Securities Archive » July, 2011

Securities - July, 2011

351 articles

• Siemens Escapes Argentine Whistleblower's Tort Suit
• Investors Can Bring Claims Against BofA Execs: Judge
• Judge Merges Shareholder Suits Over J&J FCPA Cases
• Ex-SAC Manager Gets 30 Months For Insider Trading
• Q&A With Pillsbury's Maria Galeno
• United Salt Must Face Investor Suit Over Plant Buy
• Texas Watchdog Sues Life Partners Over Subpoenas
• Patton Boggs, Others Hit Over 'Frivolous' Securities Suit
• Investor Accuses Princeton Review Of Fraud
• Texas Court Revives Suit Over $2.6B Gas Co. Sale
• Investors Accuse TD, Gibraltar Of Aiding Rothstein Fraud
• Yahoo, Alibaba Reach Deal On Alipay's Future
• BSkyB Keeps James Murdoch As Chairman
• La Madrid Gets 10 Years For $30M Hedge Fund Fraud
• An Aggressive Insider Trading Case
• Ex-Pegasus CEO Cops To $25M Stock Scheme
• Black Contests $3.8M Fine After Conviction Reversals
• BofA, Countrywide Sued Over Loan Quality Statements
• Securities Suit Against Kohlberg Capital Gets Booted
• Judge Scraps Bulk Of Madoff Trustee's $9B HSBC Suit
• Sidley Austin Nabs Seasoned Prosecutor For NY Office
• Ex-Kane CEO Inks Deal In Muni Bond Bid-Rigging Probe
• Ala. County Delays Ch.9 Vote To Mull Creditor Truce
• Ex-Taro Exec In Contempt Over $2M Insider Trading Fine
• Ashland Loses 6th, 2nd Circ. Appeals In ARS Suits
• Tremont Strikes $1B Deal With Madoff Trustee
• Barring RICO Claims Based On Alleged Securities Fraud
• CFPB Unveils Rules For Investigative Practices
• Giant Interactive Reaches $13M Deal Over IPO Disclosures
• Grassley Probes Education Officials' Wall Street Ties
• WexTrust Receiver Sues Insurers For Malpractice Funds
• Building Your Own Business Development Plan
• Judge Denies Court Transfer For Madoff Feeder Funds
• E&Y Tip Recipient Dodges Prison For Trading Scheme
• SEC Staff Fault Broker-Dealers Over Structured Securities
• Aspen Owners Get Prison Time In $56M Fraud Suit
• SEC, FINRA Lax In Telling Funds Of Ad Rule Changes: GAO
• GAO To Review Madoff Trustee's Clawback Suits
• Arent Fox Deals Pro Jumps To K&L Gates
• Muni Bond Bid-Rigging Charges Aren't Time-Barred: Feds
• Building Co. Hit With Sanctions In $33M Fraud Case
• Lindsey Execs Say Gov't Misconduct Dooms FCPA Case
• Diageo Settles SEC Bribery Claims For $16M
• Reed Smith Nabs Manatt Entertainment Finance Pro
• UBS Sued Over $4.5B Fannie, Freddie RMBS Losses
• Class Claims Trimmed In Lehman Securities MDL Suit
• Merrill Units Must Pay $8M Over Stock Seizure: FINRA
• BDO Settles Suit Over Faulty Audit Of Subprime Lender
• UK High Court OKs Flip Clauses In Lehman Notes
• Citibank Tries To Sink $430M Madoff Clawback Suit
• The Debt Ceiling Debate: A Major Implication Ignored
• Movie Investor Hit With $190M Tortious Interference Suit
• Heartland Investors Take $15M Fraud Suit To 6th Circ.
• Locke Lord Lures Stroock Insurance, Securities Team
• Alleged Inside Trader Strikes Deal In $8M SEC Suit
• 5th Circ. Affirms Conviction Of Ex-First Fidelity CEO
• Rothstein Trustee Sues TD Bank Over Ponzi Losses
• SunTrust Units Fined $5M For ARS Practices
• Motorola Can't Dodge Investor Action Over 3G Losses
• Sky Capital Defendants Convicted In $140M Fraud Case
• UniCredit Fights Madoff Trustee's Racketeering Claims
• 2nd Circ. Affirms Dismissal Of Suit Over CBRE IPO
• Q&A With Pillsbury's Kirke Hasson
• SEC Approves New Rules On Large-Trader Reporting
• UBS Given Limited Immunity In LIBOR Probe
• Clorox Rejects $10.7B Icahn Offer Amid Investor Suit
• Medco Investors Fight $29B Sale To Express Scripts
• Ex-Wachovia Broker Gets 6 1/2 Years For $8.4M Scam
• Chinese IPO Suits Driving Securities Actions: Report
• Ex-Credit Suisse Broker's $1B Fraud Case Sent To Brooklyn
• Fugitive REIT Founder Gets 17 Years For $2M Fraud
• Deutsche Bank Unit's Suit Over $352M In MBS Gets OK
• BofA Mortgage Woes Hurt Bottom Line: Shareholders
• Rabobank Closes Book On Muni Bond MDL Suits
• Hedge Fund Manager To Pay $1M To Settle CFTC Suit
• Obama Lays Out New Offensive Against Overseas Cartels
• Allos Investor Tries To Block $686M AMAG Merger
• Wells Fargo Ducks Suit Over Employee Trading Policy
• Cooley Snags Emerging Biz Pro From Dorsey In Calif.
• Last Trivium Insider Trading Defendant Seeks Exit
• Horse Breeder Trustee Settles Fraud Claims For $27M
• Men's Wearhouse Securities Suit Gets The Boot
• Safeguarding Material, Nonpublic Info
• Q&A With Orrick's Tom McConville
• A&O Workers Get Prison As Co-Founder Seeks Leniency
• Lockheed Martin Hit With Shareholder Class Action
• 5th Circ. Makes U-Turn On Arbitration In Stanford Suit
• House Passes GOP-Backed Changes To Consumer Agency
• DOJ Preparing Subpoenas For News Corp.: Report
• Shareholder Sues Temple-Inland Over Buyout Rejection
• Longbranch, Exec Told To Pay $2.4M In Forex Ponzi Suit
• K1 Hedge Funder Gets 10 Years For $500M Ponzi Scheme
• Ex-Woodbury Broker Gets 8 Years For $5M Fraud
• Taylor Bean's $1.6B Deal Overcomes Freddie Mac Protest
• Investors Say Real Estate Co. Inflated Property Values
• 2nd Circ. Nixes Appeal In Vivendi Foreign Share Action
• Stiefel ERISA Plaintiffs Lose Class Cert. Bid
• Proxy Access Ruling Could Spur SEC Rule Challenges
• Q&A With Wilson Sonsini's David Steuer
• J&J Says Board Not To Blame For Recalls, Corruption Claims
• Funds Seek To Block Dynegy's $1.7B Restructuring Plan
• Wells Fargo Files $239M Suit Over MBS Loan Default
• Drilling Co. Trustee Can Sue Shareholders: 5th Circ.
• Man Can't Duck SEC Suit Over Fake Kodak, AMR Offers
• Cooley Bests Malpractice Suit Over Juice Co. Ownership
• Minkow Gets 5 Years In Lennar Stock Fraud Case
• Provident Trustee, SEC Settle Ponzi Case For $2.4M
• Wall Street Ire No Reason To Convict, Ex-Sky CEO Says
• UBS Claims Against Highland Are Too Late: NY Court
• Dechert Nabs White Collar Partner From Mayer Brown
• CFTC Chair Draws Fire From Lawmakers Over Swap Regs
• Judge Nixes Hedge Fund's $1.6B Suit Over Goldman CDOs
• 2nd Circ. Denies Class Cert. Appeal In Moody's Suit
• Q&A With Fulbright & Jaworski's Linda Addison
• Mass. Regulators Say RBC Improperly Sold Risky ETFs
• $132M China Expert Fraud Suit Survives Dismissal Bid
• Frank, Agencies Say Dodd-Frank Reforms Need Funding
• Federated Sues BofA Over $185M Countrywide Investment
• Options For Upsizing A Non-WKSI's Offering
• OCC Boosts States In New Banking Law Preemption Rule
• Judge Won't Block Kratos' $266M Integral Systems Bid
• 2nd Circ. Blocks Argentina From $100M Bond Exchange
• McGinn Smith Founder's Wife Hit With $1M In Sanctions
• 9th Circ. Kills Brookstreet Investor's Coverage Bid
• Honest Services Charges Survive In CDR Bid-Rigging Case
• Sky Capital Defendants Are 'Family Of Criminals': US
• Harbor Wealth Exec Gets 6 Years For $5M Fraud
• Rajaratnam Co-Conspirator Chiesi Sentenced To 30 Months
• Spillane Weingarten Lures Latham Securities Pro In LA
• TNK-BP Investors Win Docs In Fight Over Failed $8B Deal
• Blank Rome Adds 2 Ex-Pillsbury Attys In Shanghai
• Cooley Nabs Veteran Securities Pro From Howard Rice
• Madoff Trustee Drops Some Claims Against UBS
• Feds Bear Down On $3.7B Petters Fraud Fundraisers
• SEC Sues Man For Trading On Merger Draft He Found
• Q&A With Howard Rice's Gilbert Serota
• Extending Section 546(e) To Commercial Paper Redemption
• Withdrawal Of Landmark Ruling On Metadata Production
• Perimeter Chief Settles Over Alleged $4.5M Fraud
• Ex-Pitney Bowes Exec Settles Insider Trading Case
• Ex-ArthroCare Exec Mostly Ducks $2.1M SEC Judgment
• Jury Finds Ex-IEA Chief Guilty Of $90M Fraud
• CFTC Milks Ecoval For $1.4M Over Market Manipulation
• Feds Contest Ex-CCI Execs' Bid To Dismiss Bribery Case
• ESSI Exec Not Liable For Backdated Options: 8th Circ.
• Lampoon CEO Wants Barnes & Thornburg Disqualified
• Ex-Salander Director Sentenced To Weekends On Rikers
• 2nd Circ. Says Fraudster Can't Withdraw His Appeal
• Shareholder Sues Petrohawk Over $12B Sale To BHP
• Commercial Group Seeks To Relax 'Skin-In-Game' Rules
• Madoff Investor Fights To Block $7.2B Picower Deal
• Ambac Wins OK For $33M Payout In Securities Actions
• Va. Man Gets 8 Years For $8.9M Investment Fraud
• SEC Wants Striker Execs To Pay $3.6M In Fraud Case
• Energex CEO Blasted With $9.5M Fraud Suit
• Managing Murdoch's Massive Legal Exposure
• Ex-Galleon Trader Settles SEC Claims
• CFTC Proposes Derivative Trading, Risk Rules
• First Horizon Seeks $25M Coverage For Sentinel Suits
• Trivium Co-Founder Pays $2.7M To Settle SEC Claims
• SEC Whistleblower Program Raises Privilege Worries
• Investor Class Mines $9M From Harmony Gold
• 2nd Circ. Vacates Injunction In CSX Proxy Fight
• Credit Union Admin Hits RBS With $629M Securities Suit
• Greenberg Traurig Slapped With $10M Malpractice Suit
• Shareholder Sues CSC Over Hidden Financial Woes
• Judge Halts $92M JPMorgan Deal In Muni Bond MDL
• Imperial Creditors Sue Board Over $800M MBS Purchase
• Cuban Can't Use 'Unclean Hands' Against SEC: Judge
• Man Cops To False Statements In Cook Ponzi Probe
• US Blasts Westgate Fraudster's Bid To Annul Sentence
• Murdoch Could Nix Suits By Going Private, Attys Say
• SEC Fights Costs Award In Morgan Keegan ARS Suit
• SRA Investors Back $1.9B Sale To Providence
• SEC Wins Asset Freeze In Arch Insider Trading Suit
• Former Trader Cops To Agency Death Threats
• Citigroup Investors Seek Class Cert. In CDO Action
• Litigating Disclosure Challenges To M&A Activity
• Northstar International Settles SEC Ponzi Claims
• ACA Must Pay For Defaulted Muni Bonds: Suit
• Greenberg Traurig Adds Corporate Pro In Fla.
• Ex-Trader Pleads Not Guilty To $25M Ponzi Scheme
• Suit Seeks To Halt $265M China Fire, Bain Merger
• Judge Denies New Bond For CEO Who Fled Trial
• Ex-TPG Associate Fined In Insider Trading Case
• Leap Shareholder Sues Goldman Over Short-Swing Trades
• $30M Pump-And-Dump Schemer Gets Lower Sentence
• Ex-NYSE Examiner Plays Down Sky Capital Fraud Claims
• DBSI Trustee Sues 6 Brokers Over $500M Ponzi Scheme
• Liberty Mutual Wants Off Hook For $13M Much Shelist Deal
• Did SCOTUS Breathe Life Into Section 20(b)?
• UBS Wins Bid To Move Madoff Trustee's $2.6B Suits
• UAE Bank Knew Risks Of $40M Transaction: Credit Suisse
• Ex-Pepsi Exec Supports Sky Capital At Trial
• Stanford Receiver Seeks $1.5M From Broker-Dealer Exec
• Securities Law Blocks Mare Breeding Suit: Bank
• Ex-Dell Manager Must Repay Insider Trading Gains: Judge
• SEC Fraud Suit V. National Lampoon CEO Put On Pause
• Dexia Sues Deutsche Bank Over $1B In MBS
• Ambac Suit Over $1B JPMorgan Losses Revived In NY
• European Sovereign Debt — Why We Should Care
• Using Financial Information In Settlement Negotiations
• How They Won It: Quinn Emanuel Airs Tiny Lies For Big Win
• Volcker Rule Won't Work Without More Bank Info: GAO
• Varian Investor Slams $5B Sale To Applied Materials
• Q&A With Hogan Lovells' Marc Gottridge
• Deutsche Boerse Shareholders Back $10B NYSE Tie-Up
• StarMedia Execs Sue For $2.5M In D&O Coverage
• Countrywide Says Pension Fund's MBS Suit Time Barred
• Orchid Shareholder Drops Suit Over $85M LabCorp Deal
• Jiau Says Fraud Verdict Based On Speculation
• Ex-Sky Capital CEO Charged Perks To Firm, US Says
• Armor Holdings To Pay $16M In Foreign Bribery Case
• ING, Plaintiffs Talk Settlement In Annuity Contract Suit
• 1st Circ. Upholds Citigroup Win In Deferred Comp MDL
• 8th Circ. Nixes Fraud Sentence In $8M Ponzi Case
• Investor In Vt. Utility Tries To Block $700M Sale To Gaz
• SEC Delays Retail Forex Trading Ban For Year
• NewOak Must Litigate Fraud Claims V. Applied: 2nd Circ.
• Pepper Hamilton, Insurer Settle Coverage Row
• Wealth Management Co. Accused Of $300M Tax Shelter
• Walnut Place Pipes Up Over $8.5B BofA Settlement
• Ex-Nasdaq Exec Settles SEC Insider Trading Charges
• Q&A With Barnes & Thornburg's Kevin Rising
• SEC Needs To Better Document Ethics Advice: GAO
• 1031 Tax Group Clients Lose Bid For Class Cert.
• The Scope Of Questioning For A 30(b)(6) Deposition
• Wall Street Insider Chiesi Settles With SEC
• Finders Agreements In A State Of Flux
• SEC Bans Ex-Morgan Stanley Trader Over Hidden Risks
• Seattle Genetics Insider's Brother Pleads Guilty
• Greenberg Traurig Demands Docs In $200M Fraud Suit
• Ex-Galleon Adviser Seeks Acquittal, Retrial
• Freddie Mac Fights Taylor Bean's $1.6B Settlement
• Ex-Duane Reade Execs Fight Feds On Losses In Fraud Case
• Q&A With Cravath's Daniel Slifkin
• Madoff's Aide Denied 2-Week Fla. Getaway
• In Context: Recent Class Action Jurisprudence
• Drinker Biddle Nabs NY Commercial Litigation Partner
• Texas Court Revives Merrill Fraud Liability Claim
• Queen Shoals Execs, CFTC Settle $22M Fraud Case
• Polygon Execs Sued Over 'Unjust' Tetragon Fees
• Madoff Victims To Receive $272M In 1st Payment Round
• Labaton Sucharow Nabs SEC Atty For Whistleblower Group
• Trivium Analyst Settles SEC Insider Trading Claims
• MIG Brings Paul Weiss Malpractice Suit To High Court
• SIPC Opposes Mets Owners' Bid To Dodge $1B Madoff Suit
• Ex-Sky Capital Broker Testifies On Strip Clubs, Bonuses
• Obama Directs Independent Agencies To Overhaul Rules
• San Francisco Atty Indicted Over $10M Ponzi Scheme
• Ameron Investor Sues Over $772M National Oilwell Deal
• Blackstone Takes IPO Class Action To Supreme Court
• Commerzbank Unit Fails To Nix Hedge Fund's $68M Suit
• 11th Circ. Sets Up $58M 'Love Boat' Suit With Court Date
• Radian Settles With Deutsche Bank Over MBS Policy
• Gupta Wins Green Light For Suit Against SEC
• AGM Claims Cut In $82M Flagstar MBS Coverage Fight
• Board Allowed News Corp. To Run Amok, Suit Says
• Disbarred Atty Cops To $9.5M Investor Scam
• Ex-Hedge Fund Manager Settles With SEC For $1M
• Barnes & Thornburg Hires Boost Midwest Practice
• Q&A With Hogan Lovells' Dennis Tracey
• Avon Shareholders Sue Over Possible FCPA Violations
• Juice Co. SkyPeople Slaps Short Seller With Libel Suit
• Wells Fargo To Pay $7M In Ex-Worker's Defamation Suit
• Doing Business With Sovereign Wealth Funds
• Stanford Investors Attack Receiver's Clawback Efforts
• WG Trading Receiver Pushes $22M Continental Deal
• Sirius Fights Derivative Suits Over $180M Antitrust Deal
• Ex-Gerova Unit Chief Wants Out Of Stillwater Action
• Judge Trims Claims In Investor Suit Over Toyota Recalls
• Mets Lawyers Ask Judge To Toss Picard's $1B Suit
• Liberty Mutual Sues Goldman Over Freddie Mac Offering
• Stanford Defense Atty Begs Judge For Cash
• Inside Morgan Keegan's SEC Settlement
• Ex-Citigroup Banker Cops To $6M Securities Fraud
• District Judge Likely To Take Up Picard's UBS Case
• Investor Hits BioMimetic With Fraud Action
• CFTC Passes Rules On Swap Market Fraud, Manipulation
• Mistrial Declared In Gabon FCPA Case
• Q&A With Wildman Harrold's Michael Dockterman
• Blackboard Investor Fights To Block $1.6B Sale
• Nabors Triumphs In Investor Suit Over $900M SWSI Deal
• Trader Hits BofA, Citi, JPMorgan, UBS With Libor Suit
• 2nd Circ. Bans RICO Claim In Madoff Investor Suit
• Ex-Prosecutor Launches NY Litigation Boutique
• Wyly Brothers Told To Disclose Atty Docs In SEC Case
• CDIB's $228M Securities Suit V. Morgan Stanley Survives
• Wells Fargo Settles MBS Action For $125M
• FDIC Hits Ex-IndyMac CEO With $600M Negligence Suit
• Linklaters Opens 2nd UAE Office In Abu Dhabi
• Inyx Shareholders Win Class Cert. In Fraud Battle
• JPMorgan To Pay $211M In Muni Bond Bid-Rigging Deal
• NYSE Shareholders Approve Deutsche Boerse Merger
• FINRA Orders Merrill To Pay $63.7M To Hedge Funds
• Baker & McKenzie Lands Energy Pro In Securities Group
• Allstate Targets Morgan Stanley Over MBS
• Dime Bancorp Investors Seek Committee In WMI Ch. 11
• Starr Adds American Promoters To Chinese Stock Suit
• Q&A With Wildman Harrold's Craig White
• Fossil, Shareholders Settle Backdating Suit For $8.6M
• Coming Changes For Derivatives Users
• SEC Chair Grilled On Botched $556M Lease Deal
• CFTC Fights Call For Recusal In Menacing Trader's Suits
• Pension Funds Cry Foul Over $8.5B BofA, Investors Deal
• Horse Breeder Trustee Settles With Ex-Parent Co. For $2M
• Ex-Oil Co. Exec Seeks Retrial Of Pump-And-Dump Charges
• Banco Santander Moves To Trim Madoff Fraud Action
• Ex-Sky Capital CEO Tries To Discredit Fraud Trial Witness
• Legal Malpractice Suits On The Rise, Survey Says
• Cambridge Place Seeks Remand Of Suit Over $825M In MBS
• FDIC Paves Way To Reclaim Pay From Failed Banks' Execs
• Life Partners Investors Consolidate Suits Over Data
• Philips Defends Bonus Payouts In $172M Discus Deal
• Cincinnati Bell Shareholders Sue Over Execs' Raises
• Ex-Flextronics Worker Cops To Selling Insider Tips
• BofA's $8.5B Securities Settlement Shady: Investors
• Yahoo Execs Clammed Up On Alibaba Blunder: Suit
• EU Lawmakers Back Derivatives Transparency Measures
• Citing High Court, Freddie Mac Investors Seek Cert.
• Silicon Valley Law Group Fights Class Cert. In Okun Suit
• Ex-Sky Capital CEO Urged Hard Sell On Secret Tapes
• Hartford Analyst's Stock Tips Fine Sticks
• Investors Can't Cash Out Argentine Funds: 2nd Circ.
• Hartford Off Hook For Nonprofit's $6.7M Madoff Losses
• Proposed 162(m) Regulations And Pre-IPO Equity Grants
• Authenticating Electronic Evidence
• Q&A With Moore & Van Allen's James McLoughlin
• Ex-Fund Manager Sues Alger Over Trading Policy
• Mets Owners Score Win In Forum Fight With Madoff Trustee
• Ex-Stiefel Labs Exec Accuses Bosses Of $40M Con
• Judge Says SouthWest Fraud Suit Doesn't Hold Water
• MBIA's D&O Policies Cover Probe Costs: 2nd Circ.
• SEC Temporarily Exempts Some Swaps From New Rules
• Smith Micro Misled Investors, Inflated Stock: Suit
• WaMu Units Want 110 Claims Tossed From MBS Action
• Obama Taps FDIC Director For Top Bank Regulator Post
• Ex-Dewey Atty Fails To Trim SEC Insider Trading Claims
• Wells Fargo Moves To Toss Suit Over $7B ARS Settlement
• 3 Plead Not Guilty To $7M Petro Investment Scam
• Ex-Board Member Says Sky Capital Was 'Complete Mess'
• Ex-Mich. Congressman Tied To NM Pay-To-Play Plot
• Ex-Oil Co. Exec Gets 5 Years For $13.4 Investor Fraud
• DC Circ. Rejects Insider Trader's FBI FOIA Challenge
• Embracing Social Media In The Corporate World
• High Court Term Draws Bright Lines For Securities Bar
• Investors Get $208.5M In WaMu Settlement
• NY Fed Halts Sales Of AIG Mortgage-Backed Securities
• Examining The Purpose Of Sarbanes-Oxley
• 7th Circ. Lets Tennis Great Connors Off Hook
• Q&A With Moore & Van Allen's Tom Myrick