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Adrian Sainz

Adrian Sainz

April 20, 2007 | Daily Report Online

Lawyers awarded nearly $23 million for alleged Motorola misdeeds

FORT LAUDERDALE, Fla. AP - A judge Thursday ordered Motorola Inc. to pay $22.9 million in attorneys fees and costs to lawyers for a now-defunct technology company, months after a trade secrets lawsuit ended in a hung jury.Circuit Judge Leroy Moe ruled that the law firm headed by famed attorney Willie Gary was due money based on Motorola's alleged poor conduct during the trial against SPS Technologies Corp.

By Adrian Sainz

3 minute read

January 15, 2010 | Daily Report Online

New unit investigates unfair lending to minorities

By ADRIAN SAINZ

2 minute read

March 24, 2009 | Daily Report Online

South again sees drops in home sales, prices

By ADRIAN SAINZ

6 minute read

August 14, 2007 | Daily Report Online

Accounting firm BDO Seidman ordered to pay $170 million compensation

MIAMI AP - Accounting firm BDO Seidman must pay $170 million in compensation and provide punitive damages for its negligence in failing to reveal massive fraud in a financial services company backed by a Portuguese bank, a jury decided Monday.Six jurors deliberated only an hour to lay financial blame on BDO Seidman and find that the bank, Banco Espirito Santo, was not negligent in allowing the fraud to take place.

By Adrian Sainz

4 minute read

November 25, 2008 | Daily Report Online

Home sales, prices down again in South

MIAMI AP - Existing home sales in Southern states fell more than 10 percent in October compared to the same month a year ago, while the median sales price dropped nearly 6 percent to $161,000, the National Association of Realtors reported Monday.The slower sales pace in the South is likely the result of reticence on the part of potential homebuyers who are watching the roiled stock market and slowing economy.

By ADRIAN SAINZ

6 minute read

April 19, 2013 | Daily Report Online

Family says accused ricin mailer is mentally ill

The stories from family and acquaintances of a Mississippi man charged with sending ricin-laced letters to the president and other officials describe a caring father and enthusiastic musician who struggled with mental illness and pursued a conspiracy theory to its farthest reaches.

By Adrian Sainz and Holbrook Mohr

7 minute read

August 15, 2007 | Daily Report Online

Jury: Firm must pay $521 million in damages over bad audits

MIAMI AP - A jury Tuesday ordered BDO Seidman, the nation's No. 5 accounting firm, to pay more than $351 million in punitive damages in a negligence case, bringing BDO's potential liability in the case to roughly $521 million, an amount the CEO said threatens its operations.The jury had found BDO negligent for failing to find massive fraud in its audits of a financial services company backed by a Portuguese bank.

By Adrian Sainz

4 minute read

July 15, 2008 | Daily Report Online

Fed issues rules to stop abusive lending practices

MIAMI AP - The Federal Reserve signed off Monday on a long-anticipated plan to end the abusive lending practices that victimized many borrowers in the now-collapsed subprime market.The rules, however, will only cover new loans, not existing ones, so they will have little effect on the rising tide of mortgage delinquencies and foreclosures across the country.

By ADRIAN SAINZ

4 minute read

March 28, 2008 | Daily Report Online

Agent drums up business with foreclosure bus tours

The white bus rumbles into the quiet suburban neighborhood, heading toward a foreclosed home that sits empty. Neighbors, young and old, cock their heads in curiosity or point at the slow-moving coach.Once the vehicle stops, about 20 potential buyers file out and become detectives, opening and closing cabinets and drawers, knocking on walls and asking about the price, the previous owners and what repairs may be needed.

By ADRIAN SAINZ

7 minute read


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