Law Admin

PHOENIX (LAWFUEL) – Five members of a drug trafficking organization were sentenced to prison yesterday by U.S. District Judge Susan R. Bolton. The leader of the organization, Victor Manuel Leon-Sanchez, 29, of Culiacan, Sinaloa, Mexico, was sentenced to 19 years in prison. His second-in-command, Juan Ceniceros, 41, of Rosarito, Sinaloa, Mexico, was sentenced to 15

DENVER (LAWFUEL) – Edward “Eddie” Davidson, age 35, also known as the “spam king,” walked away from a federal prison camp in Florence on Sunday, July 20, 2008. Davidson, who was sentenced to serve 21 months in federal prison, is now officially in “escape” status. He was last seen in Lakewood. U.S. Marshals are leading

MINNEAPOLIS, July 22, 2008 (LAWFUEL) — Charles H. Johnson today announced that it has commenced an investigation against UBS AG (“UBS”) for potential violations of the Employee Retirement Income Security Act of 1974 (“ERISA”). The investigation focuses on investments in UBS Savings and Investment Plan (the “Plan”). The investigation focuses on concerns that UBS and

(LAWFUEL) – Lucian T. Pera, a partner with the Memphis office of Adams and Reese LLP, has been invited to serve on the Advisory Board of the Miller-Becker Institute for Professional Responsibility. The Institute, which is associated with University of Akron Law School in Akron, Ohio, provides lectures, symposia, and other programs and activities to

Washington, D.C., July 22, 2008 (LAWFUEL) – The Securities and Exchange Commission today charged an Ann Arbor, Mich.-based company and a former executive in an accounting fraud scheme that ultimately cost the company more than $437 million in market capitalization and caused its stock price to drop by more than half its value during a

Philadelphia, Pa. (LAWFUEL) – July 22, 2008 – Pepper Hamilton LLP announced that John M. Ford, a securities lawyer focusing on investment company and investment adviser regulatory matters, has joined the firm’s Investment Management Practice Group as a partner in the Philadelphia office. “John has 12 years of experience assisting financial institutions with their investment

Washington, D.C., July 22, 2008 (LAWFUEL) – Securities and Exchange Commission staff today released a new ComplianceAlert letter identifying common deficiencies and weaknesses that SEC examiners have recently found during compliance examinations of firms that are registered with the SEC. The ComplianceAlert is intended to foster robust compliance in the securities industry by providing information

NEW YORK, July 22, 2008 (LAWFUEL) — The Rosen Law Firm today announced that it has commenced an investigation into allegations that ArthroCare Corp. (“ArthroCare” or the “Company”) (Nasdaq:ARTC) violated the federal securities laws by improperly recognizing revenue from certain sales in violation of Generally Accepted Accounting Principles (“GAAP”). On July 21, 2008, the Company

NEW YORK, July 22, 2008 (LAWFUEL) — The Rosen Law Firm today announced that it has commenced an investigation into allegations that ArthroCare Corp. (“ArthroCare” or the “Company”) (Nasdaq:ARTC) violated the federal securities laws by improperly recognizing revenue from certain sales in violation of Generally Accepted Accounting Principles (“GAAP”). On July 21, 2008, the Company

(LAWFUEL) – A 20-year-old woman from Guildford in Sydney will face Sydney’s Central Local Court today charged with illegally importing drugs into Australia. Customs officers at Sydney International Airport stopped the Liberian-born Australian citizen for questioning, when she arrived on a flight from Canton, China, on Saturday morning. They became suspicious that the woman was