Securities Archive » December, 2011

Securities - December, 2011

335 articles

• Maywood Trustee Moves To Foreclose NY Properties
• SEC Backs Lehman Trustee In $1.3B Barclays Asset Appeal
• Delphi CEO Skimmed $55M From Shareholders: Suit
• Judge Writes Off WaPo Securities Suit Over Kaplan Unit
• CORRECTED: KPMG, Investors Reach Settlement In Countrywide Suit
• Parmalat Ponders Appeal After Latest Loss To Citigroup
• Rothstein Says TD Bank Could Have Stopped His Scheme
• GE Funding To Pay $70M To Settle Muni Bond Probe
• Harbinger's Falcone Rejects SEC Settlement Deal
• Madoff's Sons Can't Appeal Picard's $198M Suit: Judge
• MF Global Trustee Reveals Clash Over UK Funds
• BofA Plan Participants Ask 4th Circ. To Revive Case
• HSBC, Nomura Targeted Over $99M In MBS Trust Losses
• False Filings By Musicland Investor Gets $49.5M Fine
• MRV Can't Stay Shareholder Suit Over Backdated Options
• Lehman, Merrill Reach Deal In Mortgage Bond Face-Off
• Citigroup Loses Bid To Overturn $54M FINRA Ruling
• Madoff Feeder Funds' Ch. 11 Plan OK'd
• Ex-Real Estate Mogul Cops Plea Over $76M Ponzi Scheme
• Scott Brown Advocates Criminal Probe Into Fannie, Freddie
• Hospira Investors Go After Board Over Inflated Stock Prices
• Delayed $2.4B Chip Deal Drives Diamond Shareholders Nuts
• Crown Forex Ponzi Investors Want Fraud Claims Nixed
• Innospec Agent Gets 30 Months For Iraqi Bribery Scheme
• Reed Smith Nabs Ex-Berwin Leighton Finance Pro
• BNY Mellon Shells Out $1.3M To Stave Off Bid-Rigging Probe
• Watchdog Skewers Ernst & Young In Latest Audit Probe
• HGS Execs Hid Lupus Drug's Suicide Link: Suit
• Deutsche Boerse Must Sell Direct Edge Stake For NYSE Deal
• Stanford Found Fit To Stand Trial For $7B Ponzi Scheme
• Madoff Fraud Claims Against Santander Survive
• AmeriFirst Owner Convicted Of $50M Investment Scheme
• Nixed Conspiracy Charges Free 1 Gabon FCPA Defendant
• Judge In Koss Suit The Latest To Challenge SEC Deals
• In Pursuit Of Financial Fraudsters
• Sen. Grills CFTC Chief Over MF Global Collapse
• FINRA Fines Barclays $3M For Subprime RMBS Errors
• Energy Co. CEO Indicted Over $7M Investment Fraud
• Wells Fargo Wrongly Redeemed $837M In Securities: Suit
• Mine Operators Must Report More Safety Info: SEC
• ChinaCast Board Shakeup Delays Annual Meeting
• E-Trade To Settle Securities Class Actions For $79M
• MF Global Won't Tap Newly Bankrupt Units For Cash
• NY Pension Funds Push Goldman, JPMorgan On Clawbacks
• NYSE To Adopt FINRA Standards On Deceptive Pricing
• Jackson Walker Snags Ex-Hunton & Williams Securities Pro
• Coadum Advisors Principal Cops To $30M Ponzi Scheme
• Deutsche Bailed On Madoff Debt Deal: Feeder Funds
• Kaye Scholer Settles Claims Over $6M VesCor Fees
• Immersion Beats $300M Suit Over Pumped-Up Stock Prices
• Primary Global Sales Exec Gets 2.5 Years Over Stock Tips
• French Doctor Gets Time Served For Insider Trading
• Rambus Reaches $11M Truce In Stock Options Suit
• Vitro Ordered To Pay Bondholders Interest On $1B Debt
• Audit Watchdog Identifies More Errors At Deloitte
• Olympus Tokyo Offices Raided In Probe Of $2B Fraud
• A Proactive And Analytical Approach To Enforcement
• Fortress CEO Takes Leave To Battle SEC Suit
• Zell Sues Tribune Investors To Ensure Buyout Recoveries
• Morgan Stanley Securities Suit Heads Back To State Court
• SEC Settles With Player In $8.6M China Voice Ponzi
• Morton's Investor Says $117M Fertitta Deal Doesn't Cut It
• Gabon FCPA Execs Try To Kick Conspiracy Charge
• Vulcan Countersues Martin Marietta Over $5B Hostile Bid
• Israeli Investor Fraud Suit Can Go On: NY Top Court
• Judge Denies WaMu Bid To Nix $49M MBS Claim
• Only Noteholders Can Sue Over $24M CDO Sale: REIT Atty
• Investors Push 2nd Circ. To Revive Celestica Fraud Suit
• JPML Consolidates 44 Tribune Clawback Suits
• Dechert Snaps Up Covington & Burling Securities Co-Chair
• Cracker Barrel Fends Off Investor's Board Seat Bid For Now
• Ex-NFL Player Fronted Heart Device Co. Stock Scam: SEC
• CFTC Finalizes 2 Reporting Rules For Swaps Market
• Aon To Fork Over $16M In Deal Ending FCPA Case
• Lyondell Trustee Goes After Smaller Shareholders
• NY Court Nixes Martin Act Defense In $533M JPMorgan Suit
• Akamai, Deutsche Bank Settle $217M Suit Over ARS
• In The Aftermath Of MF Global
• Alternate Energy Can't Shake Inflated Stock Action
• Judge Trims J&J Investor Suit Over Kids' Meds Recalls
• US To Pay Meritor Shareholders $276M After 19-Year Fight
• London Judge Nixes Synergy's Claim To $99M RGI Option
• 2nd Circ. Revives Goldman Pay Disclosure Suit
• Tyco Asks 2nd Circ. To Reopen Suit Against Ex-Chief
• NY AG, FHFA Inspector To Share Info In Mortgage Probe
• Hedge Fund Gets Drier Trustee's $137M Suit Pared
• Judge Questions $629M Credit Union Suit Over MBS
• Investors In $100M Paper Mill Project Close Book On Suit
• Ex-Railway Exec Settles SEC's Insider Trading Case
• UK Vows Bank Structure Reforms By 2015
• Ex-Madoff Controller Pleads Guilty To Falsifying Books
• Clay Capital Exec Cops To $4M Insider Trading Scheme
• McGladrey & Pullen Settles Hedge Fund Ponzi Suit
• House To Hold Hearing On SEC Settlement Practices
• In The Crosshairs: Key Mortgage REITs Exemption
• Amaranth, Investors Settle Futures Price Suit For $77M
• SEC Settles With Real-Life 'Rudy' Over $11M Stock Scheme
• Comcast CEO Fined Over HSR Notification Violations
• American Superconductor Can't Dodge Investor Suit
• Matrixx V. Siracusano: Supreme Court Gets Statistical
• Traders Sue Enviro Futures Exchange Founder For Fraud
• Lawmaker Asks SEC To Examine Chinese Solar Shell Cos.
• SEC Takes FTN Broker To Court Over Sentinel Fraud
• Fund's Madoff-Related Claims Against HSBC Get The Ax
• Colo. Agency, Raymond James Reach $25M Deal On ARS
• SEC Sanction Barring Attorney Affirmed By DC Circ.
• Ex-Prudential Broker Beats Market Timing Fraud Claims
• Ex-Fannie, Freddie Execs Look To Disclosures For Defense
• Corzine Denies Knowing Of Improper MF Global Transfer
• Madoff Controller To Plead Guilty: US Atty
• Norex Suit Over Oil Co. Takeover Too Late: Attys
• Heller Ehrman Puts Client's $7M Malpractice Claim To Rest
• New Century Fund Manager Pleads Guilty To $5M Scheme
• Zurich Pays $7.6M In Adams' Investor Action Coverage Row
• DOL Can Back McGraw-Hill ERISA Appeal: 2nd Circ.
• Father-Son Duo Choreographed $200M Ponzi Scheme: SEC
• Enhanced SEC Oversight Cheaper Than New SRO: Study
• Mortage Market Reform Bill Passes House Subcommittee
• Stanford Found Competent To Face Trial: Prosecutors
• CFTC Wants $5.4M Penalty For Forex Scammer
• SEC To Appeal Rejection Of $285M Citigroup Deal
• Ex-Janney Supervisor Must Disgorge Ill-Gotten Gains
• Primary Global Sales Exec Deserves Up To 9 Years: US
• Shareholder Seige Of Imperial Holdings Continues
• BofA, Countrywide Dodge Nevada Mortgage Loans Suit
• UK Consultant Gets 2 Years For Insider Trading
• New And Improved Whistleblower Incentives
• Tweaking Tax On Foreign Investments In The US
• Key Witness' Testimony Partly Stricken In Gabon FCPA Case
• Dynegy, PSEG Units Reach Truce Over Plant Leases
• Snack Maker Diamond Reveals SEC Probe
• FINRA Fines Wells Fargo $2M Over Reverse Convertibles
• NewOak Zaps Laser Weapons Maker Over Stock Offering
• Syms Asks Examiner To Probe Management Misconduct
• NY Hedge Fund Manager To Pay For Fraud Charges
• DZ Bank Targets BofA, Ally Over $290M In MBS
• Wilson Sonsini Atty Cops To Tipping Trader In $37M Scheme
• Ponzi Investors' Cert. Bid Fails In Suit Against East West
• Madoff Investors Look To Sue Picower Associates In Fla.
• Bixby Energy Admits To Securities Fraud
• Gabon FCPA Judge Mulls Nixing Key Testimony
• MassMutual's Countrywide MBS Claims Swept Into MDL
• Accountant Gets 14 Months In Illarramendi Ponzi Case
• SEC Reform Must Come Before More Funding: GOP
• Goldman Strikes $10M Deal To Block Ponzi Scheme Suit
• J.Crew Gets Final Nod On $16M Deal Over PE-Led Buyout
• 2nd Circ. Affirms Oil Bribery Conviction of Handbag King
• IndyMac CEO Can't Dodge $600M FDIC Negligence Suit
• Chinese Cos. Faced More Investor Actions In 2011: Report
• Investors Want Breazeale Put Back In Housing Project Suit
• Widening The Class Certification Circuit Split
• Senate Committee Advances Insider Trading Bill
• MF Global Can Use Disputed JPMorgan Cash: Judge
• Olympus Recognizes $1B Loss To Avoid Stock Delisting
• Fox Rothschild Adds Securities Litigation Partner
• JPMorgan Gets MBS Class Action Pared
• JPMorgan's $214M Market-Timing Coverage Suit Shut Down
• Hedge Fund Manager Fined $1.3M Over Short Sales
• Defendant Must Stay In CDO Fraud Suit Against ICP: Judge
• Citigroup Reaches Tentative Deal In Subprime Suit
• SEC Settles With Ex-Ahold Exec Over Accounting Fraud
• Santander Ordered To Pay Up In BNY Rate Dispute
• Yahoo Should Release Letters Inviting Bids: Investor
• Corzine Was Told Of Commingled Funds: CME Head
• Blue Coat Investor Challenges $1B Thoma Bravo Deal
• Wall St. Struggles To Fend Off Fannie, Freddie Fraud Suits
• Execs Copped To Payment In Gabon FCPA Case: FBI Agent
• SecondMarket Bungled Facebook Share Sale: Atty
• SEC Sued Over Stanford Ponzi Scheme Oversight
• Cooper Settles With WG Trading Receiver For $12M
• Deutsche Boerse, NYSE Promise More Merger Concessions
• Int'l Bakeries Exec's Insurers Off Hook For $56M: 8th Circ.
• Watchdog Details Mistakes In Fannie, Freddie Oversight
• Credit Suisse Hit Up For $375M In Madoff Funds
• JPMorgan Denies Silver Manipulation Class Action Claims
• Rio Tinto May Boost Ivanhoe Stake After Arbitration Win
• Shoddy Accounting Put HCA Stock On Life Support: Suit
• SEC's Record-Setting Year: Behind The Stats
• Another Milestone For The AIFMD
• Morgan Stanley Forced To Face CDO Fraud Claims In NY
• Mayer Brown Nabs Ex-Venable Investment Expert
• WaMu's Shareholder Deal Paves Way For Ch. 11 Exit
• Morgan Stanley To Take $1B Loss In MBIA Settlement
• Ex-Siemens Execs Charged In $100M Argentine Bribe Plot
• FDIC Scores $64M Settlement From Ex-WaMu Execs
• MF Global SIPA Trustee Fights Conflicts Allegations
• Medtronic Investors Win Cert. In Off-Label Marketing Case
• London Stock Exchange Buys Remaining Half Of FTSE
• Bear Stearns Pushes To Kill Fraud Action In 2nd Circ.
• SEC Takes SIPC To Court Over Stanford Fraud Coverage
• $47M Ponzi Schemer Gets 10 Years, $34M Penalty
• Battle Over Timing of Volcker Rule Heads To SEC
• SEC Accuses Investment Adviser Of Lying About Stocks
• High Court Won't Hear ACCI Gambling Investment Appeal
• Key Gabon FCPA Witness' Testimony Could Be Scrapped
• Regulators Eye $10B Boerse-NYSE Euronext Deal Again
• SEC Targets Glaxo Unit Over Underpriced Stock Buybacks
• Supreme Court Scraps Madoff Victim Coverage Suit
• Targeting Adviser Compliance Deficiencies
• BNY Mellon Can't Quelch Class Action Over Lehman Losses
• Fake Kodak, AMR Offers Warrant 'Significant' Fine: SEC
• MGIC, Execs Ask 7th Circ. To Toss Fraud Suit
• Hospira Misled Investors To Pump Up Stock Prices: Suit
• JPMorgan Should Be Cut From Refco MDL: Special Master
• Morgan Stanley Loses Bid For TBA Claims In Lehman Case
• Bid-Rigging Trial Can't Wait For Dying Wife: Judge
• Williams & Connolly Loses Bid For SEC Docs In DC Circ.
• DOL Backs Rehearing Bid In McGraw-Hill ERISA Appeal
• NYC Bar Association Calls For FCPA Reassessment
• Mormon Church To Pay Back Donations Tied To Ponzi Scam
• 8th Circ. Affirms Ponzi Schemer's 50-Year Prison Term
• Japan Accuses Citi, UBS Of Market Trickery
• Day Traders Put Behind Bars For Insider Trading
• Southern Union Investors OK $9B Merger Amid Pall Of Suit
• Arcadia Petroleum Pushes To Kill CFTC Manipulation Claims
• HSBC Asks Court To Decide Row Over MF Global Gold Bars
• MF Global Trustee Reveals Suspicious Transfers
• Covington Lures MoFo M&A Partner To London Office
• Madoff Trustee Seeks $76M From 2 Swiss Banks
• SEC Actions Could Be Looming For HCP Head Falcone
• Notwithstanding Janus ...
• Countrywide Seeks Shelter Of German Law In MBS Suit
• Wal-Mart Launches FCPA Compliance Probe
• Money Managers Arrested Over $45M Ponzi Schemes
• Fund Manager Accused Of Fraud Out On $1M Bail
• Goldman Sachs Didn't Shortchange EToys IPO: NY Court
• WaMu, Bear Stearns Knew MBS Risks: Dutch Pension Firm
• Ex-Trader Cops To $37M Scheme With Wilson Sonsini Atty
• Red Flags Were Raised On Gabon Military Deal: Co-Worker
• Smith Micro Execs Hyped Software, Then Cashed Out: Suit
• BofA Wants Investor's Suit Over $1B In MBS Tossed
• Alleged Utah Fraudster Settles Ponzi Scheme Claims
• Ex-Nixon Peabody Partner Snared Over $20M Scheme
• Lawmakers Float Bill Barring Contracts With FCPA Violators
• Reinsurer Can't Meddle In Jadis Forfeiture: Magistrate
• Insurance Cos. Sue Tremont Over Madoff Losses
• I Never Intended To Break Rules At MF Global: Corzine
• Sen. Proposes Replacement For Battered Fannie, Freddie
• McGuireWoods Adds Financial Litigator From Mayer Brown
• Ex-Employee Hits TradingScreen With Retaliation Claims
• Ernst & Young To Review Olympus Audits Amid Scandal
• Galleon's Goffer Gives Up $1M In SEC's Insider Trading Suit
• House Dems Unveil Bill To Boost CFTC's Funding Stream
• Wachovia Settles Bond Bid-Rigging Claims For $148M
• Bracing For Volcker
• Cures For The Common Closing
• Judge Recused Over Mom's Shares Back On Bench
• Level 3 Officers Try To Snuff Out Shareholder Suit
• Yahoo Settles Interclick Investor Suits Over $270M Sale
• Holding Co. Principals Not Upholding Bargain: Cayman Fund
• LaBranche Investors Settle Over $192M Cowen Deal
• 2nd Circ. Nixes Norwegian Investors' Citigroup Fraud Suit
• Goldman Sachs Asks Judge To Toss Shareholder Suit
• Arbitration Group Backs Stanford Investors' 5th Circ. Bid
• MF Global Trustee Told To Disclose JPMorgan, PwC Ties
• Black Diamond Fraudster Seeks To Dodge Restitution
• Former Ahold Exec Gets 4 Years For Accounting Fraud
• Ex-BofA Workers Say Bank Mismanaged Retirement Fund
• Madoff Investors Lose Bid To Appeal $44M Trustee Fees
• Quinn Emanuel Stays Put In AIG's Battle With BofA
• US Floats Rule To Nix Ratings From Bank Capital Measures
• Chicago Co. Accused Of Bogus Futures Investment Training
• Merrill Unit Fined For Exceeding Cotton Futures Limits
• Ex-Marvell Technology Manager Cops To Insider Trading
• Primary Global Sales Exec Can't Shake Fraud Verdict
• How FINRA Encroaches On Attorney Work Product
• Ponzi Schemer Must Pay $18M, Serve 20 Years
• Pearson Target's Boss Tipped Cohorts On $294M Deal: SEC
• Morgan Stanley Strikes Back At CDO Fraud Claims
• Lawmaker Urges SEC To Sue SIPC For Stanford Victims
• 4th Circ. Affirms Ex-SEC Atty's Pump-And-Dump Sentence
• Foreign MF Global Units Want Changes To $2B Payout
• Investor Action Brings Cloud Computing Co. Down To Earth
• SEC Accuses DC Atty Of Prime Bank Fraud Scheme
• Republican Sens. Skewer CFTC Over MF Global Response
• MetLife Failed To Stop Broker's $20M Ponzi Scheme: Suit
• Olympus Panel Urges Legal Measures Against 'Rotten' Execs
• SEC Official Skeptical of Lawmaker Insider Trading Bill
• Redefining Loss Causation In Mutual Fund Cases
• TPG, Apax Sued For €268M Over Hellas Notes
• Tekelec Shareholders Sue To Halt $780M Sale To Siris
• Yahoo Investor Takes Aim At Board Over Bidding Rules
• Ex-Sentinel Exec Says SEC Is Lumping Him Into Fraud Suit
• Striker To Pay $65.5M In SEC Fraud Suit
• S&P Names 15 Eurozone Nations In Credit Watch List
• Lehman MDL Plaintiffs Settle With Underwriters For $417M
• MF Global Segregated Accounts Should Get Priority: Sapere
• Calif. High Court Disbars Ex-KB Homes CEO
• Under The Microscope: FINRA Rule 5123
• Ex-MF Global Managers Sue Corzine, Directors
• SEC Again Delays Move To Global Accounting Standards
• Rajaratnam Begins 11-Year Term At Mass. Prison
• SEC Probes Miami, County Over Marlins' Stadium Deal
• Madoff Feeder Fund Sues Ernst & Young For $900M
• HSBC Fined Record $16M For Bilking Elderly Clients
• Wal-Mart, Merrill Shell Out $13.5M To End ERISA Action
• Broadening Enforcement Of Exec Compensation Clawbacks
• CFTC Adopts 1st Post-MF Global Rule
• High Court Won't Consider Countrywide SLUSA Appeal
• Chamber Asks High Court To Nix Fraud Suit Against Deloitte
• Stanford Can't Escape SEC's Fraud Suit
• Citing Merck, 9th Circ. Revives Alchemix Securities Suit
• Ill. Court Nixes $11M Fraud Verdict Against Ex-NYSE Head
• MF Global Client Says $50M Account Disappeared
• Prosecutors Bungled Bid-Rigging Probe Of GE Execs: Attys
• Investor Bests Clawback Suit Over $4M Refco Payment
• Judge OKs Ex-Boeing Worker's False Claims Dismissal
• Class Cert. Denied In Suit Over Ariz. Town's Bond Losses
• Taylor Bean Trustee Targets AIG, Others Over Payments
• CFTC Moves Ahead On Exemptions From Dodd-Frank
• More Rajaratnam Cronies May Be Charged: Prosecutors
• Wall Street Groups Sue CFTC Over Position Limit Rule
• An Annual Review For Private Fund Managers
• Wells Fargo Settles Wachovia Securities Suits For $75M
• Upsides Of The Largest Muni Bankruptcy In US History
• House Panel Votes To Subpoena Corzine Over MF Global
• Comverse Targets Merrill Lynch Over $46M In ARS
• Stanford Examiner Backs Investor Actions In 5th Circ.
• Congressional Insider Trading Cases No Slam Dunk: SEC
• Madoff Trustee Cleared To Appeal JPMorgan Suit Dismissal
• UK Hedge Fund Manager Charged In Stock Fraud Case
• DOJ Went 'Badly Awry' In Lindsey FCPA Case: Judge
• Investor Accuses Titanium Metals Chief Of Self-Dealing
• 13 Charged In Microcap Kickbacks Scheme
• 2 More Rothstein Pals Charged With Aiding Fraud
• Judge OKs $89M Del Monte, Barclays Investor Settlement
• Regulators Float New Rules After MF Global Meltdown
• House Bill Would Open Door To Private FCPA Suits
• Big House Awaits Rajaratnam After 2nd Circ. Denies Bail
• News Corp. Ducks Docs Suit Over $670M Shine Group Deal
• Ladish Investor Slams Wis. Rule Defense In 7th Circ.
• Enron: 10 Years Later
• Lloyds Investors Sue Over Shady Bank Acquisition
• Green Mountain Coffee Faces Investor Action Over Losses
• Ad Co. Dodges Investor Action Over Chinese Profit Claims