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Scott+Scott LLP Files Class Action Lawsuit against Hansen Natural Corporation On Behalf of Investors

NEW YORK, Sept. 17, 2008 (LAWFUEL) — On September 17, 2008, Scott+Scott LLP filed a class action against Hansen Natural Corporation (“Hansen Natural” or the “Company”) (NYSE:HANS) and certain officers and directors in the U.S. District Court for the Central District of California. The action is on behalf of those purchasing Hansen Natural common stock

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Massive Law Enforcement Operation Arrests 175 Drug Cartel Members

LawFuel – Legal Announcement Service – LawFuel Legal Jobs & News – “Project Reckoning” Leads to the Seizure of $60 Million and More Than 40 Tons of Illegal Drugs From One of Mexico’s Largest Drug Trafficking Cartels Attorney General MICHAEL B. MUKASEY announced that 175 individuals were arrested today and on Sept. 16, 2008, on

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Mafia Boss Indicted – Genovese Captian Charged With Extortion & Other Crimes

LAWFUEL – MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York; MARK J. MERSHON, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”); and WEYSAN DUN, the Special Agent-in- Charge of the Newark Office of the FBI, announced today that ANGELO PRISCO, a Captain

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Outside Directors Of Mercury Interactive Settle SEC Charges of Stock Option Backdating

Washington, D.C., Sept. 17, 2008 (LAWFUEL) – The Securities and Exchange Commission today filed settled charges against Igal Kohavi, Yair Shamir, and Giora Yaron, three former outside directors of California-based software maker Mercury Interactive, LLC. The SEC’s complaint alleges that the outside directors recklessly approved backdated stock option grants, and reviewed and signed public filings

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Statement from SEC on Proposed Lehman Brothers Inc Acquisition by Barclays

Washington, D.C., Sept. 17, 2008 (LAWFUEL) – Since the decision by Lehman Brothers Holdings, Inc. to file for bankruptcy protection on Sunday, Sept. 14, 2008, the Securities and Exchange Commission has moved swiftly to protect investors’ securities and cash. Since Sunday, the SEC has worked closely with lawyers and representatives of Lehman, Barclays, and other

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Law Offices Bernard M. Gross P.C. Files Class Action Suit Against NextWave Wireless Inc.

PHILADELPHIA, Sept. 17, 2008 (LAWFUEL) — Law Offices Bernard M. Gross, P.C. announces that it commenced a class action lawsuit in the United States District Court for the Southern District of California (08cv1697) on behalf of purchasers of NextWave Wireless, Inc. (“NextWave” or the “Company”)(Nasdaq:WAVE) common stock during the period March 30, 2007 through August

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SEC Issues Clarification on Accounting Issues Relating to Bank Support for Money Market Mutual Funds

Washington, D.C., Sept. 17, 2008 (LAWFUEL) – The Securities and Exchange Commission’s Office of the Chief Accountant clarified that bank support of money market mutual funds generally does not result in a requirement to present the fund on-balance sheet. As a result of recent market events, it is possible that some money market funds could

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SEC Issues New Rules to Protect Investors Against Naked short Selling Abuses

Washington, D.C., Sept. 17, 2008 (LAWFUEL)– The Securities and Exchange Commission today took several coordinated actions to strengthen investor protections against “naked” short selling. The Commission’s actions will apply to the securities of all public companies, including all companies in the financial sector. The actions are effective at 12:01 a.m. ET on Thursday, Sept. 18,

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Underwriter Defendants in Securities Fraud Related to Fannie Mae Offering Charged

NEW YORK, Sept. 17, 2008 (LAWFUEL) — Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) (“Pomerantz”) has filed a class action lawsuit in the United States District Court, Southern District of New York, against Merrill Lynch, Pierce, Fenner & Smith Incorporated (NYSE:MER); Citigroup Global Markets, Inc. (NYSE:C); Morgan Stanley & Co. Incorporated (NYSE:MS); UBS Securities

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Chatsworth Metrolink Accident Attorney Will Challenge $200 Million Dollar Train Liability Crash Cap

Many of you may not be aware that back in the 90’s, when $200 million dollars was a lot of money, congress caved to special interests and capped damages in train accidents no matter how many people were killed, to $200 million dollars. At least one Chatsworth train crash lawyer is speaking out and challenging

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