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December 05, 2006 | Law.com

Pfizer Suffers Setback as Company Halts Development of Anti-Cholesterol Drug

After spending about $800 million developing a new cholesterol treatment, Pfizer Inc. says it is halting work on the product, torcetrapib, in the wake of an independent board's recommendation that the drug trial end due to an unexpected number of deaths and other complications. One industry critic says the trial should not present liability issues for the world's largest drug maker because the company acted swiftly, adding, "I have to give Pfizer credit. They did everything the right way."
6 minute read
February 04, 2000 | Law.com

DOL's Probes of Investment Advisers Decrease; Official Hopeful for Newest Program

Investigations of investment advisers by the U.S. Department of Labor are decreasing, but the investigations that are launched are much more likely to find violations, an official in the agency's Pension and Welfare Benefits Administration announced. Therefore, the appearance of investigators should send warning signals, according to Virginia C. Smith, director of PWBA enforcement. "We are there because we believe something is going on," she said.
5 minute read
January 30, 2002 | Law.com

VCs Reconsider Tough Terms for Entrepreneurs

The highly dilutive terms in venture financing for startups desperate for capital have become a disincentive for entrepreneurs -- some of whom stand to lose ownership of their companies. As a result, some investors are crafting ways to keep management motivated, such as offering bonus pools of cash, stock options or recapitalizations, to give management a sufficient stake.
6 minute read
January 14, 2010 | Daily Report Online

SEC names new enforcement unit heads

WASHINGTON AP - The Securities and Exchange Commission named six people on Wednesday to lead new investigative units and unveiled a new policy for rewarding prompt cooperation by those with knowledge of misconduct as the agency reorganizes its enforcement efforts.The SEC was scorched by its failure to detect the stunning, long-running fraud by money manager Bernard Madoff despite numerous red flags and credible warnings.
4 minute read
March 26, 2013 | New York Law Journal

Sidewalk Bridge License Fees: Are They Required Under RPAPL Section 881?

Joseph A. French, a partner at French & Casey, and Douglas R. Rosenzweig, an associate at the firm, write that in addition to neighbors who object to the sidewalk bridge on aesthetic or convenience grounds, some property owners view the installation of an adjacent sidewalk bridge as a way to create an additional revenue stream and will demand exorbitant license fees upwards of $5,000 per month for the use of its property.
9 minute read
Law Journal Press | Digital Book Federal Bank Holding Company Law Authors: Melanie L. Fein View this Book

View more book results for the query "Deutsche Bank"

Credit Union Regulator Unveils New JPMorgan Suit as Courts Mull Time Limits for Agencies' Claims
Publication Date: 2012-12-17
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In its biggest suit yet, the National Credit Union Administration claims Bear Stearns sold $3.6 billion in shoddy mortgage-backed securities to four failed credit unions. But just like the cases that the Federal Housing Finance Agency brought against a slew of banks, the NCUA suits are in limbo as federal appeals courts weigh whether the agencies waited too long to sue.

March 10, 2009 | Daily Report Online

Markets face 'irrational pessimism'

5 minute read
January 04, 2013 | Texas Lawyer

The Mindful Lawyer: Meditation and Its Many Benefits

Mindfulness can apply as easily to a business, as an entity, as it does to individuals. Potential benefits include: reduced costs associated with absenteeism caused by illness, injury and stress; improved cognitive function in employees; and reduced turnover.
8 minute read
In Re Wachovia Equity Securities Litigation, 08 Civ. 6171 (RJS)
Publication Date: 2011-04-07
Practice Area: Business Law
Industry:
Court: U.S. District Court, Southern District
Judge: District Judge Richard J. Sullivan
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For plaintiff: The Equity Plaintiffs are represented by Ira M. Press, Andrew Martin McNeela, and Roger W. Kirby of Kirby McInerney LLP, New York, NY. The Stichting Plaintiffs are represented by Geoffrey Coyle, Jarvis, Jay W. Eisenhofer, and Michele S. Carino of Grant & Eisenhofer, P.A., New York, NY; and James Richard Banko of Grant & Eisenhofer, P A, Chase Manhattan Centre, Wilmington, DE. The FC Holdings Plaintiffs are represented by Daniel Arthur Cohen, Daniel Joseph Kornstein, and Amy Christine Gross of Kornstein Veisz Wexler & Pollard, LLP, New York, NY; JefIrey H. Squire of Bracewell & Patterson, LLP, Washington, DC; and Paul D. Wexler of Bragar, Wexler & Eagel, P.C., New York, NY. The Bond/Notes Plaintiffs represented by John J. Gross, Christopher L. Nelson, David Kessler, John Anthony Kehoe, and Benjamin J. Sweet of Barrowav Topaz Kessler Meltzer & Check, LLP, Radnor, P A; Nichole Browning and Eric Donald Peterson of Barroway Topaz Kessler Meltzer & Check, LLP, San Francisco, CA; Ramzi Abadou, Maureen Elizabeth Mueller, Lucas F. Olts, and John J. Rice of Robbins Geller Rudman & Dowd LLP, San Diego, CA; David Avi Rosenfeld of Robbins Geller Rudman & Dowd LLP, Melville, NY; John Patrick Coffey, William Curtis Fredericks, Kurt Michael Hinciker, Christopher Chad Johnson, John James Rizio-Hamilton, and Jeroen Van Kwawegen of Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Jack Gerald Fruchter of Abraham Fruchter & Twersky LLP, New York, NY; Lionel Z. Glancy of Glancy & Binkow, LLP, Los Angeles, CA; Michael Max Goldberg of the Law Offices of Michael Goldberg, New York, NY; Marc Ian Gross and Fei-Lu Qian of Pomerantz Haudek Block Grossman & Gross LLP, New York, NY.
For defendant: The Wachovia Defendants are represented by Douglas H. Flaum, Eric A. Hirsch, Israel David, and John W. Brewer of Fried, Frank, Harris, Shriver & Jacobson, New York, NY. The Underwriter Defendants are represented by Alfred Robert Pietrzak, Patrick Michael McGuirk, Owen Harris Smith, and Saima S. Ahmed of Sidley Austin LLP, New York, NY. Defendant KPMG is represented by Emmet Thomas Flood of Williams & Connolly LLP, Washington, DC and Marshall Beil of McGuireWoods LLP, New York, NY.
Case number: 08 Civ. 6171 (RJS)

Cite as: In Re Wachovia Equity Securities Litigation, 08 Civ. 6171 (RJS), NYLJ 1202489220302, at *1 (SDNY, Decided March 31, 2011)District Judge Richard J. Sull

June 27, 2005 | Law.com

Guidant Tells Doctors to Not Use Five Defibrillator Models

Guidant on Friday issued its second safety advisory in a week about its implantable defibrillators, telling doctors to stop using five of the models because they could malfunction and may have to be recalled. Lawyers who have filed suits against Guidant for failing to release information about faulty defibrillators said the most recent announcement is a sign of a troubled company. "The truth is if this is evidence of anything, it's that things are all upside down at Guidant," said one attorney.
5 minute read

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