Corporate & Securities Law Community

Title	Views
1	Dodd-Frank Law Sets New Rules for Compensation Consultants, Counsel and Other Advisers	10046
2	D & J Tire Inc. v. Hercules Tire & Rubber Co, 2010 U.S. App. LEXIS 4156 (5th Cir. February 26, 2010)	5707
3	Breiwick v. Medtronic, 2010 U.S. Dist. LEXIS 24748 (D. Minn. March 17, 2010	5252

Title	Downl.
1	The Dodd-Frank Act, Commentary and Insights by Skadden, Arps, Slate, Meagher & Flom LLP & Associates--Chapter1: Orderly Liquidation Authority	24
2	The Dodd-Frank Act, Commentary and Insights by Skadden, Arps, Slate, Meagher & Flom LLP & Associates--Chapter1: Orderly Liquidation Authority	9

E*TRADE Announces $79M Settlement of Subprime Claims in Securities Suit

NEW YORK - (Mealey's) E*TRADE Financial Corp. has agreed to a $79 million settlement with investors to settle claims that it misrepresented the risk associated with its investment in subprime mortgage-backed securities in violation of federal securities

Published Mon, Jan 2 2012 8:36 AM by Corporate & Securities Law Community Staff

Former BLMIS Controller Pleads Guilty to Role in Massive Ponzi Scheme

NEW YORK - (Mealey's) The former controller of Bernard L. Madoff Investment Securities LLC (BLMIS) has pleaded guilty to criminal counts and agreed to cooperate with the U.S. government in its ongoing investigation into the fraud committed at BLMIS, according

Published Mon, Jan 2 2012 8:19 AM by Corporate & Securities Law Community Staff

Wachovia Agrees to Pay $148M To Settle Bid-Rigging Claims

WASHINGTON, D.C. - (Mealey's) Wachovia Bank N.A. has agreed to pay $148 million to settle claims with a number of state and federal government agencies that alleged that Wachovia fraudulently engaged in "secret arrangements with bidding agents to improperly

Published Fri, Dec 9 2011 7:12 AM by Corporate & Securities Law Community Staff

$507M In Settlements Reached With Lehman Officers, Directors, Underwriters

NEW YORK - In a motion made available on Dec. 5, lead plaintiffs in a securities class action lawsuit against Lehman Brothers Holdings Inc., certain of its formers officers and directors and others asked a federal judge in New York to approve two settlements

Published Wed, Dec 7 2011 9:12 AM by Corporate & Securities Law Community Staff

High Court Will Not Hear Mortgage-Backed Securities Ruling Appeal

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Dec. 5 denied review of a California state appellate court's ruling that a shareholder is not preempted from bringing his federal securities law claims under the Securities Act of 1933 against Countrywide

Published Wed, Dec 7 2011 7:39 AM by Corporate & Securities Law Community Staff

High Court Hears Oral Argument In Shareholder Derivative Suits Appeal

WASHINGTON, D.C. -(Mealey's) The U.S. Supreme Court heard oral arguments Nov. 29 in a shareholder derivative suit appeal seeking a determination of whether the two-year statute of limitations for bringing an action under Section 16(b) of the Securities

Published Mon, Dec 5 2011 8:17 AM by Corporate & Securities Law Community Staff

Federal Judge Rejects $285M Settlement Between SEC, Citigroup Global Markets

NEW YORK - (Mealey's) Ruling that a $285 million settlement between the Securities and Exchange Commission and Citigroup Global Markets fails to show how the settlement is in the public's interest, a federal judge in New York Monday Nov. 28 rejected the

Published Fri, Dec 2 2011 11:20 AM by Corporate & Securities Law Community Staff

Former Galleon Chief Ordered to Pay SEC Record $92.8M Penalty

NEW YORK - (Mealey's) A federal judge in New York on Tuesday, November 8, ordered former Galleon Management Co. General Partner Raj Rajaratnam to pay a nearly $93 million civil penalty to the Securities and Exchange Commission for his role in a massive

Published Wed, Nov 9 2011 11:15 AM by Timothy Raub

Judge Approves $410M Settlement in Checking Account Overdraft MDL

MIAMI - (Mealey's) A federal judge in Florida who is overseeing a multidistrict litigation against a number of financial institutions for allegedly engaging in an illegal scheme to resequence checking account transactions in an effort to maximize returns

Published Wed, Nov 9 2011 7:56 AM by Timothy Raub

Citigroup to Pay $285M to Settle SEC Claims Regarding CDO

WASHINGTON, D.C. - (Mealey's) Citigroup Global Markets Inc. has agreed to pay $285 million to settle claims that it misled investors about a collateralized debt obligation (CDO) "that was tied to the U.S. housing market in which Citigroup bet against

Published Wed, Oct 19 2011 3:59 PM by Timothy Raub

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Link, Like, Love Lexis®! We're always looking for feedback from our community members. For instance: What do you like most about us? Think we need to do something different? Or do you like us just the way we are? Whatever the case may be...we want to

Published Mon, Sep 26 2011 2:40 PM by LexisNexis Community Staff

Technical Glitches in CFPB’s Complaint System Prevent Customer Complaints From Being Heard

by Troutman Sanders CFPB Team The Consumer Financial Protection Bureau (CPFB)'s complaint system , which launched on July 21, 2011 and was designed to help consumers resolve disputes with credit card issuers, is off to a rocky start. A Bloomberg news

Published Fri, Sep 9 2011 12:22 PM by Troutman Sanders

Commission Continues to Waste Resources Issuing Opinions Barring Convicted Felons

Eric S. Butler , Exchange Act Rel. 65204, August 26, 2011 Butler was convicted of conspiracy to commit wire and securities fraud. His convictions for were overturned on appeal. The Commission barred him from association with any broker, dealer, or investment

Published Fri, Sep 2 2011 11:56 AM by Robert Fusfeld

Financial Adviser Sentenced to Prison for Securities Fraud

A former Smith Barney financial adviser, Sanjeev Jayant Kumar Shah, was sentenced to serve thirty-eight months in prison for securities fraud in connection with the handling of two client accounts. Mr. Shah pleaded guilty to one count of securities fraud

Published Fri, Aug 26 2011 8:57 AM by Thomas O. Gorman

Motions for Reconsideration Rejected in FINRA Sanctions and Exchange Act Registration Cases

Kent D. Sweat and Intermountain Financial Securities, Inc. , Exchange Act Rel. 34-65117 (August 11, 2011) Cobalis Corp. , Exchange Act Rel. 34-65118 (August 12, 2011) Sweat's appeal of FINRA sanctions was dismissed for failure to timely file his brief

Published Mon, Aug 15 2011 11:53 AM by Robert Fusfeld