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Corporate Crime Prosecutor Plays Hard
Admiring fellow attorneys describe Michael Wang, a prosecutor in the San Francisco U.S. Attorney's office, as "rabid" and "an animal" because of his intensity and tenacity. In 2005, he moved up from street crime prosecutions to lead a resurgent white-collar unit. From 2005 to 2006, new white-collar filings jumped nearly 70 percent, largely fueled by fraud cases. Defense lawyers say Wang is also one of the prosecutors investigating stock options backdating at companies such as Apple and KLA-Tencor.Corporate Crime Prosecutor Plays Hard
Admiring fellow attorneys describe Michael Wang, a prosecutor in the San Francisco U.S. Attorney's office, as "rabid" and "an animal" because of his intensity and tenacity. In 2005, he moved up from street crime prosecutions to lead a resurgent white-collar unit. From 2005 to 2006, new white-collar filings jumped nearly 70 percent, largely fueled by fraud cases. Defense lawyers say Wang is also one of the prosecutors investigating stock options backdating at companies such as Apple and KLA-Tencor.How Small Firms Are Managing $160K Salaries
In February, Day Casebeer Madrid & Batchelder partners invited their associates to discuss pay increases over lunch. It was a response to the first announcements rocking Silicon Valley that some big firms would move salaries for first-years to $160,000.Big Tobacco Can't Use 'Pass-On' Defense in RICO Suit
Tobacco companies accused of lying about the dangers of smoking by Empire Blue Cross & Blue Shield of New York cannot claim as a defense that increased health costs have been passed on to consumers, a federal judge ruled. The judge told lawyers that a "pass-on" defense -- minimizing a plaintiff's damages by showing that a third party absorbed the increased cost -- is not available in a fraud action brought under RICO.Firms Come to the Aid Of Corporation Counsel
OVER THE last several months the New York City Corporation Counsel put out a plea for help, and the city`s legal community has responded in force.Fastest-Shrinking Firms Ranked by Percent Decrease in Pa. Attorneys
The following is a list of the fastest-shrinking law firms in Pennsylvania ranked by the percentage decrease in number of attorneys as reported in the 2010 edition of PaLAW magazine.Health Fund Suits Against Tobacco Giants Rejected
A 2nd U.S. Circuit Court of Appeals panel ruled Friday that two New York union health funds and four public employees' health plans can't proceed with class action suits against major tobacco companies. The panel said in Laborers Local 17 Health and Benefit Fund v. Philip Morris Inc. that the economic damages allegedly suffered by the plaintiffs were too remote to be actionable. Last month, the 3rd Circuit upheld the dismissal of a similar labor fund class action in Pennsylvania.Rare Pharma Fraud Trial Under Way in S.F.
The government says former Intermune CEO W. Scott Harkonen improperly marketed a drug for profit, but his defense lawyer sees jealous bureaucrats at work.Court Clarifies Liability for Falls
ALBANY The Court of Appeals yesterday established two important principles of Labor Law: that the window washer provision of Labor Law �202 does not impose strict liability, and that it can co-exist with a strict liability claim under �240 of the same law.Insurer Claims Hedge Funds Depressed Co.�s Stock Prices
Despite a rising share price, a Morristown, N.J., insurer and its parent are pressing a $6 billion suit alleging that hedge funds depressed its stock price.Trending Stories
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Meeting the Requirements of California's SB 553: Workplace Violence Prevention
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