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January 14, 2010 |

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.
3 minute read
March 26, 2013 |

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.
8 minute read
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 |

Markets face 'irrational pessimism'

5 minute read
January 04, 2013 |

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.
7 minute read
In Re Wachovia Equity Securities Litigation, 08 Civ. 6171 (RJS)
Publication Date: 2011-04-07
Practice Area: Business Law
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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 |

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.
4 minute read
November 15, 2012 |

Approved Opinions

Opinions approved for publication.
5 minute read
October 08, 2012 |

For law firms, revolving door is speeding up

Presidential elections are the busiest time for firms and corporations to recruit top attorneys leaving government.
7 minute read
February 10, 2003 |

Inadmissible

8 minute read

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