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Marvell Slapped: $10 Million Fine for Backdating
The SEC's Marc Fagel says the company's uniquely uncooperative stance earned it one of the harshest punishments meted over stock options.Federal Housing Finance Agency Suing Top Banks Over Mortgage-Backed Securities
The Federal Housing Finance Agency filed suit today against 17 of the world's largest financial firms, seeking to recover losses suffered by Fannie Mae and Freddie Mac on private-label mortgage-backed securities.Parents Can Litigate Special-Ed Disputes
Parents of children with disabilities citing the high cost of legal fees can claim a victory with the Supreme Court's ruling allowing self-representation.Southern Industries of Clover Ltd. v. Zenev Textiles SA
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Court Limits Airport Police's Power in Drunk Driving Case
The state Supreme Court lifted the driver's license suspension of a man who refused to submit to blood-alcohol testing after being stopped by an airport police officer just outside airport property.Insurer Must Cover Parents of Shooting Spree Killer
Differing with the holding of a three-judge panel several months ago, an en banc panel of the Superior Court has ruled that a homeowners insurer should have to provide coverage to a Pittsburgh-area couple sued for negligence after their mentally disturbed adult son murdered five and severely wounded another during a two-hour April 2000 killing spree.Umpire decides who's out, safe in World Series, stock
Tom Hallion has been fielding calls from panicked investors looking for someone to blame for the shrinking value of their portfolios. The yelling doesn't bother the Morgan Keegan Inc. broker. After all, he's a Major League Baseball umpire. In the last month, Hallion has watched historic drops and record rallies in the stock market, while umpiring in the World Series for the first time.Trending Stories
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