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Ex-CEO of WorldCom Sued Over IPO Profits
New York Attorney General Eliot Spitzer is suing WorldCom's former chief executive and four other telecommunications executives for allegedly taking millions in profits from initial public offerings in exchange for steering banking business to Salomon Smith Barney Inc. Spitzer says the executives directed lucrative investment banking deals to Salomon, and Salomon in return allocated the executives shares of hot IPOs.Corzine Nominates Two of His Staff Lawyers for Judgeships
Gov. Jon Corzine has nominated his chief of staff, Edward McBride Jr., for the Superior Court and his first assistant chief counsel, Kay Walcott-Henderson, for the workers' compensation bench.Board of Contributors: DCA broke no new ground with rulings on immigrants
Appellate attorney Dan Bushell, a shareholder of Bushell Appellate Law in Boca Raton, says recent decisions made by Florida's First District Court of Appeal do not reflect a radical ideological shift in Tallahassee.Gene testing spurs decline of some dire diseases
Some of mankind's most devastating inherited diseases appear to be declining, and a few have almost disappeared, because more people are using genetic testing to decide whether to have children.Mandatory Arbitration as Substitute for Private Securities Class Actions
In their Securities Actions column, Jason M. Halper, Bradley J. Bondi and Martin L. Seidel, partners at Cadwalader, Wickersham & Taft, write that over the last decade, there have been more than 1,850 securities class action filings, resulting in nearly $60 billion in total settlements.Landlords Must Accept Section 8 for Current Tenants, Court Rules
Women GCs Must Speak Up to Effect Change, Study Says
A gathering of women in-house counsel on the eve of the American Bar Association's Women in Law Leadership (WILL) Academy was set up to foster discussions on how female in-house counsel can, and need to, help promote women in law firms and the profession as a whole.Trending Stories
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