November 05, 2010 | Law.com
N.Y. Jury Sides With Citigroup in EMI DisputeJurors deliberated only four hours before concluding Thursday that Citigroup did not trick a British private equity firm into buying music company EMI in 2007 at an inflated price.
By Larry Neumeister
3 minute read
August 16, 2007 | Law.com
ACLU: Patriot Act, Free Speech ClashCongress does not have the power to demand silence from people forced to turn over electronic communications such as Internet records used to investigate terrorism, an American Civil Liberties Union lawyer argued Wednesday.
By Larry Neumeister
3 minute read
October 16, 2007 | Law.com
Nortel Settles SEC Suit for $35M, Agrees to Improve SafeguardsNortel and its principal subsidiary, Nortel Networks Limited, will pay $35 million to settle civil fraud charges with the SEC, the company and the SEC said Monday. The telecom equipment maker also agreed to provide the SEC with quarterly written reports detailing its progress in implementing a remediation plan and actions to address weaknesses in its internal controls. The SEC alleged that Nortel and its subsidiary committed revenue and earnings management fraud.
By Larry Neumeister
4 minute read
December 14, 2000 | Law.com
Weary Lawyers Put Presidential Work AsideThe apparent end of Al Gore's legal fight in Florida had weary lawyers hunting for new business, proud of the historic role they played in the presidential campaign. For weeks, they've pulled all-nighters, eating on the run and rushing from courthouse to courthouse. "The judicial system has done itself proud," said one Gore attorney.
By Larry Neumeister
4 minute read
October 07, 2009 | Legaltech News
Google Expects to Settle as DOJ Looks OnLawyers on both sides are poised to continue their court battle over Google's effort to get digital rights to millions of out-of-print books. But now the Department of Justice will be a party to the negotiations as both parties appear confident that an agreement will ensue by Nov. 9.
By Larry Neumeister
3 minute read
July 17, 2007 | The Legal Intelligencer
Art owner alleges Warhol estate conspiracy to control art marketThe owner of a silkscreen self-portrait of Andy Warhol is suing the late artist's estate, saying it conspired for 20 years to control the market for Warhol's work with authority to stamp "DENIED" on any work it claimed was fake.
By Larry Neumeister
2 minute read
August 09, 2010 | Law.com
Lawyer: Finance Firms' Suit Against Website Is Not Free-Speech AttackA ruling forcing a website to delay releasing the research findings of financial firms does not attack free speech and would not lead to widespread media attacks, a lawyer for financial companies that sued theflyonthewall.com told a panel of judges from the 2nd U.S. Circuit Court of Appeals Friday. Attorney Bruce Rich noted that several financial services firms sued the website because the company made a business of widely releasing their expensive-to-produce research findings before their clients could act on the information, diminishing the value of the research.
By Larry Neumeister
4 minute read
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