Even though a Manhattan judge ruled two weeks ago that the hedge funds couldn't execute judgment against Argentine pension fund assets held in Citi accounts, he left in place an order freezing the $800 million. Aurelius is hoping Jeff Lamken can persuade the Second Circuit to keep the money frozen.

Lawrence Powers and his tiny company SITI-Sites made bold accusations that the patent aggregator and the telecoms were teaming up to drive down the value of tech patents. There was one big problem, though: Powers wasn't harmed by the conspiracy he alleged.

Harley International, which pulled almost half a billion dollars out of Bernard Madoff's securities firm in the three months before the Ponzi King's arrest, never even made an appearance in the bankruptcy court case.

Even if they're shut out of recovery in WMI's bankruptcy, shareholders are looking good in their securities class action against some pretty deep pocketed defendants. Plus: The judge confirms Bernstein Litowitz as class counsel, despite some conduct she called "unseemly."