Avoid The Pitfalls Of Expert Networking
• University Of Phoenix Rips Securities Class Action
• Fund Seeks Docs Backing WMI Investor's Trading Claims
• Ex-Taylor Bean Chair Convicted In $2.9B Fraud
• Securities America Settles 3 Class Actions For $150M
• Big Banks Sued Over Libor Manipulation
• SRE Shareholders Sue GridPoint Over $80M Deal
• Rajaratnam Loses Some Battles On Jury Instructions
• 2011 Securities Suits On Track To Set Record: Report
• Fund Traders Win Delay For Galleon Spinoff Trial
• CFTC Inspector Says Agency Rushed New Swaps Rules
• Judge Preps Ex-Frontier CEO's Fraud Case For Trial
• Madoff Investors' Lawsuit Against SEC Tossed
• Buffett, Berkshire Board Sued Over $10B Lubrizol Deal
• Nasdaq, ICE Bet $350M On NYSE Deal's Antitrust OK
• SEC Seeks To Force Witness To Testify In Nicor Case
• Wilson Sonsini Adds Skadden Securities Pro In China
• WG Investors Ask 2nd Circ. To Stay $792M Distribution
• Vision Capital Ducks Subpoena In Isilon CFO's Fraud Trial
• Allstate Fights To Return $1B MBS Row To State Court
• Danger: Routine Facilitating Payments Under FCPA
• Twins Seek Rehearing In Facebook Settlement Suit
• European Funds Claim Banks Manipulated Interest Rates
• "Dallas" Actor Drops Vacated $11M FINRA Award Appeal
• Citi Sues To Stanch $50M FINRA Arbitration
• Investors Sue National Semiconductor Over $7B TI Deal
• MoneyGram Investor Sues Over Recapitalization
• Caraco Investors Seek Class Cert. In Stock Price Suit
• Bill Would Shield 'True End Users' From OTC Margins
• Stanford Receiver Seeks $3M From Fund Tied To Bidens
• US Works In Final Wiretap As Rajaratnam Trial Ends
• AIC Chief Ran $7.7M Ponzi Scheme: SEC
• Fla. Man Settles CFTC Suit Over $28M Ponzi Scheme
• Italian Court Clears 4 Banks Over Parmalat Collapse
• Troutman Sanders Corporate Pro Joins King & Spalding
• Locke Lord Snags Ex-SEC Commissioner For DC Office
• FDIC Says Bankruptcy Cost Lehman Creditors Billions
• CHS Moves To All-Cash Bid In Tenet Merger Battle
• Cohen & Steers Shareholders Drop $625M ARS Suits
• Money Manager Can't Unfreeze Assets In Fraud Case
• BofA Hires Former SEC Enforcement Head
• Challenging Loss Causation In The 2nd Circ.
• Welcome To The New Law360
• FDIC To Pursue More Cases Against Failed Banks
• JPMorgan Can't Duck Ala. County's Bribery Suit
• FINRA Orders Citi Unit To Pay Fla. Trust $2.4M
• Rajaratnam Expert Admits Research Had Narrow Focus
• Assured, BofA Strike $1.6B Deal Over MBS Claims
• GreatBanc Can't Put McDermott On Stand: Judge
• 2 Ex-Fannie Execs Can't Escape Risk Claims
• CFTC Scores $13M Win In Hedge Fund Fraud Case
• HP Fights Class Cert. Bid In Stock Transfer Suit
• SEC Strikes Consent Deals In Wachovia Brokers Case
• Bail For Ex-Sonsini Atty In $32M Insider Trading Case
• Ala. High Court Again Rejects Scrushy Appeal
• Bankrupt Levitt Settles Securities Class Action
• SEC, Fannie And Freddie: MD&A Overload?
• Making Good Lawyers Into Great Partners
• Hevesi Gets 4 Years For Role In NY Pension Scheme
• Stanford Auditor Moves To Quash Subpoena
• Bear Stearns, Others Sued Over Inside Protocol Deal
• Witness Reveals $25M Investment From Rajaratnam
• Attys Say Goldman Perjury Charges Unlikely
• UBS Urges 2nd Circ. To Nix Hospital Co.'s ARS Win
• SEC Hits Auto Loan Co. With $110M Fraud Suit
• Ex-Gryphon Prez Pleads Guilty To Securities Fraud
• 9th Circ. Renews Case Over E&Y Role In $2.2B Scandal
• 1st Circ. Won't Rehear Puerto Rico Bank's Merger Suit
• Forex Fraud Receiver Blasts BofA, UBS, Others
• Pension Funds Can Join Lehman Securities MDL: Judge
• SunTrust Strikes Deal In $14.8M ARS Fight
• FINRA Fines Jefferies $1.5M Over ARS Disclosures
• Mass. Man Cops To $15M Ponzi Scheme
• How To Save Compliance Programs After Dodd-Frank
• Goldman, Deutsche Bank Duped Investors: Report
• Coventry Seeks KO In Securities Class Action
• 2nd Circ. Parses Antitrust Implications In ARS Action
• Creditors Slam Financing Plan In New Stream's Ch. 11
• New Swap Margin Rules Short On Answers
• Judge Boots $52M Winstar Suit On Remand
• Harlem Activist Calls Rajaratnam 'Very Generous'
• High Court Asked To Review 9th Circ. IPO Ruling
• Colo. Regulator Says Texas Co. Can't Sell Deal Stakes
• BigLaw Litigators, DOJ Standout Form Levine Lee
• LaBarge Investor Sues Over $340M Ducommun Deal
• Feds Seek To Revoke Bail For Ponzi Suspect Stinson
• Brokers, Traders On Hook In $70M Texas Ponzi Scheme
• Feds Charge FrontPoint Trader In $30M Inside Tips Case
• Stanford Trustee's $545M Recovery Suit Survives
• CreXus Faces Investor Suit Over Nixed $254M Buyout
• The Tipping Point In Global FCPA Enforcement
• Q&A With McDermott's Joel Chefitz
• Judge Unseals Names In Madoff Suits
• Golden Gate REIT Founder Convicted Of $2M Fraud
• Va. Man Pleads Guilty To $8.9M Investment Fraud
• Credit Suisse Dodges Suit Over National Century Fraud
• Radical Bunny Execs To Pay $3.7M In SEC Fraud Case
• Epicor Investor Sues Over $976M Private Equity Buyout
• SEC, CFTC Avoid Budget Cuts, But Still Feel Pressure
• 9th Circ. Tosses Chip Co. Investors' Fraud Action
• PCAOB's Push For Public Hearings Worries Auditors
• Superior Offshore Strikes $2M Deal In Suit Over IPO
• National Semiconductor Investor Sues Over $6.5B TI Bid
• FTC, CFTC To Share Info In Energy Enforcement
• Inspire Investor Challenges $430M Merck Deal
• Ex-Goldman Exec Fights SEC's Bid To Toss Suit
• Perkins Coie Adds Corporate, IP, Antitrust Pros
• CFTC Goes Ahead With Swap Dealer Margin Rule
• Galleon Research, Not Tips, Drove Trades: Defense
• Marvell Execs Sue Goldman Over Alleged $100M Fraud
• FINRA Fines Santander $2M For Debt Investments
• Shengdatech Reports Spur Derivative Suit
• FINRA Shakes Citi Unit For $54M Over Hedge Funds
• Saving Failed Biz Insiders From Fiduciary Duty Claims
• SEC Sues Ex-Oil Co. CEO Over $43M Ponzi Scheme
• Grant Thornton Should Pay Own Refco Costs: Report
• Obama Nominates Ex-Cravath Atty To Run TARP
• Longview's RICO Suit Survives Against Castle Arch
• Baker McKenzie Faces $600M Suit Over Stock Option Plan
• Ex-WexTrust Exec Gets 13 Years For $255M Ponzi Role
• Middleman In $32M Insider Trading Case Pleads Guilty
• Ex-Crown Forex Principal Loses Bid To Ditch CFTC Suit
• Advanta GC Rejoins Pepper Hamilton As Partner
• NYSE Euronext Investors Face Intrigue, Expert Says
• 7th Circ. Overturns Kraft Win In ERISA Class Action
• UBS To Pay $11M Over Lehman-Issued Note Losses
• Atty Tarnishes Witness Testimony In Galleon Trial
• Investors Get $16M In Headwaters IP Fraud Action
• Tenet Lobs Fraud Suit At Hostile Suitor CHS
• SEC Says Real Estate Fund Trafficked Bad Mortgages
• SRO Regulation In The Dodd-Frank Era
• Ex-World Fuel Exec Strikes Deal In $1M SEC Suit
• Judge Preserves Russian Billionaire's JPMorgan Claims
• US Argues Investors Can't Sue SEC Over Stanford Fraud
• JPMorgan, Others Sued Over Insurer's $650M MBS Buy
• SEC Scrutinizes Private Company Disclosure Rules
• AIG Unit Can't Dodge Adviser Contract Suit: Judge
• Judge Narrows Ambac's $46M Credit Suisse MBS Suit
• Petters Liquidator Battles SEC For $14M Settlement
• Goldman Exec Loses Bid For German Docs In SEC Suit
• Judge Sends Atty To NJ Court For Insider Trading Case
• Investor Sues AMSC Over Revenue Restatement
• Investor Hits Chinese Vehicle Co. With Class Action
• Ex-Arrowhead Exec Cops To Cover-Up Of Petters Plot
• NY Rabbi Admits To Laundering Conspiracy
• Rajaratnam Defense Team Reveals 4 Witnesses
• Ex-Point Blank CEO Fights Deregistration Plan
• Mentor Graphics Sued For Rejecting Icahn's $1.9B Bid
• Investor Sounds Siren On $438M Offer For Rural/Metro
• 13 Steps Toward FCPA Compliance
• J&J Pays $78M To Settle Foreign Bribery Cases
• Judge Denies Investors' Subpoena Of FINRA Atty
• Investors, WMI Reach Settlement In Securities Suit
• Hercules Reveals SEC, DOJ Probes Of FCPA Violations
• Hedge Funds Want Suit Over Ponzi Losses Shifted
• Delta Global Misled Investors, Inflated Assets: SEC
• Fried Frank Ensnared In $32M Insider Trading Scandal
• Insurers Say Credit Suisse Lied About MBS Risks
• SEC Fines Brokers For Consumer Privacy Breach
• Shareholder Sues To Block $1.9B SRA Deal
• Ex-Ivy Employee Dropped From Madoff Feeder Suit
• Real Estate Co. Can't Shake $21M SEC Fraud Suit
• Ex-Bond Trader Faces Up To 20 Years For $9M Scheme
• National Lampoon CEO Fights Lockdown As Trial Nears
• Picard Sues Private Swiss Banks Over Madoff Millions
• Brooke's $18M Counterclaim Against Banks Survives
• Comverse To Pay $2.8M To End FCPA Cases
• M&A, Foreign Issuer Suits Drove 2010 Securities Actions
• Shareholder Suits Over Genoptix Sale Consolidated
• Ex-Deloitte Partner's Wife Admits To Obstructing SEC
• 4 Orrick Pros Head To New Dechert Office In LA
• Icahn Fights To Scrap Lions Gate Takeover Suit
• Business Groups Attack SEC Proxy Rule In DC Circ.
• Canopy Ex-CEO Must Pay Back $2M For $93M Fraud
• Dodd-Frank's Eye On Energy Cos.' Use Of Derivatives
• Ex-Enron CEO Loses Conviction Appeal In 5th Circ.
• NY Fed Sells $1.3B In AIG Mortgage-Backed Securities
• Galleon Insider Trades Netted $64M, FBI Says
• Office Depot Duped Investors, Class Action Says
• JPMorgan Can't Ask Insurers For $214M, Atty Argues
• Judge Tells NIR Group To Fork Over Auditor's Report
• House Subcommittee OKs Fannie, Freddie Reforms
• Bear Stearns Not Liable For Baron Fraud: Atty
• Cisco Execs Face Suit Over Alleged Stock Inflation
• Lehman Drops $54M Axa Trade Fight For $8.6M
• Va. Fines Alleged Investment Predators $37M
• Judge Extends Deadline For RBS Prosecution Deal
• JGC To Pay $219M Fine In Nigeria Bribe Case
• Auditing Watchdog Wants Disciplinary Hearings Public
• Ex-Taylor Bean Chair Wins Access To Colonial Docs
• Judge OKs ERISA Class In Suit Against YRC Worldwide
• Former EZ Lube Owners Can't Shake Suit Over LBO
• Is It Material? Depends On Who You Ask
• Goldman Asks Judge To Toss CDO Disclosure Suit
• Sydow Drops Defense Of Stanford In SEC Suit
• Ex-Sonsini Atty Charged In $32M Insider Trading Case
• Galleon Earned Millions On Insider Tips, FBI Says
• House Reps Spar Over Future Of Fannie And Freddie
• SEC Mulls New Safeguard Against Market Volatility
• EMS Investors Add Goldman Sachs To Suit Over Buyout
• NY Appeals Court Keeps RBC Investor Suit Alive
• Pfizer Securities Fraud Suit Must Stay In NJ: Judge
• Special Master Pinches Rating Agency Suit Discovery
• CFTC Accuses Pa. Hedge Fund Of $2.2M Fraud
• Tellabs Strikes $7.4M Deal In Securities Action
• Apollo Group Backdating Suit Gets The Boot
• Satyam, PwC Units To Settle Fraud Claims For $17.5M
• 6th Circ. Revives Abercrombie Derivative Suit
• Ex-PR Exec Gets 16 Months For Insider Trading
• SIPC Joins Madoff Trustee's $6.4B JPMorgan Battle
• Wells Fargo To Pay $11M In SEC's Wachovia CDO Suit
• Enron Beats Appeal Over Bank's $50M Ch. 11 Claim
• Pioneering An ISDA Off-Take Agreement
• Check Your Sources
• 7 Ways To Avoid Privacy And Data Security Trouble
• Madoff Feeder Sues Abu Dhabi Fund For $300M
• Urban Outfitters Misread Trends, Shareholders Say
• Chinese Cos. Sneaking Into Public Status: SEC Official
• 'Warrior' Chiesi Swapped Tips With Rajaratnam: Tapes
• SEC's Road To Victory Unclear In Potential CDO Cases
• SEC OKs Rule Change For FINRA Arbitration Docs
• Judge Nixes 'Foreign Official' Challenge In FCPA Case
• Father, Son Cop To $880M Ponzi Scheme
• Ex-Juniper GC Must Answer SEC In Backdating Case
• Salvation Army Sues BNY Mellon For $22M Over Loans
• Judge Trims IBM Ponzi Scheme Suit
• SEC Puts Stifel Unit On Notice Over Wis. School CDOs
• Moody's, Standard & Poor's Escape $7.8B MBS Suit
• A Winning Strategy For Beating IPO Class Actions
• Wachovia Dodges 4 Securities Class Actions
• Dana Execs Lose Bid To Toss Accounting Fraud Action
• Siemens Wins Bid To Toss Securities Class Action
• Credit Suisse, Cushman Duck $24B Investor Action
• State Street Off Hook In Fund Misrepresentation Suit
• Ex-Con To Cop To Ponzi Plot Against Fellow Inmates
• Ex-Taylor Bean CEO Pleads Guilty In $2B Fraud Case
• DOL Board Clarifies Scope Of Whistleblower Protection
• GOP Sens. Introduce Bill To Repeal Dodd-Frank
• Court Denies Class Cert. In Moody's Securities Suit
• ERISA Suit Over Flagstar Plan's Stock Holdings Nixed
• Queen Shoals Exec Gets 22 Years For Ponzi Scheme
• Nasdaq, ICE Top Deutsche With $11.3B Bid For NYSE
• Ex-Qwest President Escapes SEC Fraud Suit
• Ex-Heartland GC Engaged In Insider Trading: Judge
• DOJ Tries To Oust Zuckerman Atty From BCI Fraud Suit
• US Tries To Bar Defense Expert In Rajaratnam Trial
• Madoff, Lehman Trustees' Fees Could Bankrupt SIPC
• SEC No-Admit Settlements: Leave Well Alone
• Combating Junior Lawyer Fallout — Part II
• $200M Mortgages Ltd. Fraud Suit Survives
• Fraud Suit Over Petrosearch-Double Eagle Deal Nixed