Enron shareholder class action suit to be tried in April despite certification appeal
The Enron shareholder derivative lawsuit will be tried in April as previously scheduled, a federal judge ruled Wednesday. US District Judge Melinda Harmon denied a motion filed by defendants Merrill Lynch and Co....
Lay and six other Enron defendants dismissed from class action shareholder suit
US District Court Judge Melinda Harmon on Wednesday granted a motion to dismiss seven defendants from the Enron shareholder derivative lawsuit , scheduled to go to trial in April. The lead plaintiff in the case, the University...
The US Supreme Court Thursday granted certiorari in five cases , including two antitrust cases, and three criminal appeals. There are currently two other antitrust cases to...
A federal judge on Tuesday consented to a deferred-prosecution agreement between federal prosecutors and investment banker Frank Quattrone that allows Quattrone to avoid a third trial on obstruction of justice and witness tampering charges ...
Quattrone deal will allow former investment banker to avoid third trial
Federal prosecutors have reached a deferred-prosecution agreement with investment banker Frank Quattrone that would allow Quattrone to avoid a third trial on obstruction of justice and witness tampering charges , according to sources close to the...
A federal appeals court has overturned the conviction of Frank Quattrone , one of the dot-com era's most prominent investment bankers, on charges of obstruction of justice and witness tampering on the grounds that the jury instructions...
Appeals court revives IPO price-fixing lawsuits against investment banks
Two class action lawsuits accusing major US investment banks of price-fixing practices during initial public offerings of technology stocks during the late 1990s were reinstated Wednesday by the US Second Circuit Court of Appeals . The court wrote...
Lawyers for former star investment banker Frank Quattrone asked an appeals court Tuesday to throw out his conviction due to confusing jury instructions given at his trial. Quattrone, sentenced to 18 months in prison , was...
Corporations and securities brief ~ OFHEO expands probe into Fannie Mae
Leading Monday's corporations and securities law news, Fannie Mae regulator the Office of Federal Housing Enterprise Oversight (OFHEO) , has announced it is investigating Fannie's use of trusts which it set up to sell securities. Specifically,...
Lawyers for former investment banker Frank Quattrone said Wednesday that Quattrone is appealing his permanent ban from the securities industry . Last November, the National Association of Securities Dealers permanently barred Quattrone from working in the...
