Law Admin

Washington, D.C., Dec. 11, 2008 (LAWFUEL) – The Securities and Exchange Commission today charged Bernard L. Madoff and his investment firm, Bernard L. Madoff Investment Securities LLC, with securities fraud for a multi-billion dollar Ponzi scheme that he perpetrated on advisory clients of his firm. The SEC is seeking emergency relief for investors, including an

CHEYENNE, Wyoming (LAWFUEL) – A jury today found a Gillette, Wyoming man guilty of mailing threatening communications and interfering with the administration of Internal Revenue laws, United States Attorney Troy A. Eid announced. The verdict came following a 3 ½ day jury trial before Wyoming U.S. District Court Judge Alan B. Johnson. The jury deliberated

WASHINGTON (LAWFUEL) — The IRS issued a notice today announcing relief for certain retirement plans that do not have a written plan in place by January 1, 2009. The new guidance is for retirement plans covering employees at public schools, colleges and universities, and other tax exempt organizations. These retirement plans are often referred to

Washington, D.C., Dec. 11, 2008 (LAWFUEL) – The Securities and Exchange Commission today announced settled civil securities fraud charges against Zurich Financial Services and Converium Holding AG, now known as SCOR Holding (Switzerland) AG, relating to finite reinsurance transactions. The SEC’s orders find that Zurich’s former reinsurance group, which operated under the name Zurich Re

DALLAS (LAWFUEL) – Noted hospitality industry attorney Clifford J. (Cliff) Risman, a partner in the Dallas office of Gardere Wynne Sewell LLP, has been inducted into the prestigious International Society of Hospitality Consultants. Mr. Risman, whose clients include many of the premier names in the global hospitality industry, was inducted into ISHC during the group’s

Washington, D.C., Dec. 11, 2008 (LAWFUEL) – The Securities and Exchange Commission today announced settlements of an enforcement action against eight former employees of Fidelity Investments’ equity trading desk, who will collectively pay more than $1 million to settle SEC charges for improperly receiving travel, entertainment, and gifts paid for by outside brokers courting business

Washington, D.C., Dec. 11, 2008 (LAWFUEL) – The Securities and Exchange Commission today finalized settlements with Citigroup Global Markets, Inc. (Citi) and UBS Securities LLC and UBS Financial Services, Inc. (UBS) that will provide nearly $30 billion to tens of thousands of customers who invested in auction rate securities before the market for those securities

LOS ANGELES, Dec. 11, 2008 (LAWFUEL) — Liner Yankelevitz Sunshine & Regenstreif LLP (“LYS&R”) is investigating claims relating to the Tribune Company (“Tribune” or the “Company”) and potential violations of the Employee Retirement Income Security Act of 1974 (“ERISA”). The investigation focuses on the Company’s Employee Stock Ownership Plan (“ESOP”). LYS&R’s investigation involves whether Tribune

WASHINGTON (LAWFUEL) – An Arizona man was sentenced today to 220 months in prison after he was previously convicted on multiple child pornography charges, Acting Assistant Attorney General Matthew Friedrich of the Criminal Division and U.S. Attorney Diane J. Humetewa for the District of Arizona announced. U.S. District Court Judge Mary H. Murguia for the

Steven Condie and Marcus Ganley will be joining Chen Palmer in early 2009 as senior associates. See: <a href+ Full Release Here Steven Condie has been a Senior Lawyer and Section Leader in the Treasury Solicitor’s Department in the United Kingdom since 2002 specialising in public and commercial law. A lawyer of some 16 years