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Ashley Post

Ashley Post

September 20, 2011 | Inside Counsel

UBS shareholders may not file securities fraud lawsuits

Last week, UBS announced that a rogue trader caused it to lose more than $2 billion from unauthorized trades. Today, Reuters reports that UBS shareholders have yet to file any class action lawsuits against the Swiss bank.

By Ashley Post

2 minute read

September 19, 2011 | Inside Counsel

National E-Verify legislation facing opposition

Last week, the House Judiciary Committee met to consider legislation that would mandate that all U.S. companies use the federal E-Verify program, which requires employers to use an electronic database to confirm that their employees are legal workers.

By Ashley Post

1 minute read

September 16, 2011 | Inside Counsel

Government investigates loans to bankrupt solar firm

Solar-panel maker Solyndra Inc. could have been described as the poster child of the Obama administrations push for clean energy development.

By Ashley Post

1 minute read

September 15, 2011 | Inside Counsel

Rogue UBS trader causes $2 billion loss

This morning, Switzerland-based UBS announced that a rogue trader caused it to lose more than $2 billion from unauthorized trades. As a result, the bank may report a loss for the entire third quarter.

By Ashley Post

1 minute read

September 14, 2011 | Inside Counsel

Former NFL players sue players union

Although the NFL's lockout officially ended in July when the owners and players agreed to a new collective bargaining agreement, the league cant seem to escape litigation.

By Ashley Post

1 minute read

September 13, 2011 | Inside Counsel

BNY Mellon to fight overcharging, negligence claims

In his first public appearance as the new chairman and CEO of Bank of New York Mellon Corp., Gerald Hassell defended his banks reputation at the Barclays financial conference in New York yesterday.

By Ashley Post

3 minute read

September 12, 2011 | Inside Counsel

Rajaratnam asks for shorter prison sentence

Galleon Group co-founder Raj Rajaratnam is asking a judge to shorten the governments proposed prison sentence for his involvement in a massive insider trading case.

By Ashley Post

3 minute read

September 09, 2011 | Inside Counsel

Senate passes patent-reform bill

Yesterday, the Senate voted 89-9 to pass legislation that will dramatically change the U.S. patent system. President Obama is expected to sign it into law.

By Ashley Post

2 minute read

September 08, 2011 | Inside Counsel

Toyota and plaintiffs’ lawyers battle over discovery limits

The litigation following Toyotas massive vehicle recalls has been a bumpy road. Now, plaintiffs' lawyers representing Toyota vehicle owners who filed unintended-acceleration claims are attempting to steer the Japanese carmakers discovery plan in another direction.

By Ashley Post

2 minute read

September 07, 2011 | Inside Counsel

Senate moves forward with patent-reform bill

Last night, the Senate voted 93-5 to end its debate on the motion to proceed with the America Invents Act, commonly referred to as the patent-reform bill.

By Ashley Post

2 minute read