Securities Archive » November, 2011

Securities - November, 2011

370 articles

• Ex-Olympus CEO Quits Board, Wants New Management
• National Century Exec's Sentence Cut In $2.4B Fraud Suit
• SEC Atty's Talks With Fund Chief Sank Probe: Watchdog
• New MF Global Trustee Vows 'Efficient' Ch. 11 Path
• SEC, FINRA Tell Brokers To Strengthen Branch Office Exams
• 2nd Circ. Speeds Review Of $8.5B BofA Settlement Fight
• Goldman CEO Can Be Deposed In Gupta SEC Case: Judge
• FGIC Says Ally Lied To Get Coverage For $4B MBS Sales
• Defunct Bank Reaches $1M Deal To End ERISA Action
• Inside Rakoff's Rejection Of SEC-Citigroup Settlement
• Investors Sue Abbott Over $1.5B Depakote Settlement Tab
• Ropes & Gray Atty Gets 6 Months In Insider Trading Case
• Bills On Derivatives Trading Rules Move To Full House
• EU Moves To Open Up Auditing Market
• Fed Names New Banking Oversight Chief
• NY AG Appeals Dismissal Of ARS Suit Against Schwab
• Creating An E-Discovery Process For Google Apps
• Rajaratnam Pushes For Bail During 2nd Circ. Appeal
• Canada Raises Worries Over Maple's TMX Buy
• JPMorgan, Others Escape Claims They Aided Enron Fraud
• Justices Hammer IPO Investors Over Claims Timeliness
• Madoff Feeder Fund Class Action Gets The Boot
• ETP Faces Shareholder Suit Over $9B Southern Union Deal
• Dechert Dodges Fortress' $50M Suit Over Ponzi Loan
• University Of Phoenix Owner Ends Investor Suit For $145M
• Credit Ratings Agencies Suffer Blow To MBS Defense
• MF Global Trustee Seeks $2B More In Customer Payouts
• Pfizer Told To Cough Up Docs In Drug Marketing Action
• DOJ Faces Reversal Of Lindsey FCPA Victory
• Fremont Investors Lose Bid To Revive Securities Suit
• Wachovia Sued Over MBS Sales To Failed Credit Unions
• Pharmasset Investor Challenges $11B Gilead Deal
• Judge Unites Oppenheimer Suits Over $2.5B In Loans
• SEC Chief Pushes Bigger Penalties For Fraudsters
• EMSC, Shareholders Reach Settlement Over $3B Sale
• NASAA Eases Way For Advisers Moving To State Oversight
• FINRA Sanctions 8 Firms Over Bad Private Placements
• Weighing ISS Proxy Voting Policies For 2012
• McCormick & Schmick's, Landry's Sued Over $132M Deal
• $200M In Missing MF Global Client Funds May Be In UK
• Lens Maker Sued Over Hazy Quality Control Standards
• Anglo Irish Bank Dodges Hedge Funds' Suit
• Lehman Unit Says AG Financial Owes $1.4B Contract Fee
• Financial Crusader Barney Frank Won't Seek Re-Election
• HSBC Retools Proposed $62.5M Madoff Settlement
• Bingham Helped Merrill Lynch Rig Trial: $1.2B Suit
• Senate Eyes CFTC Chairman Amid MF Global Collapse
• SEC Can't Oust Fenwick From Insider Trading Suit
• HSBC Settles $525M Suit Over PEMGroup Fraud
• FDA Chemist Settles Insider Trading Suit For $4M
• Producer Pleads Guilty To $2.6M Insider Trading Scheme
• Rajaratnam Banks On Wiretaps To Stay Free Amid Appeal
• 2nd Circ. Weighs Revival Of Goldman Pay Disclosure Suit
• O'Melveny Lures Former Conexant GC As M&A Partner
• MF Global Trustee Gets OK To Dump Leases
• BankAtlantic Investors Sue To Halt $5.4B BB&T Deal
• High Court Won't Touch Appeal Over Oil Co.'s Bankruptcy
• ArthroCare To Pay $74M To End Stock Inflation Action
• RBS Unit Settles Mass. Subprime Claims For $52M
• Out Of Court: Dismissals With Prejudice Under SLUSA
• Rakoff War On Bank Deals May Force SEC's Hand
• MF Global's UK Clients Could See Cash By Spring
• CMC Ponzi Suits Sent To Trial After Decade Of Litigation
• Allergan Investors Sue Board Over Tax Tab For Exec Pay
• Judge Unites Investor Suits Over Citigroup CDOs
• Securities MVP: Skadden's Jay Kasner
• UBS, HSH Compete For Quick End To $500M CDO Suit
• Madoff Trustee's Fraud Suit Against Mets Headed To Trial
• Deutsche Bank Pushes To Kill MBS Fraud Suits
• Critics Say Low Hanging Fruit Key To SEC's Record Year
• Morgan Stanley Exits Muni Derivatives Suits For $6.5M
• Mortgage REITs Warn Feds To Back Off Debt Regulation
• Silver Oak Says UBS Played Dumb On MediCor Ponzi Plot
• Tobey Maguire Exits Suit Over Ponzi-Funded Poker Booty
• Litigation Chops Should Aid SEC's Reisner's Return To DOJ
• Citi Shakes Real Estate Mogul Solow's Fraud Suit
• Shareholder Sues Ralph Lauren Over Excessive Exec Pay
• SEC Demands Log of Protected Docs In Mark Cuban Case
• 2nd Circ. Nixes Suit Over BofA's $4B Countrywide Buyout
• Trump Hotel, Vegas Condo Buyers Settle Securities Action
• IRS To Hand Over $326M In False Madoff Taxes
• What Sets SciClone's FCPA Derivative Suit Apart
• The Ins And Outs Of Form PF
• Transatlantic Botched $3.4B Sale To Alleghany: Suit
• Ex-Customers Lose Bid For Power In MF Global Liquidation
• Ex-Merrill Brokers Ask 9th Circ. To Revive Trading Action
• Hedge Fund Creator Funneled $3.6M To Troubled Co.: SEC
• Del. High Court Denies HP Investor Report On Hurd's Exit
• BofA Reaches Deal With Countrywide Settlement Holdouts
• House Calls On Corzine To Explain MF Global Meltdown
• Judge Trims Lincolnshire Suit Over $99M Award
• WestLB Seeks Dismissal Of Banks' $492M Suit
• $174M Sonesta Hotels Sale Not So Hospitable: Investors
• Omni Investors Settle Lowball Claims From $122M Sale
• Deficiencies Identified At PwC, Other Auditors
• German Bank Confronts JPMorgan Over $2.1B In MBS
• JPMorgan Snags LME Stake From MF Global
• Picard Fights To Keep Suit Against Madoff Sons In Play
• Securities MVP: Davis Polk's Jim Rouhandeh
• Tokyo Exchange Offers $1.1B For Osaka Counterpart
• Countrywide Investors Get Class Cert. In $2.5B MBS Suit
• Learning From Office Depot V. National Union
• Keeping An Eye On MF Global Fallout
• FINRA Fines Wells Unit Over REIT Marketing
• Securities MVP: O'Melveny & Myers' Jonathan Rosenberg
• MF Global Judge To Consider Creditor Bids For Power
• Gupta Atty Wants Goldman CEO, CFO To Testify At Trial
• Spotlight On The Covered Bonds Bill
• Ex-AIG CEO Launches $25B Suits Over Gov't Takeover
• Indicted CDR Exec Can't Ditch Law Firm's Fee Suit
• Ex-Schwab Exec Exits Fraud Suit Over YieldPlus Fund
• Pfizer To Settle FCPA Bribery Probe For $60M
• Lake Shore Principal Must Pay $274M To CFTC: Judge
• Ex-Madoff Trader Cops Plea, Fingers Alleged Cohorts
• NY, Del. AGs Allowed To Enter Fray Over $8.5B BofA Deal
• Bear Stearns Settles Workers' Suit Over MBS Investments
• Goldman, Others Hid MF Global's Doomed Debt Bets: Suit
• MF Global Trustee Says $1.2B May Be Missing
• Bill Would Boost Accounting Watchdog's Transparency
• Auditor Cops To Role In $670M Life Settlement Fraud
• Olympus Panel Finds No Connection To Organized Crime
• Ex-E&Y Manager Settles Trading Suit Over Activision Deal
• Surprising Interpretations Of Janus Bright Line
• Securities, RICO Claims Nixed In Sunset Media Tower Suit
• Ex-West End CEO Pleads Guilty To $9M Securities Fraud
• Kuwait Investment Office Latest To Sue AIG Over MBS, CDS
• Forex Firm Owner Gets 20 Years For $30M Ponzi Scheme
• BNY Mellon Can't Escape Va. AG's $1B Forex Fraud Suit
• Goldman Prez May Face Questions In Gupta Trial
• Hedge Fund Fraudster Gets 5 Years For $18M Scam
• Judge OKs $90M Deal In MF Global Investor Class Action
• Ala. County Bank Creditors Back Sewer System Receiver
• Wells Fargo Off Hook For Ariz. Town's Bond Losses
• Merrill To Settle MBS Action For $315M
• Securities MVP: Gibson Dunn's Adam Offenhartz
• FINRA, Ontario Watchdog Seal Cooperation Deal
• 2nd Circ. Shuts Down GE Investors' Fraud Action
• Reshaping The Future For Reverse Mergers
• Nabors Investor Sues Over Ex-CEO's Golden Parachute
• Bankrupt TerreStar's Shareholders Slam Elektrobit Claims
• FrontPoint's Skowron Gets 5 Years For Insider Trading
• NYSE, Deutsche Boerse Propose Merger Concessions
• SEC Did No Special Favor For Citi In $75M Deal: Report
• Investment Schemers To Pay $4M Penalties In SEC Suit
• Morgan Stanley Fights For TBA Claims In Lehman Dispute
• SEC Says Energy Cos. Should Pay $26M For Oil Scheme
• CFTC Struggles To Gain Foothold Amid MF Global Meltdown
• Readying For FINRA Rule 4516
• Progressive Can't Shake Bank's Ponzi Settlement Claims
• 4th Circ. Backs 100-Year Sentence For 1031 Tax Owner
• Player In $190M Crown Forex Ponzi Gets 10 Months
• DOL Ruling Fails To Sway Court In Tyco SOX Case
• Investors Claim Mantria Perpetrated Green Ponzi Scheme
• Ex-Lake Shore Director Gets 20 Years For $294M Fraud
• Fund Manager Accused Of $11M Securities Fraud
• Judge Tosses Investors' Suits Against Madoff Family
• Securities MVP: Cleary Gottlieb's Thomas Moloney
• $520M Released To Some Ex-MF Global Customers
• EU Wants Fund Depositories To Be Liable For Client Assets
• Former Longtime Madoff Trader Cops To Fraud Charges
• SEC Report Shows Slow Start To Whistleblower Program
• Former Securities Firm Owner Arrested Over Fraud
• Missing MF Global Customer Funds Remain A Mystery
• Apple REIT Hit With Securities Suit Over $2B Ponzi Scheme
• Cigna Offers 15M Shares To Fund $4B HealthSpring Buy
• SEC Kicks Off Prudential Broker's Trial Over Market-Timing
• PE Firms Hit With $104M Suit Over Greek Tragedy
• Investors Win Class Cert. In IndyMac Securities Suit
• Morgan Stanley Settles SEC Advisory Fee Claims For $3M
• Judge Stays Suit Over Grant & Eisenhofer's Tyco Deal Fee
• A Flawed Approach To The Market Crisis
• CFTC Commissioner Blasts MF Global Repayment Plan
• Judge OKs Cadence's $38M Securities Action Settlement
• SEC Properly Disciplined Workers Post-Madoff, Senate Told
• Real Estate Owners Escape $301M Contract Suit
• SEC Claws Back $2.8M From Former CSK Auto CEO
• Countrywide Takes MBS Jurisdiction Dispute To High Court
• Securities MVP: Sullivan & Cromwell's Robert Giuffra
• Motorola Employees Denied Class Cert. In ERISA Suit
• 2nd Circ. Denies Bail For Convicted Duane Reade CEO
• Jones Day Grabs Houston Energy Atty From Baker Botts
• Benihana Asks 2nd Circ. To Chop Suit Over $8M Eatery Deal
• Olympus Investor Sues Over Merger Fee Scandal
• Princeton Review Brass Sugarcoated Earnings: Investors
• JPMorgan Unit Told To Pay $3.6M Over Risky Investments
• MF Global Collapse 'Nefarious Or Illegal,' Regulator Says
• EU Aims To Reduce Rating Agencies' Influence
• Paul Weiss Reps Caesars In Revived $50M IPO Plan
• SEC Conflict Minerals Rule — The Debate Continues
• Judge May Pare Fraud Suit Against Wells Fargo, BNY Mellon
• Pilgrim's Pride Settles Securities Fraud Suit For $1.5M
• Ex-MF Global Clients Say JPMorgan Wants Unfair Leg Up
• Appaloosa Bought Post-Bankruptcy MF Global Stock
• Anadys Shareholders Challenge $230M Sale To Roche
• Event Promoter Sued, Indicted Over $5M Investment Scam
• SEC Strikes Deals In $8.6M China Voice Ponzi Suit
• Verizon, JPMorgan Shake Idearc Class Action In 3rd Circ.
• Stanford Investors Lose Bid To Intervene In Receiver's Suit
• Citi Employees Get Another Stab At Stock Losses Suit
• Level 3 Strikes $3.2M Deal To End ERISA Action
• Texas Bank Hits UBS, Others With $113M MBS Suit
• Deutsche Bank, Citi Pay NCUA $165M Over Soured MBS
• FHFA Can't Stave Off $12B Fannie Mae Fraud MDL
• Ex-MF Global Employees Sue Over Mass Firings
• Securities MVP: Quinn Emanuel's David Elsberg
• 2nd Circ. Says Merrill's ARS Disclosures Were Up To Snuff
• Dynegy Creditors Ask For Probe Of Pre-Ch. 11 Transfers
• Symantec Blasts TRC's $81M 'Mini-Tender' Offer
• Freshfields Helps Permira Sell $408M In Hugo Boss Shares
• YRC Worldwide To Settle ERISA Class Action For $6.5M
• Chinese TV Co. Asks Judge To Boot Securities Class Action
• New Reverse Merger Rules Aim To Shield Investors
• Lehman Asks To Settle $7.7B In MBS Suits For $40M
• Calif. Court Affirms AIG, PwC Win Over Annuity Losses
• EU Moves Closer To New Short Selling, CDS Regs
• IKB Goes After Credit Suisse In $215M MBS Suit
• ICE, Customers Sound Alarm Over MF Global Cash
• UBS Settles SEC Claims Over 'Locates' For $8M
• Fremont Investors Ask 9th Circ. To Revive Securities Case
• Lexington Takes Broker's Insurance Battle To Federal Court
• Ex-DHB Directors Strike $1.6M Deal To End SEC Fraud Suit
• Nabors Executive Perks Put Under SEC Microscope
• 11th Circ. Axes CompuCredit Antitrust Suit Against Funds
• US Bank Took Shortcuts With MBS Loan Docs: Suit
• FINRA Fines Morgan Stanley $1M Over Markups, Markdowns
• The State Secrets Issue In SEC V. Deloitte
• Atty Asks DC Circ. To Vacate SEC Ethics Actions
• OSHA Changes To SOX Whistleblower Regs Go Too Far: Attys
• Convicted A&O Fraudster Told To Repay Investors $102M
• Insurer Sues BofA Over $94M MBS Investment
• Interclick Shareholders Sue Over $270M Yahoo Deal
• MF Global Unsecured Creditors Hire Dewey & LeBoeuf
• Motorola Fights Class Cert. In ERISA Case
• Lehman Reaches $87M Truce With Hedge Fund
• Medco, Investors Settle Over $29B Express Scripts Merger
• Exec Gets 5 Years For $17M Investor Scam
• Rakoff Reluctant To Bless $285M Citi, SEC Deal
• FINRA Clears Thomas Weisel In $16M ARS 'Stuffing' Case
• More Paperwork For Certain Investment Advisers
• Judge Bars New Claim In Citigroup ERISA Class Action
• Changing Landscape: The MiFID II Legislative Proposal
• Death Benefit Investor Says Broker Overcharged
• Arrowhead, Execs Face SEC Suit Over Petters Scheme
• SEC Tightens Standards For Reverse Merger Listings
• Merck Settles ERISA Suit Over Vioxx Claims For $50M
• Supreme Court Refuses To Touch Dana Fraud Suit
• Investor Sues Canadian Mining Co. Over $260M Writedown
• Judge Clears $12.5M Deal In NetBank Investors' Suit
• MBS Claims Against Goldman Sachs Up 30-Fold To $16B
• Diamond's Shoddy Farmer Pay Caused Stock Plunge: Suit
• New SEC Tactics Lead To Record 735 Actions In 2011
• HCP To Pay Ventas Extra $125M In REIT Purchase Row
• UK Hits Reliance Investor With Record $9.6M Fine
• Gibson Dunn Snags 2 Corporate Partners In Hong Kong
• AgFeed Investor Says Board's Lies Drove $430M Loss
• Judge Revives $1B Bahrain Bribery Suit Against Alcoa
• Ex-Deloitte Partner's Wife Gets 11 Months For Lying To SEC
• US Regulators On Short Leash With Olympus Probe
• Dynegy's Crafty Filings Threaten Bankruptcy Status Quo
• Timken Wants Travelers Unit To Cover $5M In Ponzi Losses
• MF Global Clients Face Claims Process To Recover Cash
• 9th Circ. Keeps Investor Class Intact In Anemia Drug Fight
• FHFA Wants $550M MBS Case Back In State Court
• BofA Sues NorthStar Unit Over Interest Rate Swap
• Fulbright Settles Suit Over Ponzi Scheme Defense Fees
• Rajaratnam Gets Record $93M Fine In SEC Case
• Infomercial Hosts Can't Dodge SEC's Fraud Suit
• 10th Circ. Upholds Perjury Conviction Of ClearOne CFO
• Savient Investor Asks 2nd Circ. To Reopen Fraud Case
• JPMorgan Unit Ducks $56M Alliance ARS Suit
• Skadden Wants Out Of $6M Trump Group Escrow Row
• Paulson Fund Is The Big Seller In Delphi Automotive IPO
• The 2nd Circ. Stance In Citigroup ERISA Litigation
• Wells Fargo Reaches $37M Deal In Bid-Rigging MDL
• Madoff Family Owes As Much As $226M: Trustee
• Cybersecurity And Government Contractors
• Madoff Investors Hit JPMorgan With $19B Class Action
• Rothstein Investor To Pay $25M To Skirt Fraud Claims
• Dynegy Heads To Ch. 11 In Deal To Restructure $4B Debt
• Olympus Admits To Hiding Losses With Merger Fees
• Lehman REIT Asks Judge To Confirm Arbitration Win
• NJ AG Says Atty Scammed Elderly In $8.5M Ponzi Scheme
• Sen. Eyes MF Global Collapse After CFTC Chief Exits Probe
• Auditor PKF New York Can't Skirt $132M China Expert Suit
• McAfee Didn't Sell Ex-GC Down The River: 9th Circ.
• Insurer, Broker Settle Dispute Over $400M Ponzi Scheme
• SEC Defends $285M Citigroup Settlement Over Bum CDO
• Thompson & Knight Reels Back Energy Deals Atty
• Fired Broker's Case Against AXA Survives
• Broker Will Pay $5M To Settle Ponzi Investment Claims
• Amgen Launches $5B Stock Buyback, Senior Notes Offering
• CFTC Says Silver Market Probe Still Going Strong
• The Delaware Chancery Court As Corporate Regulator
• High Court Resurrects KPMG Arbitration Bid In Madoff Row
• Top Legal Talent Take Center Stage In MF Global Suits
• Lawyer Targeting MF Global Sees Massive Case In Store
• For Corzine, Silence Will Not Be Golden
• BNY Forex Rate Scheme Cost Investors Millions: Suit
• Alleged First Capital Ponzi Schemer Told To Pay $4.5M
• Yahoo Shareholder Says Yang Should Resign Board Seat
• Texas Ponzi Schemer Must Serve 17 Years, Pay $64M
• The Quest To Create An SRO For Investment Advisers
• CFTC Chief Urged To Exit MF Global Probe Over Corzine Ties
• Regions Gets Subpoenas Axed In Action Over AmSouth Buy
• Arrest Ends Golden Gate REIT Schemer's Fugitive Flight
• Duane Morris Gains Schiff Hardin Tech Deals Expert
• MF Global Trustee Gets Green Light To Subpoena Execs
• Hedge Fund Exec Denies $6M Ponzi Scheme
• John Deere FCA Suit Tossed For Relying On Public Info
• DOJ Won't Probe Ex-Top SEC Atty's Ties To Madoff
• House Passes Bills Easing Small Co. Fundraising Rules
• Corzine Resigns From MF Global Amid Scandal
• SEC Probes Aircraft Maker Embraer For FCPA Violations
• BNP Paribas Unit Hit With $1B Suit From Madoff Trustee
• Ad Firm Officials Charged With $20M Accounting Fraud
• Hagens Berman Contract Suit Will Go Forward: 3rd Circ.
• Humane Society Squeals To SEC Over Alleged Ham Sham
• Investor Sues MF Global Execs For Alleged Deception
• Gabon FCPA Informant Says He Claimed Deal Was Legal
• Ameriprise Must Arbitrate Despite $100M Deal: 2nd Circ.
• SunTrust Wants Sanctions For Attys In 'Fabricated' Suit
• Ex-ABB Exec Must Face Charges Of Mexican Bribery
• Morgan Stanley Can't Shake Asian Investors' CDO Suit
• Ex-Nixon Peabody Atty Gets Probation In Trading Case
• Has Janus Pulled The Plug On Group Pleading?
• Dechert Snags Ex-LG Real Estate Finance Pro
• Ex-Gateway Execs Seek New Trial In SEC Fraud Suit
• CFTC Head Pledges Action Over MF Global Meltdown
• Validus Plans Board Battle To Close Transatlantic Deal
• The Vanishing Civil Trial Lawyer
• Sky Founder Fails To Nix $140M Fraud Conviction
• Chesapeake CEO Settles Bonus Suit In $12M Deal
• Mets Owners Near Deal Over Madoff Losses In 401(k) Plans
• Last-Ditch Effort To Stop OceanFreight Merger Capsizes
• Trader Gets 3 Years' Probation For Galleon Fraud
• Shareholders Sue To Block $6.2B Oil Services Merger
• OSHA Requests Comments On SOX Whistleblower Changes
• MF Global May Have Stripped Client Accounts, CME Says
• Allstate Off Hook For Share Of $35M Bond Losses
• State Street Nixed From Waste Co. Workers' ERISA Suit
• Progress To Settle With CVO Holders Over $42M Loss
• Adolor Investor Challenges Cubist's $415M Takeover Bid
• Hill Tax Proposal Draws Attention To Short-Term Trading
• AXA Rosenberg Settles Coding Error Class Action For $65M
• Wells Fargo Faces $163M CDO Fraud Suit
• Quinn Emanuel Adds Departing Novartis GC In Europe
• UBS Client Sues Over $109M In 'Toxic' MBS
• Revamping The EU Market Abuse Regime
• Gabon FCPA Witness Grilled Over Past Drug Use
• $21B Slashed From Madoff Trustee's UBS, JPMorgan Claims
• MF Global's Debt Bets Ignite Fears Of Global Crisis
• In MF Global Collapse, SIPC Looks To Familiar Face
• FBI Probe Casts Criminal Shadow Over MF Global Execs
• MF Global Bankruptcy Creates Financing Snag For REITs
• Stiefel Will Get Split Trial For ERISA, Stock Fraud Claims
• Madoff Trustee Loses Bid To Consolidate Adversary Suits
• Mafia Charged With Looting $12M From Texas Lender
• AGs Strike Fear With Criminal Mortgage Probe
• Abercrombie Settles Suits Over False Financial Reports
• Citigroup Faces New ERISA Suit Over Stock Drop
• Watchdog Slams SEC Over Doc Destruction
• HSBC Clinches Venue Change For $70M Due Diligence Suit
• BofA's Bid To Consolidate Bond Insurers' Claims Denied
• Fight Over Argo Tea Share Sale Lands In Federal Court
• DBSI Trustee Says Foley Complicit In Ponzi Scheme
• Shareholder Ire Leads G4S To Drop £5.2B ISS Bid
• The Latest In FCPA Enforcement
• Investors Target LA Real Estate Mogul Over Fraud Scheme
• Disclosing Cyberattacks: How To Follow SEC Guidance
• Olympus Committee To Probe Merger Fee Scandal