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Bar Task Force Studies Insurance Disclosure Rule
Should Texas lawyers be required to disclose whether they carry legal malpractice insurance? A 10-member task force appointed by State Bar of Texas president Gib Walton will try to answer that question over the next several months as it studies the controversial issue.Court Loosens Standing Under Prop 64
Ruling 4-3, the state Supreme Court said a class action over tobacco ads can go forward so long as the class representatives, if not all class members, have standing.Iowa Lawyer's Fight for Gay Marriage
Dorsey & Whitney's Dennis Johnson had never handled a pro bono lawsuit until Varnuum v. Brien came along.Apple Filings Back Jobs, Blame Others
Apple Computer appears to be placing the blame for stock options backdating squarely on former GC Nancy Heinen and ex-CFO Fred Anderson, according to the company's public filings Friday. The filings reaffirmed the company's complete support of CEO Steve Jobs. Yet at the same time, they stated that Jobs not only knew about backdated option grants, but in some cases "recommended" the practice. The company also disclosed that thousands more grants were backdated than previously acknowledged.SEC Charges Broadcom GC, Other Executives
An internal investigation into stock-option backdating at Broadcom held three executives responsible and gave a pass to general counsel David Dull and co-founder Henry Samueli. But the SEC didn't see it that way. On Wednesday, the SEC charged Dull and Samueli, along with former CEO Henry Nicholas and former CFO William Ruehle, for an alleged scheme that led to a $2.2 billion restatement last year. The clash between the investigations stands out in the crowd of backdating cases where the two normally match.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
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