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SEC Hits Former Merriman General Counsel and CEO for Fraud on Their Watch
The government is making the former GC and CEO of investment bank Merriman Curhan Ford pay for the sins of a rogue banker. Former GC Christopher Aguilar and CEO Jon Merriman, as well as the firm, settled SEC charges that they failed to properly supervise David Cacchione, who pleaded guilty to fraud in March for e-mailing customer accounts to a fraud artist. The SEC did not find that Aguilar and Merriman participated in the fraud, but the SEC concluded the two senior executives should have done more to prevent it.Partner Kathleen Sullivan preserved a major lower court victory for Entergy Corp., persuading the U.S. Court of Appeals for the Second Circuit that federal regulations preempt moves by Vermont's legislature to close the state's only nuclear power plant.
Escorts claim Utah law makes acting sexy illegal
SALT LAKE CITY AP - Three escort services are asking a federal judge to overturn a Utah law that makes it easier - too easy, they say - for undercover police to make prostitution arrests.Utah law had defined solicitation as a person agreeing to have sex for money. But an amendment last year broadened it to include any person who performs acts such as exposing or touching themselves.Caught on Tape: The Next Frontier in E-Discovery
Voice mail has traditionally been the most personalized and candid form of business communication. Even with the proliferation of e-mail, voice mail continues to have a greater impact on juries and judges. One longtime drawback: while voice mail has always been subject to discovery and investigation, the process for electronically saving it and filtering through saved messages has been spotty and time-consuming. But all this is about to change.DLA Piper Seals Alliance With Brazilian Firm
DLA Piper has gained a presence in Brazil after allying with local firm Campos Mello Pontes Vinci & Schiller. Campos Mello will remain an independent firm, but will work closely with DLA Piper, advising international companies on business in Brazil, as well as domestic companies looking to expand or do business in the country. DLA will set up its own office when the firm receives approval from the Brazilian authorities.View more book results for the query "*"
Online game maker Kixeye Inc. and its lawyers at Goodwin Procter have a message for bigger, better-known rival Zynga Inc.: Your secrets aren't worth stealing.
A Director's Loss by Any Other Name
When directors and officers submit claims for coverage, the meaning of "loss" can come into dispute.Ropes & Gray lures Harvard official as its first career guidance manager
Ropes & Gray hired its first career guidance manager for associates this year, joining the growing ranks of law firms investing in career coaches to boost associate satisfaction and retention. Marjorie Boone joins the firm from Harvard Law School, where she was assistant director for J.D. advising.Ultrasound abortion mandate faces Va Senate panel
RICHMOND, Va. (AP) - A day after Virginia Republican legislators dropped a bitterly contested requirement that women undergo invasive pre-abortion ultrasound imaging, the intrusive procedure has been dropped from a companion bill.Trending Stories
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