SEC Moves to Protect Seniors from Fraudulent & Abusive Practices in Sale of Equity Indexed Annuities

Washington, D.C., June 26, 2008 (LAWFUEL) – The Securities and Exchange Commission has published for public comment a proposed new rule that would protect seniors and other investors from fraudulent and abusive practices in the sale of equity indexed annuities. Equity indexed annuities are often sold to seniors, for whom they may be unsuitable investments […]

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Dallas Law Firm Munck Carter Adds Attorney to Litigation Section

DALLAS (LAWFUEL) – Dallas based technology law firm of Munck Carter, P.C., is pleased to announce that attorney Andrea M. Swift has joined the firm’s litigation section. “Andrea is a tremendously talented young lawyer,” says Jamil N. Alibhai, chairman of the firm’s litigation section. “She brings energy, enthusiasm and fresh ideas that will greatly benefit

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SEC Proposes Rule Changes to Modernize Oil and Gas Reporting Requirements

Washington, D.C., June 26, 2008 (LAWFUEL) – The Securities and Exchange Commission today announced that it has proposed revised oil and gas company reporting requirements to help provide investors with a more accurate and useful picture of the oil and gas reserves that a company holds. The SEC’s rule proposal reflects the significant changes that

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Attorney Working For Immigration Agency Arrested For Taking Bribes From Prospective Immigrants

LAWFUEL – A senior attorney with U.S. Immigration and Customs Enforcement (ICE) was arrested today after allegedly taking a $20,000 bribe from an immigrant seeking documentation to remain in the United States. ICE Assistant Chief Counsel Constantine Peter Kallas, 38, and his wife, Maria Kallas, 39, both of Alta Loma, were arrested this afternoon by

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UK Legal Announcement – Stiefel Laboratories, Inc. chooses Eversheds as preferred European legal advisor

LawFuel – International law firm Eversheds has been appointed by Stiefel Laboratories, Inc. as its preferred European Legal Advisor. Stiefel, headquartered in South Florida, is the world’s largest independent pharmaceutical company specializing in dermatology. Eversheds will be responsible for providing a full range of services for Stiefel’s European legal work. Stiefel has subsidiaries and local

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Metro Denver Men Sentenced to Federal Prison for 6 Violent Bank Robberies

DENVER (LAWFUEL) – Two Metro Denver men have been sentenced for a string of violent bank robberies, and for being felons in possession of firearms. Frabrizio Rosero, age 45, and Richard Kim, age 28, were sentenced by U.S. District Court Judge Robert E. Blackburn to serve prison sentences for their crimes. Both defendants were in

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Harwood Feffer LLP Announces Its Investigation Relating to the American Express Incentive Savings Plan 401(k)

NEW YORK, June 26, 2008 (LAWFUEL) — The law firm of Harwood Feffer LLP announces its investigation of possible violations of the Employee Retirement Income Security Act of 1974 (“ERISA”) by the American Express Company (“American Express”) (NYSE:AXP) and certain of its officers, directors, and employees. Specifically, Harwood Feffer is investigating whether certain fiduciaries of

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A grueling legal and environmental odyssey came to a climactic conclusion Wednesday when the U.S. Supreme Court sliced punitive damages from the 1979 Exxon Valdez oil spill to $507 million — a tenth of what a jury awarded 14 years ago.

The grueling legal and environmental odyssey for Alaska fishermen and the Minneapolis law firm of Faegre & Benson came to a climactic conclusion Wednesday when the U.S. Supreme Court sliced punitive damages from the 1979 Exxon Valdez oil spill to $507 million — a tenth of what a jury awarded 14 years ago. Under Wednesday’s

A grueling legal and environmental odyssey came to a climactic conclusion Wednesday when the U.S. Supreme Court sliced punitive damages from the 1979 Exxon Valdez oil spill to $507 million — a tenth of what a jury awarded 14 years ago. Read More »

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