(LAWFUEL) – The United States Securities and Exchange Commission (Commission) today announced the temporary suspension of trading in the securities of Global 1 Investment Holdings Corporation (GOIH) (Global), commencing at 9:30 a.m. EST on February 2, 2009, and terminating at 11:59 p.m. EST on February 13, 2009. The Commission temporarily suspended trading in Global’s securities […]

Washington, D.C., Feb. 2, 2009 (LAWFUEL) – The Securities and Exchange Commission announced today that Robert L.D. Colby, Deputy Director of the Division of Trading and Markets, will leave the agency in February to join the law firm of Davis Polk & Wardwell in its Washington, D.C. office. Since coming to the Commission 27 years

ST. PAUL, Minn., Jan. 30, 2009 (LAWFUEL) — The United States Second Circuit Court of Appeals today reversed the dismissal of a massive antitrust class action brought by merchants against the American Express Company (“Am Ex”). The case alleges that American Express in 1999 began a massive effort to take a share of the standard

WASHINGTON (LAWFUEL) ― Many investors will receive their year-end tax statements later than in past years, but these forms are likely to be more accurate, according to the Internal Revenue Service. A new law, enacted last fall, changed the deadline from Jan. 31 to Feb. 15, when brokers, including brokerage firms, mutual fund companies and

Washington, D.C., Jan. 30, 2009 (LAWFUEL) – The Securities and Exchange Commission today charged Merrill Lynch, Pierce, Fenner & Smith, Inc. and two of its former investment adviser representatives with securities laws violations for misleading pension consulting clients about its money manager identification process and failing to disclose conflicts of interest when recommending them to

DENVER (LAWFUEL) – Janine Sligar, age 47, presently of Wray, Colorado, was sentenced Thursday to serve 6 months in federal prison for the sexual abuse of a ward. Following her prison sentence, Sligar was ordered to serve 5 years of supervised release. She was also ordered to register as a sex offender. She is scheduled

NEW YORK (January 30, 2009) – The February issue of Incisive Media’s The American Lawyer reports on the rising numbers of so-called “laterals” or law firm partners switching firms. More than 2,500 Am Law 200 partners moved in or out of the nation’s largest law firms last year, a new record. This trend contradicts the

LawFuel – Legal Announcements Daily – THAT DEFRAUDED GOVERNMENT HEALTH CARE PROGRAMS THROUGH UNNECESSARY TREATMENTS TO HOMELESS The former co-owner of a Los Angeles-area hospital was arrested this morning on federal charges of paying illegal kickbacks as part of a scheme to defraud Medicare and Medi-Cal by recruiting homeless persons from Los Angeles’ Skid Row.