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James L. Kroeker Acting Chief Accountant U.S. Securities and Exchange Commission Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises of the House Committee on Financial Services March 12, 2009 Chairman Kanjorski, Ranking Member Garrett, and members of the Subcommittee: I am Jim Kroeker, Acting Chief Accountant in the Office of the Chief Accountant (OCA),

Key Web Reports – While Google scores over 70 per cent of all Internet searches, those online businesses seeking free web traffic face additional difficulties in an increasingly sophisticated web world. The internet’s growth and the number of new users has rendered additional sophistication of Google’s famed and ‘secret sauce’ algorhym to determine web rankings.

February , 2009 – Chadbourne & Parke LLP represented Mundipharma International Corporation Limited in an exclusive agreement with Novelos Therapeutics, Inc. for the commercialization of a proprietary Novelos cancer medication in Europe and Japan. Chadbourne also represented Purdue Pharma L.P., an independent associated Company of Mundipharma, in a parallel equity investment in Novelos. The Collaboration

PHOENIX (LAWFUEL) – A Phoenix woman has been arrested in Colorado and transferred to Arizona to face theft charges of over $60,000 from the U.S. Department of Veterans Affairs. A federal grand jury in Phoenix returned a 3-count indictment on December 2, 2008, against Michele Marie Valent, 38, formerly of Phoenix, for two counts of

WASHINGTON (LAWFUEL) – The Internal Revenue Service today announced that interest rates for the calendar quarter beginning April 1, 2009, will drop by one percentage point. The new rates will be: four (4) percent for overpayments [three (3) percent in the case of a corporation]; four (4) percent for underpayments; six (6) percent for large

WASHINGTON (LAWFUEL) – A securities attorney pleaded guilty today to defrauding investors in stock manipulation schemes involving 19 different publicly traded companies, Acting Assistant Attorney General Rita M. Glavin of the Criminal Division and Acting U.S. Attorney Dana J. Boente for the Eastern District of Virginia announced today. David B. Stocker, 49, of Phoenix pleaded

DENVER (LAWFUEL) – David Yost, age 55, and Paula Yost, age 47, of Osage Beach, Missouri, plead guilty Monday before U.S. District Court Judge Marcia S. Krieger to two counts of tax evasion, Acting U.S. Attorney David M. Gaouette, and IRS Criminal Investigation Denver Field Office Special Agent in Charge Christopher M. Sigerson, announced. Judge

Washington, D.C., March 11, 2009 (LAWFUEL) – The Securities and Exchange Commission today charged Northern California residents Anthony Vassallo and Kenneth Kenitzer for orchestrating a multi-million dollar investment fraud. Vassallo agreed to a court order freezing his assets. The SEC is seeking an emergency court order to also freeze the assets of Vassallo’s company, Equity

LAWFUEL.COM – Legal News Daily – WILMINGTON, DEL. (March 11, 2009) – Incisive Media’s Delaware Law Weekly, the leading news source covering the state’s influential court system and legal market, has launched a completely redesigned Web site, providing visitors with immediate updates on breaking legal news developments in Delaware’s courts, as well as access to

LAWFUEL.COM – Legal Newswire – SANTA ANA, Calif. – An Orange County man who owned two Lamborghini dealerships that sold up to 5 percent of all Lamborghinis sold in the world has agreed to plead guilty in a scheme to bilk the financing company that gave him millions of dollars to purchase the luxury sports