1377 ABA Journal Securities Law articles.
The Securities and Exchange Commission has filed civil fraud charges claiming the former general counsel of a California-based software maker participated in stock-options backdating.
The SEC claims former general counsel…
Jun 1, 2007 12:41 PM CDT
Securities class-action lawyer William S. Lerach has been telling clients that he will be leaving his San Diego law firm.
Lerach has sued high-profile companies such as AOL, Enron and…
May 31, 2007 6:04 PM CDT
A federal judge has approved a $30 million settlement of a class action lawsuit brought by shareholders of Martha Stewart Living Omnimedia.
Martha Stewart will personally pay $5 million of…
May 31, 2007 5:45 PM CDT
Barclays Bank PLC has agreed to pay $10.9 million to settle allegations of insider trading.
The deal settles an investigation into trading based on information gleaned from bankruptcy creditor committees,…
May 31, 2007 5:29 PM CDT
Brocade Communications Systems Inc. will pay $7 million to settle backdating allegations made by the Securities and Exchange Commission.
Bloomberg News quotes anonymous sources as saying SEC…
May 31, 2007 5:12 PM CDT
A lawyer with securities class-action firm Milberg Weiss & Bershad is negotiating a plea deal with the government, the Wall Street Journal reports (sub. req.).
If…
May 31, 2007 4:52 PM CDT
A California appeals court is permitting Overstock.com’s libel suit against a financial analysis company to go forward.
Overstock.com had claimed Gradient Analytics conspired with a hedge fund to publish negative…
May 31, 2007 1:07 PM CDT
An investment banker from Pakistan has been indicted in an insider trading scheme that allegedly earned him $7.5 million in illegal profits.
Ajaz Rahim of Faysal Bank Limited was indicted…
May 30, 2007 4:08 PM CDT
Brocade Communications Systems has dropped Wilson Sonsini Goodrich & Rosati as its defense counsel in an options backdating suit, after a federal judge said the firm had an apparent conflict…
May 30, 2007 12:59 PM CDT
The Securities and Exchange Commission is under pressure to support investors in a Supreme Court case that asks whether third-parties may be held directly liable for helping boost a failing…
May 29, 2007 3:00 PM CDT
The former CEO of Qwest Communications contends the company should continue to pay legal fees related to insider trading charges.
Joseph Nacchio, convicted of insider trading last month, claims the…
May 29, 2007 12:16 PM CDT
Two former stock analysts were charged with insider trading yesterday in a second case that claims a professional couple traded confidential information.
Charged were Xujia “Jennifer” Wang of Morgan Stanley…
May 11, 2007 3:15 PM CDT
A Brooklyn jury has acquitted seven people of securities fraud in a case that alleged stock brokers at three firms allowed day traders to listen to confidential trading information broadcast…
May 11, 2007 2:14 PM CDT
A San Francisco jury has convicted the former chief financial officer of McAfee Inc. of securities fraud for inflating accounting figures.
The lawyer for Prabhat Goyal called the verdict an…
May 11, 2007 12:39 PM CDT
Two lawyers who are husband and wife pleaded guilty today to conspiracy and securities fraud in an insider trading case.
Randi Collotta cried as she read a statement admitting her…
May 10, 2007 7:27 PM CDT
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