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US Defendant Reports Defendant Sentenced To 60 Months’ Prison For Stealing Checks Stolen From JP Morgan Chase

LAWFUEL – Legal Newswire – MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that BERNARD ELLIS was sentenced this afternoon to 60 months’ imprisonment for participating in a sprawling bank fraud conspiracy, from approximately 2005 to approximately April 2006, involving large corporate checks that were stolen from a

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Customs & Border Protection Officer Convicted Of Drug Distribution

LAWFUEL – Legal Newswire – R. Alexander Acosta, United States Attorney for the Southern District of Florida, Steven J. Mocsary, Special Agent in Charge, Department of Homeland Security, U.S. Immigration and Customs Enforcement, Office of Professional Responsibility, and Donald J. Balberchak, Special Agent in Charge, Department of Homeland Security, Office of the Inspector General, announced

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SEC Begins Small Business Costs and Benefits Study of Sarbanes-Oxley Act, Section 404

Commission Proposes One-Year Extension of Final Compliance Requirements for Smaller Companies While Study Underway Washington, D.C., Feb. 1, 2008 – The Securities and Exchange Commission today announced that its professional staff has commenced a cost-benefit study of an upcoming auditor attestation requirement for smaller companies under Section 404(b) of the Sarbanes-Oxley Act of 2002. The

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CompTIA Adds New Intellectual Property Rights Depth to Its Advocacy Team

WASHINGTON– LAWFUEL – Legal Newswire –The Computing Technology Industry Association (CompTIA) has added significant depth to its intellectual property advocacy efforts with the recent hire of Chris Katopis. Well regarded within the intellectual property community, Katopis will work for the interests of CompTIA’s membership primarily on intellectual property rights, patent reform, and tech-neutrality in government

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Keller Rohrback L.L.P. Announces ERISA Breach of Fiduciary Duty Investigation Re Morgan Keegan Funds

SEATTLE, Feb. 1, 2008 LAWFUEL – Legal Newswire — Keller Rohrback L.L.P. (www.erisafraud.com) today announced that it is investigating Morgan Keegan & Company, Inc. and Morgan Asset Management, Inc. (collectively, “Morgan Keegan”) for potential violations of the Employee Retirement Income Security Act of 1974 (“ERISA”). The investigation focuses on retirement plans that offer the Regions

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Clifford Chance Advises Chinese Bank On Electricity Deal In Indonesia

LAWFUEL – Legal Announcement Service – Singapore: Leading law firm Clifford Chance has advised the Export-Import Bank of China on a US$615 million financing for PT Perusahaan Listrik Negara (PLN), Indonesia’s state electricity company. The Indonesian government guaranteed the 15-year loans. The funding will build two new power plants in Java that will greatly increase

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The SubPrime Crisis Prompts Lawsuit Deluge As Losses Mount

LawFuel – The Sub-prime lawsuits have begun, but many claimants face a significant, uphill battle proving liability, lawyers say. The mounting number of foreclosures and defaults has meant the often complex investment products that comprise the various loan packages have lead to $500 billion in losses. There are a number of different types of lawsuits

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The ‘Compassionate Caregivers’, Marijuana StoresOwner Pleads Guilty

LAWFUEL – The Legal Newswire – The former owner and operator of seven marijuana stores called Compassionate Caregivers has pleaded guilty to federal narcotics and money laundering charges, admitting that he was responsible for the distribution of more than 15,000 pounds of marijuana. Larry Roger Kristich, 65, who returned from Costa Rica last summer after

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Statement of the European Commission and US Securities and Exchange Commission on Mutual Recognition in Securities Markets

Washington, D.C., Feb. 1, 2008 – LAWFUEL – The Law Announcement Service – SEC Chairman Christopher Cox and the European Commissioner for the Internal Market and Services Charlie McCreevy met in Washington, D.C., on February 1. They had a wide-ranging discussion on topics of mutual interest, including the current market volatility, accounting standards, sovereign wealth

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