Latest Law News
Law Firm Wohl & Fruchter LLP Announces Investigation of Aruba Networks, Inc.
The law firm of Wohl & Fruchter LLP is investigating possible violations of federal securities laws by officers and directors of Aruba Networks, Inc. (Aruba) (Nasdaq: ARUN). On May 16, 2013, after the close of the market, Aruba announced disappointing third quarter financial results. Subsequently, Aruba hosted a conference call with analysts during which [...]
Suspended Attorney Agrees to Pay $3.3 Million in Restitution
A Las Vegas lawyer and loan officer were indicted in September on federal mortgage fraud charges with the attorney, Stanley Walton, agreeing to pay almost $3.3 million in restitution. Walton admitted his actions had caused losses of almost $3.6 million. He has been suspended from practising. The Review Journal reports that Stanley Walton and [...]
New Wiki-Style Website for Bankruptcy Attorneys Zhou & Chini
LawFuel.com – Bankruptcy Law News – One of the top bankruptcy law firms in Southern California, Zhou & Chini, has released another completed webpage for its Wiki style site. The bankruptcy information Rancho Cucamonga page has just been finished and is ready for views. The page displays bankruptcy laws and links, as well [...]
Clifford Chance advises Renova on strategic equity basket transaction
International law firm Clifford Chance recently advised Russian private business group Renova Group in relation to a strategic equity financing transaction in the amount of CHF 1 billion. A club of banks entered into equity forward and swap trades with Renova Group on the basket consisting of several listed shares with a duration [...]
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Law Firm News
Bogus Cancer “Cure” Doctor Sentenced to 14 Years in Federal Prison
LOS ANGELES – LawFuel.com – The owner of a Mission Hills medical clinic who sold a bogus cancer cure to dozens of victims across the country as part of a “treatment” program that prosecutors said was “despicable, cruel and heinous” and hastened the death of some patients was sentenced today to 14 years in federal [...]
Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to First Merchants Corporation
LawFuel.com – Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating the sale of CFS Bancorp, Inc. (“CFS”) (NasdaqGM: CITZ) to First Merchants Corporation. Under the terms of the sale valued at approximately $114.7 million, CFS shareholders will receive 0.65 shares of [...]
Law Firm Wohl & Fruchter LLP Announces Investigation of Aruba Networks, Inc.
The law firm of Wohl & Fruchter LLP is investigating possible violations of federal securities laws by officers and directors of Aruba Networks, Inc. (Aruba) (Nasdaq: ARUN). On May 16, 2013, after the close of the market, Aruba announced disappointing third quarter financial results. Subsequently, Aruba hosted a conference call with analysts during which [...]
12 Los Angeles-Area Residents Accused of Attempting to Bilk Medicare out of $22 Million Arrested as part of Nationwide Crackdown
LOS ANGELES – LawFuel.com – Twelve Los Angeles-area residents – including California’s second-largest biller for chiropractic services, a physician’s assistant, and owners of durable medical equipment (DME) and ambulance companies – were taken into custody today in relation to seven criminal cases that allege they cumulatively submitted more than $22 million in false [...]
Woman Sentenced to 5 Years’ Prison for Conspiracy to Defraud IRS and Money Laundering
Los Angeles- Safieh Fard, 52, of Escondido was sentenced late yesterday to 63 months in prison by U.S. District Judge Cormac J. Carney. Fard was also ordered to pay $594,000 in restitution to the Internal Revenue Service (IRS) for unpaid individual income taxes. Fard was previously convicted by a jury in Santa Ana on [...]
Law Firm Announcements
Manatt’s Move into Digital Media Law with New Entity
LawFuel.com – Digital media law has become a more important legal arena as social media and related matters take hold and law firms are increasingly providing focus on the area with its arcane technology and legal issues. The latest, as Bloombergs report, is the introduction of Manatt Digital Media by Manatt, Phelps & Phillips LLP. [...]
Davis Polk Advises CITIC Capital Partners on Its Acquisition of AsiaInfo-Linkage
LawFuel.com – The Law Firm Newswire – Davis Polk is advising CITIC Capital Partners in connection with the $890 million going-private acquisition of Nasdaq-listed AsiaInfo-Linkage, Inc. by a consortium led by CITIC Capital Partners and that includes Edward Tian, a co-founder and significant stockholder of AsiaInfo-Linkage. The acquisition is subject to customary closing conditions, including [...]
Sidley Austin Update – SEC Find Local Government Violated Anti-Fraud Securities Laws
LawFuel.com – In a First, SEC Finds a Local Government Violated the Anti-Fraud Provisions of the Federal Securities Laws by Recklessly Making Materially False and Misleading Written and Verbal Statements Not Directly Connected with the Issuance of Debt Securities On May 6, 2013, the Securities and Exchange Commission (the “Commission”) ordered the City of [...]
Akin Gump Helps Secure Two Decisions in Appeals Courts in Bankruptcy Law
LawFuel.com – Bankruptcy Law News – Akin Gump litigation partner Marty L. Brimmage Jr. helped lead a team that achieved crucial decisions over the past two days before two federal appeals courts in a hotly contested bankruptcy case. Unhappy with the results of a Texas bankruptcy plan of reorganization for Lothian Oil, Inc., a [...]
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