Law Admin

Scam Bilked Investors across the Country out of more than $10 Million LAWFUEL – A former revenue agent with the Internal Revenue Service was charged today in relation to a securities fraud scheme that took more than $10 million from hundreds of victims across the country. George Tannous, 51, of Tujunga, was charged in a

Los Angeles, California – LAWFUEL – Los Angeles– A federal jury has convicted a Glendale man of conspiracy to defraud the Internal Revenue Service and making false statements to an IRS – Criminal Investigation Special Agent. Andranik Petrosian, 41, of Glendale, was convicted yesterday afternoon of conspiring with medical business clients to defraud the IRS

NEW YORK, April 15, 2008 (Lawfuel) — Employees and investors of The Bear Stearns Companies, Inc. (NYSE:BSC) were dealt another setback on news that profit fell 79% in the company’s fiscal first quarter and that there would likely be impairment charges taken by the company in the second quarter. On Friday after the market closed,

NEW YORK, April 15, 2008 (Lawfuel) — Troubles continue for employees and investors of National City Corporation (NYSE:NCC). Yesterday, National City shares continued their now year-long slide to close at $7.56 per share. The market price of National City shares has declined $29.43 per share since April 16 of last year, or 79.56%. Litigation on

Philadelphia, Pa. (Lawfuel) – April 15, 2008 – Pepper Hamilton LLP announced that Michael K. Jones, a registered patent attorney who had an earlier career in engineering, has joined the firm’s intellectual property practice as a partner in the Philadelphia office. Mr. Jones handles all aspects of intellectual property and has particular experience in strategic

PHOENIX (Lawfuel) – Matthew T. Ashby, 44, of Yuma, Ariz., pleaded guilty late last week in front of U.S. Magistrate Judge Jay R. Irwin in Yuma to two misdemeanor counts of treating a horse inhumanely after animals in his care were found without proper feed, water or medical care. Four animals, three horses and a

Washington, D.C., April 15, 2008 (Lawfuel) – The Financial Stability Forum (FSF) has issued its “Report on Enhancing Market and Institutional Resilience.” This work was undertaken at the request of the G-7 Finance Ministers and Central Bank Governors and delivered for their recent meeting in Washington, D.C. Securities and Exchange Commission Chairman Christopher Cox today

PHOENIX (Lawfuel) – Immanuel Cassa, 32, of San Carlos, Ariz., a member of the San Carlos Apache Indian Tribe, was sentenced yesterday by U.S. District Judge Susan R. Bolton to six years in federal prison for assaulting another man with a knife. Cassa pleaded guilty on January 24, 2008 to Assault with a Dangerous Weapon.

HARTFORD, Conn., April 15, 2008 (Lawfuel) — The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of New York on behalf of all