A federal judge in New Jersey has approved $9.5 million in attorney fees in an investor suit against Schering-Plough Corp. even though no money damages were awarded.
A renowned trial lawyer running unopposed to serve as the president of the New York City Bar Association is being targeted for criticism because of her reluctance to discuss her…
Bank of America Corp.’s newly announced deal to buy Countrywide Financial Corp. likely could cost considerably more than the $4 billion purchase price.
A lawyer at a well-known British firm says a wave of lawsuits being filed over subprime mortgage issues could eventually exceed the scope of the litigation over the infamous Enron…
The former general counsel of semiconductor maker Amkor Technology Inc. faces up to five years in prison when he is sentenced Jan. 28 for insider trading.
Updated:: The SEC filed civil and criminal cases today against a partner at Mayer Brown, accusing him of helping one of the world’s biggest commodities brokerages hide from investors information…
UnitedHealth Group lawyers wants to know if a lawsuit against the company could result in legal fees for William Lerach, the securities class action lawyer who has pleaded guilty to…
Despite a renewed emphasis on corporate compliance in recent years and a high-profile crackdown on executives who don’t play by the rules, such prosecutions may be sending a mixed message…
A “surprising” addition to the securities class-action bar is Duane Morris, a firm known more for its strong insurance practice than plaintiffs litigation, American Lawyer reports.
A federal judge has recommended a sentence of 15 to 21 months in prison for former Brocade Communications CEO Gregory Reyes, convicted of fraud for stock options backdating.
A year-and-a-half after Chitwood Harley Harnes settled claims against four former lawyers who set up a rival securities litigation shop at a new Atlanta office of Motley Rice, the Chitwood…
Two former executives of UnitedHealth Group Inc.—the CEO and general counsel—have agreed to give back stock options gains, unexercised options and retirement pay to resolve stock-options backdating claims by the…
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