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Long-running IPO action settles for $586 million
A settlement has been reached in the long-running litigation over the gaming of initial public offerings by investment banks and issuing companies. In papers released Monday, lawyers said they have agreed to settle for $586 million. The suits alleged that underwriters drove up the price of new issues by requiring clients to buy blocks of stock at ever-higher prices -- and failed to disclose this fact to investors who were later burned by the collapse of the market in tech stocks.Welcome to Warsaw: K&L Gates Takes Hogan & Hartson Poland Practice
K&L Gates has followed up its entrance into the Tokyo and Moscow markets this year with a new office in Warsaw, Poland.View more book results for the query "*"
Defense Lawyer in D.C. Found Guilty in Fake Evidence Scheme
A federal judge on June 22 found a longtime criminal defense lawyer in Washington guilty for his lead role in a scheme to fabricate evidence, a win for prosecutors in a closely watched case that raised concern in the defense bar.Capital Sources: Two Canadian banks, contrasting U.S. success
While TD Bank has thrived in the U.S. market, its rival and fellow Canadian bank RBC has struggled with more than $3 billion in losses in the states over the past four years.Software for Moving Inc. v. Frid
Trademark Infringement Claim Fails But Copyright Infringement Claim Survives in Suit Over SoftwareTrending Stories
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