SEC Enhances Investor Protections Against Naked Short Selling

Washington, D.C., July 15, 2008 (LAWFUEL)– The Securities and Exchange Commission today issued an emergency order to enhance investor protections against “naked” short selling in the securities of Fannie Mae, Freddie Mac, and primary dealers at commercial and investment banks. The SEC’s order will require that anyone effecting a short sale in these securities arrange […]

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Boulder Company Charged Criminally For ‘Trading With The Enemy’

DENVER (LAWFUEL) – Platte River Associates, a Boulder company, was charged in U.S. District Court in Denver this afternoon by Information for trading with the enemy, the U.S. Department of Justice announced. The president of Platte River Associates, Jay E. Leonard, was charged in a separate Information in a different case for unauthorized access of

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Law Firm Announcement – Leading Life Sciences Attorney Joins Reed Smith in San Francisco

(July 15, 2008, San Francisco) – LAWFUEL – Reed Smith LLP, one of the 15 largest law firms in the world, today announced the addition of Sergio Garcia as a partner in the firm’s San Francisco office, effective immediately. Mr. Garcia had been a partner in the Corporate Group and Intellectual Property Group of Fenwick

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Class Action Lawsuit Filed on Behalf of Purchases of IndyMac Bancorp Inc. Common and Preferred Stock

PHILADELPHIA, July 15, 2008 (LAWFUEL) — Law Offices Bernard M. Gross, P.C. has commenced a class action lawsuit in the United States District Court, Central District of California, on behalf of purchasers of the common and preferred stock and preferred units of INDYMAC BANCORP, INC. (NYSE:IMB) between August 16, 2007 and May 12, 2008, inclusive

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SEC Chairman’s Testimony Concerning Recent Developments in US Financial Markets & Regulatory Responses

(LAWFUEL) – Testimony Concerning Recent Developments in U.S. Financial Markets and Regulatory Responses by Chairman Christopher Cox U.S. Securities and Exchange Commission Before the U.S. Senate Committee on Banking, Housing and Urban Affairs July 15, 2008 Chairman Dodd, Senator Shelby, and Members of the Committee: Thank you for this opportunity to describe the SEC’s actions

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Cruise Ship Passengers Rescued After Fall From Princess Cruise Liner

July 14, 2008 (Otto Smyth) According to reports by Princess Cruise Line accident lawyers at Ehline Law, a spokes person for Crown Princess, Julie Benson have released information in the latest cruise passengers to go overboard on one of their ships. This time it was the Princess Cruise’s Grand Princess that was approximately 150 miles

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A judge’s decision in favor of electronic commerce giant eBay on July 14 is being heralded as a victory for companies across the Internet that rely on advertising or the buying and selling of goods.

Score one for the Web. A judge’s decision in favor of electronic commerce giant eBay on July 14 is being heralded as a victory for companies across the Internet that rely on advertising or the buying and selling of goods. Luxury retailer Tiffany & Co. had sued eBay, accusing the site of not doing enough

A judge’s decision in favor of electronic commerce giant eBay on July 14 is being heralded as a victory for companies across the Internet that rely on advertising or the buying and selling of goods. Read More »

Winston & Strawn Wins Case For Puerto Rico Ports Authority Over $100 Million Damages

Ruling Establishes the Ports Authority as an Arm of the State Washington, DC, July 11, 2008 – Winston & Strawn has won an important victory before the US Court of Appeals – DC Circuit for its client the Puerto Rico Ports Authority (PRPA). The ruling on Wednesday ends three separate cases involving more than $100

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