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SEC Settles With Insurer That Targeted U.S. Military Members
The SEC and a group of Texas regulators on Thursday announced $70 million in settlements with Texas insurer American-Amicable Life Insurance Co. for allegedly targeting American military personnel with a deceptive sales program about an investment fund. Since 2000, about 57,000 military service members who were allegedly promised they'd become millionaires invested in the fund, but most earned little or nothing. American-Amicable neither acknowledged nor denied the SEC allegations.Five Questions: Levine, Blaszak, Block & Boothby
Levine, Blaszak, Block & Boothby is a 16-lawyer boutique specializing in the representation of large users of telecom and network-related services. LB3 was founded 10 years ago in the District by three lawyers from the D.C. office of Morrison & Foerster Henry Levine, Ellen Block, and Debra Lagapa (since retired). They were soon joined by Colleen Boothby and James Blaszak.Supreme Court Justices Agreed Often This Term
Despite serious disagreements on health care's core constitutional issues, the justices found a remarkable amount of common ground on issues ranging from searches to indecency to religious freedom.View more book results for the query "*"
Productivity at Citigroup rises less than 1 percent
Citigroup generated about $206,000 of revenue for each employee through the first nine months of the year, down 7.5 percent from the same period in 2011, while rivals including Wells Fargo & Co. posted increases.Ex-Professor Enjoined From Sending E-Mail Using Likenesses of Colleagues
A former professor at the University of Evansville was properly enjoined from setting up e-mail addresses and Web sites that gave the false impression they belonged to colleagues, an Indiana appeals court held. William M. Felsher published a Web site alleging wrongdoing by UE President James S. Vinson and other UE employees that appeared as if the allegations were made by a vice president and dean of the university.$100M Suit Claims Ex-Firm Leader Peddled Phony Investments in Sex Scandal Case
A lawsuit that seeks more than $100 million in damages alleges that ousted Florida law firm leader Scott Rothstein solicited investors for an alleged Ponzi scheme by piggybacking on actual lawsuits, including a tawdry case his firm was handling that involved a billionaire accused of engaging in sexual activities with underage girls. The investor lawsuit also contends TD Bank served as the "critical linchpin legitimizing" a fraud and knew the law firm was moving hundreds of millions of dollars through its accounts.Trending Stories
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