Law Admin

Washington, D.C., Feb. 5, 2009 (LAWFUEL) – The Securities and Exchange Commission today announced a settlement with Wachovia Securities LLC that will provide more than $7 billion in liquidity to thousands of customers who invested in auction rate securities (ARS) before the market for those securities collapsed. The settlement resolves the SEC’s charges that Wachovia,

Philadelphia, Pa. – February 4, 2009 – Amy B. Ginensky, a partner with Pepper Hamilton LLP, chair of its Commercial Litigation Practice Group and leader of its media and communications practice, recently was a panelist on a program titled “How Did the Media – New, Old and Battered – Cover the ’08 Election?” Ms. Ginensky

NEW YORK (LAWFUEL) – Senior white collar federal prosecutor David Siegal has joined the New York office of Haynes and Boone, LLP as a partner in the White Collar Criminal Defense Practice Group, where his practice will focus on white collar defense and securities fraud litigation. Mr. Siegal served for the last nine years as

Washington, D.C., Feb. 4, 2009 (LAWFUEL) – The Securities and Exchange Commission has taken emergency action to stop a massive and ongoing international boiler room scheme that allegedly sold shares of U.S. penny stock issuers to investors located in Europe by misrepresenting that investors paid no sales commissions. The SEC alleges that, in fact, investors

Washington, D.C., Feb. 4, 2009 (LAWFUEL) – The Securities and Exchange Commission has taken emergency action against a private fund manager in Gilberts, Ill., alleging that he fraudulently obtained at least $10 million from approximately 300 investors and misappropriated the funds for personal use and to pay purported returns to investors. The SEC alleges that

LawFuel Legal Announcement Service – LEV L. DASSIN, Acting United States Attorney for the Southern District of New York, JOSEPH DEMAREST, Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), and RAYMOND W. KELLY, Police Commissioner of the City of New York (“NYPD”), announced the unsealing today of a 38-count

LawFuel – Legal Newswire – R. Alexander Acosta, United States Attorney for the Southern District of Florida, Jonathan I. Solomon, Special Agent in Charge, Federal Bureau of Investigation, and Christopher B. Dennis, Special Agent in Charge, U.S. Department of Health and Human Services, Office of the Inspector General, Miami Regional Office, announced today that defendant

DENVER (LAWFUEL) – James D. Caban, age 48, of Northglenn, Colorado, a former federal prison correctional officer, was sentenced last week by Chief U.S. District Court Judge Wiley Y. Daniel to serve 12 months and 1 day in prison for accepting a bribe as a public official. After serving his prison sentence, Caban must serve

(LAWFUEL) – A 40-year-old Victorian man will face Melbourne Magistrates Court this morning after an alleged attempt to smuggle narcotics into Australia. Customs and Border Protection officers at Melbourne International Airport selected the man, from Mill Park, for a baggage examination after he arrived on a flight from Vietnam yesterday (Tuesday 3 February). During the