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Judge rejects fraud claims by SEC against investing firm
A federal judge has rejected charges by the U.S. Securities and Exchange Commission in Atlanta that a Tennessee investment company defrauded 350 investors of more than $20 million. In a 111-page order, U.S. District Senior Judge Marvin H. Shoob determined that Merchant Capital-a capital investment firm based in Brentwood, Tenn.Cox's sales beg query: Is AJC next
With the newspaper industry circling the drain and Cox Enterprises Inc. having placed "For Sale" signs on most of its 43 newspapers, might the Atlanta Journal-Constitution soon be owned by someone other than the Cox familyAn additional factor is the generational change under way in the Cox family that controls the AJC.Federal Judge Rejects 11th Circuit's Urging That Investment Company Be Punished
A senior judge on the U.S. District Court for the Northern District of Georgia has again dismissed a fraud case against an investment company, despite a strong suggestion from a federal appeals court that the company did wrong and deserved to be punished. Last year, an 11th Circuit panel reversed key parts of a 2005 decision by Judge Marvin Shoob, who had ruled that the SEC was wrong to close down Merchant Capital LLC of Tennessee, which the SEC claimed had defrauded investors of more than $20 million.
Tax Liens Sold On Homeless Shelter Property
The company that wants to evict a homeless shelter from Midtown is scrambling to prevent private tax-lien buyers from swooping in and foreclosing on the property before a trial next month resolves whether the company properly owns the deed.In The Trenches: Fisher & Phillips immigration team migrates to Littler
Immigration expertise is in hot demand at the nation's big labor and employment firms. Seven months after launching a global immigration practice, Fisher Phillips has lost four immigration attorneys plus three paralegals and a secretary to Littler Mendelson.Littler recruited as shareholders the head of Fisher Phillips' immigration practice, David C.In The Trenches: Goodman McGuffey picks up six lawyers
The Churn: Lateral Moves and Promotions in The Am Law 200
An SEC lawyer heads back to Wilmer Cutler Pickering Hale and Dorr; Bracewell & Giuliani bolsters its London office; and Dickstein Shapiro loses two longtime partners.The Churn is constant. Please send all announcements to [email protected].After 2 months, Kent Alexander resigns as Allscripts GC
Kent B. Alexander has resigned from a position as general counsel and executive vice president of Allscripts, a medical software company based in Chicago, just two months after resigning as Emory University's general counsel and senior vice president to take the job. Alexander said his last day at Allscripts was Friday.Trending Stories
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