Law Admin

Washington, D.C., July 30, 2008 (LAWFUEL) – The Securities and Exchange Commission today charged E*Trade Clearing LLC and E*Trade Securities LLC (collectively, E*Trade) for failing to comply with an anti-money laundering rule that requires broker-dealers to verify the identities of their customers and document their procedures for doing so. The SEC’s order finds that E*Trade

LawFuel – R. Alexander Acosta, United States Attorney for the Southern District of Florida and Mark R. Trouville, Special Agent in Charge, of the Drug Enforcement Administration, Miami Field Division, announced that today two members of a former paramilitary and drug-trafficking group known as the Autodefensas Unidas de Colombia (AUC), defendants Javier Lindo, a/k/a “El

LAWFUEL – Legal Newswire – MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that ANGELO NICOSIA, an associate of the Genovese Organized Crime Family of La Cosa Nostra, was found guilty today of extortion and extortion conspiracy after a one-week jury trial before the Honorable SHIRA A. SCHEINDLIN.

MINNEAPOLIS, July 29, 2008 (LAWFUEL) — Charles H. Johnson & Associates announces that a class action has been commenced against SemGroup Energy Partners, L.P. (“SemGroup”) (Nasdaq:SGLP), and certain affiliated parties, in the United States District Court for the Southern District of New York on behalf of investors in SemGroup on the February 13, 2008 secondary

CINCINNATI, July 29, 2008 (LAWFUEL) — The class action Cincinnati law firm of Statman, Harris & Eyrich, LLC announces it is investigating UBS AG (“Company”) (NYSE:UBS) for potential violations of the Employee Retirement Income Security Act of 1974 (“ERISA”) relating to the UBS AG Savings and Investment Plan that purchased or held UBS AG stock

Washington, D.C., July 29, 2008 (LAWFUEL) – Securities and Exchange Commission Chairman Christopher Cox and U.S. Secretary of Labor Elaine L. Chao today agreed to make permanent their agencies’ longstanding relationship of sharing information on retirement and investments to protect the $5.8 trillion in retirement assets of American workers, retirees and their families held in

Washington, D.C., July 29, 2008 (LAWFUEL)– The Securities and Exchange Commission announced today that Jonathan W. Burks, Director of the Office of Legislative and Intergovernmental Affairs, will leave the SEC on Aug. 1, 2008, to pursue graduate studies. Mr. Burks, who holds a bachelor’s degree from the Georgetown University School of Foreign Service, has enrolled

Washington, D.C., July 29, 2008 (LAWFUEL) – Securities and Exchange Commission Chairman Christopher Cox today announced the appointment of William M. Schulz as Director of the agency’s Office of Legislative and Intergovernmental Affairs. Mr. Schulz replaces Jonathan Burks, who is leaving the SEC on Aug. 1, 2008 to pursue graduate studies at the Paul H.

Washington, D.C., July 29, 2008 (LAWFUEL) – The Securities and Exchange Commission today charged Lou L. Pai, the former chairman and chief executive officer of Enron Energy Services (EES), a division of Enron Corp., with illegally selling hundreds of thousands of shares of Enron stock in May and June 2001 on the basis of material