SEC Launches Voluntary Online Filing System for Form D to Reduce Burden on Smaller Companies

Washington, D.C., Sept. 15, 2008 (LAWFUEL) – The Securities and Exchange Commission today began accepting filings of Form D through the Internet as part of the agency’s overall efforts to reduce unnecessary paper filings and regulatory burdens, particularly for smaller companies. The new rules providing for online filing and simplification of Form D notices were […]

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Further Statement Regarding Recent Market Events and Lehman Brothers

(LAWFUEL) Washington, D.C., Sept. 15, 2008 – The decision by Lehman Brothers Holdings Inc. to file for protection under Chapter 11 of the bankruptcy laws is expected to lead to the winding down of Lehman Brothers Inc., its U.S. regulated broker-dealer, outside of bankruptcy. The accounts of Lehman’s U.S. retail securities customers are with the

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SEC Issues Statement Regarding Recent Market Events and Lehan Brothers

(LAWFUEL) Washington, D.C., Sept. 14, 2008 – The SEC announced this evening that it is working with Lehman Brothers to address the issues that it faces. In particular, the SEC is taking actions to ensure that customers of Lehman Brothers Inc., the U.S. regulated broker-dealer subsidiary of Lehman Brothers Holdings Inc., which holds the accounts

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Malaysian Man Arrested and Charged with Importing Heroin into Australia

(LAWLUEL) – A 25-year-old Malaysian man will appear in Southport Magistrates Court today charged with importing approximately two kilograms of heroin concealed in his luggage. After arriving at Gold Coast Airport on Saturday (13 September) on a flight from Kuala Lumpur, the man was stopped by Customs officers who conducted a search of his luggage

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Wall Street expected to spend today trying to contain the damage from a bankruptcy filing by Lehman Brothers (LEH) after the fourth-largest investment bank failed to find a buyer for its broken balance sheet over the weekend.

Mondays better not get any more manic than this. Wall Street expected to spend today trying to contain the damage from a bankruptcy filing by Lehman Brothers (LEH) after the fourth-largest investment bank failed to find a buyer for its broken balance sheet over the weekend. And that’s not all. There’s the distressed sale of

Wall Street expected to spend today trying to contain the damage from a bankruptcy filing by Lehman Brothers (LEH) after the fourth-largest investment bank failed to find a buyer for its broken balance sheet over the weekend. Read More »

Two lawyers for Chevron Corp., the second-largest U.S. energy company, were indicted in Quito, Ecuador, over allegations stemming from a cleanup of oil pits that’s now the subject of a multibillion dollar lawsuit.

Two lawyers for Chevron Corp., the second-largest U.S. energy company, were indicted in Quito, Ecuador, over allegations stemming from a cleanup of oil pits that’s now the subject of a multibillion dollar lawsuit. Texaco Inc., which Chevron acquired in 2001, drilled for oil in the Amazon region of Ecuador through the early 1990s, when it

Two lawyers for Chevron Corp., the second-largest U.S. energy company, were indicted in Quito, Ecuador, over allegations stemming from a cleanup of oil pits that’s now the subject of a multibillion dollar lawsuit. Read More »

Securities Fraud Class Action Against Synchronoss Technologies Inc

ENGLEWOOD CLIFFS, N.J., Sept. 13, 2008 (LAWFUEL) — The law firm of Gardy & Notis, LLP filed a securities fraud class action lawsuit on behalf of all investors who purchased or otherwise acquired Synchronoss Technologies, Inc. (Nasdaq:SNCR) securities for a class period between February 4, 2008 and June 9, 2008, inclusive. The lawsuit is pending

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DLA Piper Strengthens Italian Banking Team – Legal News & Legal Jobs wire

DLA PIPER STRENGTHENS ITALIAN BANKING TEAM Milan – DLA Piper has appointed Mario D’Ovidio as a partner to lead its Italian banking practice. Mario, who joins DLA Piper from Clifford Chance, will be based in Milan and report to Finance and Projects Location Head, Luigi Rizzi. Mario has extensive finance experience having advised local and

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