The FBI has conducted secret surveillance of US citizens and legal residents for up to 18 months without notifying the Justice Department, according to documents released Monday by the Electronic Privacy Information Center (EPIC) . EPIC made...
Search Results for: derivatives
Chilean judge petitions court to strip Pinochet immunity in embezzlement case
A Chilean judge Tuesday asked that former president Augusto Pinochet be stripped of his immunity from prosecution on embezzlement charges. In his last action before joining the Chilean Supreme Court, Judge Sergio Munoz, who...
Corporations and securities brief ~ Freddie Mac settles accounting scandal
Leading Monday's corporations and securities law news, the Office of Federal Housing Enterprise Oversight (OFHEO) has announced that it has entered into a consent order with Freddie Mac over the company's multi-billion dollar accounting scandal...
The Walt Disney Co. shareholder derivative lawsuit filed in May by nephew of founder Walt Disney and Disney shareholder Roy Disney was dropped Friday evening after the two sides came to agreement. Roy Disney and...
Evidence of Iraq reconstruction fraud handed over to federal prosecutors
The Special Inspector General for Iraq Reconstruction told a House subcommittee hearing focused on the US handling of the Development Fund for Iraq (DFI) on Tuesday that evidence relating to finances used for reconstruction has...
The New Class Action Legislation: Denying Many Americans a Fair Day in Court
JURIST Special Guest Columnist William Lerach, senior partner of the Lerach Coughlin complex litigation firm headquartered in San Diego who has led the prosecution of hundreds of securities class and stockholder derivative actions recovering billions of dollars, says that the...
Corporations and securities brief ~ SEC passes controversial stock rule change
Leading Wednesday's corporations and securities law news, the SEC has approved the extenstion of the "trade-through" rule to electronic exchanges which will subject the vast majority of stock transactions to guidelines designed to give investors the best...
US illegal immigrant population report [Pew Hispanic Center]
Estimates of the Size and Characteristics of the Undocumented Population, Pew Hispanic Center, Jeffrey S. Passel, March 21, 2005 [documenting recent massive growth of the illegal immigrant population in the United States - a 23 percent increase was reported in...
BREAKING NEWS ~ Gonzales nomination narrowly passes Judiciary Committee
The Senate Judiciary Committee has just voted 10-8 to approve President Bush's nomination of Alberto Gonzales as US Attorney General. The nomination now goes to the full Senate. AP has a background story on this morning's committee meeting here....
Corporations & securities brief ~ ImClone settles shareholder lawsuits
Leading Monday's corporations and securities law news, ImClone Systems Inc. has agreed to settle a class-action shareholder lawsuit from 2002 for $75 million. The lawsuit accused the company of making false and misleading statements about a prospective...