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Record Number of Finishers in 2012 Bar Association 5K
The 33rd annual Philadelphia Bar Association Run was held on May 20, and almost 1,300 participants finished the 5K course.New ABA President Says Lawyers Should 'Stick to Their Knitting'
When A.P. Carlton, the incoming president of the American Bar Association, says with a contented smile, "It's a great time to be an American lawyer," he can almost make you believe it.Innocence Project Aims to Set Right Wrongful Convictions
Since 1992, over 500 wrongly convicted people have walked out of prison, fully exonerated for crimes they did not commit. Every one of those people was represented by an attorney, most likely affiliated with a dedicated innocence project.Richards Layton Ex-Employee Is Charged With Securities Fraud
Federal prosecutors have indicted Jeffery J. Temple, a former information systems and security manager for Wilmington firm Richards Layton & Finger, for securities fraud. The indictment came on the same day he was charged with insider trading in a complaint filed by the Securities and Exchange Commission.Round Two of Shareholder Say-on-Pay Litigation
The third proxy season of the Dodd-Frank Act's mandatory shareholder "say-on-pay" advisory votes is well underway, and "round two" of shareholder say-on-pay litigation is in full swing.Justices Take Up Applicability of Fraud-on-the-Market Presumption
On June 11, the U.S. Supreme Court agreed to hear biotechnology company Amgen Inc.'s appeal of the U.S. Court of Appeals for the Ninth Circuit's decision to affirm class certification in the securities fraud class action Amgen v. Connecticut Retirement Plans and Trust Funds.Cite as: Eli Lilly & Co. v. James B. Gottstein, 07-1107-cv, NYLJ 1202465836501, at *1 (2d Cir., Decided: August 12, 2010) Before: Calabresi, Raggi, and Cuda
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