ABA Journal

Securities Law

1371 ABA Journal Securities Law articles.

Scammers Combine Stock, Computer Crimes

A fraud that targets computer users at hotels and Internet cafes has netted scammers tens of millions of dollars, according to FBI officials.

The scammers use keystroke logging programs on…

Judge’s Comment Helps Milberg Weiss Defense

A dismissal motion filed last week by a former partner with Milberg Weiss & Bershad picks up on concerns raised by a trial judge.

Steven Schulman argues for dismissal of…

KPMG Germany Rapped in Siemens Probe

A New York law firm overseeing a probe into corruption at Siemens AG says its auditor didn’t do enough to alert the board to suspicious activity.

Debevoise & Plimpton has…

Dutch Ruling Favors Shareholder Rights

A Dutch court has halted the sale of LaSalle Bank by ABN Amro Holding NV until shareholders can vote on it.

The ruling benefits a banking consortium seeking to make…

SEC Ignores Lawyers’ Role in Some Cases

A legal opinion that a newly issued stock can be traded right away may be an essential part of “pump and dump” fraud, in which scam artists sell stock in…

Banker Accused of Insider Trading

A junior investment banker has been charged with leaking inside information about investment deals before they were announced.

Hafiz Muhammad Zubair Naseem, who works at Credit Suisse in Manhattan, was…

Attorney Convicted in Stock Price Scheme

An Atlanta attorney has been found guilty of securities fraud.

Attorney Ulysses Thomas Ware was accused of issuing press releases to increase the price of stock before selling it at…

Stock Tip: Check Status of Exchange

Publicly traded Nasdaq may be liable for fraud, appeals court says

Enron Case Tests Bank Liability

The U.S. Supreme Court is being asked to expand aiding and abetting liability for banks.

Ben Stein argues in a New York Times column that the…

Seven-Year Contempt Confinement Ends

After spending seven years in jail for contempt of court, investment adviser Martin Armstrong is free to begin serving a five-year sentence for conspiracy to commit securities, mail and wire…

Penalty for Foreign Bribe is Largest

An oil company has agreed to pay $44 million in combined fines and penalties for bribing foreign officials, the largest penalty to date, the Justice Department has announced.

Baker Hughes…

The Case of the Disappearing CEO

The federal government hasn’t collected a $22.3 million judgment against the former CEO of Gemstar-TV Guide International Inc.—and doesn’t know where he is, according to a Apr 25, 2007 3:12 PM CDT

Surprise Statement, Gutsy Defense in Apple Case

The Wall Street Journal (sub. req.) reports that a public statement by Apple’s former CFO could complicate matters for Apple CEO Steve Jobs.

Fred Anderson says…

SEC Sues Past Apple GC; Was She Singled Out?

As previously predicted, the U.S. Securities and Exchange Commission sued former Apple Inc. general counsel Nancy Heinen today, claiming that she participated in a scheme to backdate stock options grants…

Ignoring Wife Costs Husband of Amgen VP

Prosecutors say a vice president at drugmaker Amgen Inc. told her husband about favorable results from a clinical trial of a cancer drug, but warned him not to trade on…

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