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Judge Finds Shearman Ran Afoul Of 'Revolving Door' Ethics Rules
Former State Senator Gets Probation in Felony Case
Shirley Huntley admitted before Supreme Court Justice Norman St. George that while serving in the Senate she set up a sham Nassau County nonprofit organization, Parent Workshop, that funneled nearly $30,000 in pork barrel funds to her niece and an aide.Flaum and his client, Wells Fargo, took a gamble when they maneuvered to get all of the bank's subprime securities litigation before one judge. $109 billion in exposure was on the line when Judge Richard Sullivan ruled on the bank's motion to dismiss. For Flaum and Wells Fargo, that proved to be a good bet.
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E-Trade paying $1M in settlement with SEC
WASHINGTON AP - E-Trade Financial Corp. on Wednesday agreed to pay $1 million in a settlement with federal regulators who accused the retail brokerage firm of failing to verify more than 65,000 customers' identities to prevent money laundering.The Securities and Exchange Commission announced the settlement with two divisions of the New York-based company, E-Trade Clearing LLC and E-Trade Securities LLC.Belafonte to auction unknown papers of MLK
NEW YORK AP - An original handwritten outline for the Rev. Martin Luther King Jr.'s first speech condemning the Vietnam War owned by his friend Harry Belafonte is going on the auction block this week.Sotheby's will offer the document for sale Thursday along with two others: the scribbled notes for a speech King planned to deliver in Memphis, Tenn.When Latham & Watkins IP partners David Nelson and Sean Pak joined Quinn Emanuel Urquhart Oliver & Hedges last month, managing partner John Quinn said it was "almost unheard of" to find two young IP lawyers with "significant trial experience." But that hasn't stopped Quinn Emanuel from trying to limit the finders fee it has to pay. On Tuesday the firm filed a suit in Los Angeles County superior court, claiming that Major Lindsey & Africa, the legal recruiting company that brokered Nelson's lateral move, doesn't deserve the fees it's demanding from Quinn Emanuel for Pak and future Latham laterals.
Gay marriage opponents vow to fight Calif. ruling
SAN FRANCISCO AP - Even as same-sex couples across California begin making plans to tie the knot, opponents are redoubling their efforts to make sure wedding bells never again ring for gay couples in the nation's most populous state.A conservative group said it would ask California's Supreme Court to postpone putting its Thursday decision legalizing gay marriage into effect until after the fall election.Trending Stories
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