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 drug. The settlement comes a week after ImClone's former CEO settled an insider trading case with the SEC [...]

Wednesday's scheduled execution of convicted mass murderer Michael Ross was postponed indefinitely Monday by order of District Judge Robert N. Chatigny, so that Chatigny can hear arguments on Ross' mental capacity. Had the execution by lethal injection gone ahead, Ross would have become to first person put to death in New England in 45 years. [...]

Khalil al-Duleimi, an Iraqi lawyer representing ousted Iraqi president Saddam Hussein has gone into hiding after receiving death threats over the last three weeks, Saddam's chief defense attorney Ziad al-Khasawneh announced on Monday. Al-Duleimi, one of 25 attorneys representing Saddam, reportedly told other lawyers on the team about the threats which followed his Dec. 16 [...]

Gannett Company , the nation's largest newspaper publisher, and the New York Times Company , are under investigation by federal antitrust enforcers regarding their plans to acquire rival papers, according to a report Monday by the Wall Street Journal . The Justice Department is specifically investigating Gannett's proposed buyout of HomeTown Communications Network Inc. , [...]

The US Supreme Court Monday issued rulings on the Fourth Amendment in Illinois v. Caballes and on a tax law issue in Commissioner v. Banks. In Caballes, the Court held that a driver stopped for speeding and then subjected to a "dog sniff" that indicated the presence of drugs in a particular location of the [...]

In Monday's international brief, US lawmakers from the House International Relations Subcommittee on Africa who met with Sudanese government officials and displaced Sudanese refugees in Chad over the weekend are expected to announce that they will urge the US Government to push harder for UN sanctions against Sudan . Representatives Barbara Lee, Jim McDermott, Diane [...]

Microsoft announced Monday that it has decided not to appeal the landmark December ruling of the European Court of Justice ordering it to immediately implement EU antitrust sanctions that the European Commission imposed in a March 2004 decision . The sanctions order the software giant to create a version of Windows stripped of its music [...]

A leading candidate on the Shiite Muslim ticket for this week's elections in Iraq has said that he fears the landmark poll could be tarnished by fraud and abuse. Iraqi Finance Minister Adel Abdel Mahdi indicated that security threats in certain areas of the country could lead to monitoring problems, and that any tampering of [...]

The US Supreme Court Monday declined to hear an appeal by Florida Governor Jeb Bush against a Florida Supreme Court ruling striking down as an unconstitutional violation of the separation of powers a law that had authorized him to mandate the reinsertion of Terri Schiavo's feeding tube after a court had allowed her husband to [...]

Iraqi authorities Monday announced the arrest of Sami Mohammed al-Jafi, also known as Abu Omar al-Kurdi, a top aide to al Qaeda-linked Abu Musab al-Zarqawi . Al-Kurdi has been in Iraqi custody since January 15th, but the announcement of his capture was delayed until today. In a statement , Kurdi confessed to plans to attack [...]