(LAWFUEL) – Testimony Concerning Oversight of Risk Management at Investment Banks Erik Sirri, Director, Division of Trading and Markets U.S. Securities & Exchange Commission Before the Subcommittee on Securities, Insurance, and Investment Committee on Banking, Housing, and Urban Affairs United States Senate June 19, 2008 Chairman Reed, Ranking Member Allard, and Members of the Subcommittee: […]

NEW YORK, June 19, 2008 (LAWFUEL) — A four-law firm legal team (www.subprimelosses.com) with nationally recognized securities law experience, asserts that the criminal indictments that were announced today of the former managers of the Bear Stearns hedge funds show that the game was rigged and that the interests of investors were sacrificed so that the

Washington, D.C., June 19, 2008 (LAWFUEL) – The Securities and Exchange Commission today charged two former Bear Stearns Asset Management (BSAM) portfolio managers for fraudulently misleading investors about the financial state of the firm’s two largest hedge funds and their exposure to subprime mortgage-backed securities before the collapse of the funds in June 2007. The

WASHINGTON (LAWFUEL) — The Internal Revenue Service today announced a new summer campaign to reach those retirees and disabled veterans who qualify for the economic stimulus payment but have not filed to claim it. New statistics released today indicate about 74 percent in this group are accounted for in the stimulus payments currently being sent,

HOUSTON (LAWFUEL) – Haynes and Boone, LLP lawyer Robert Levy has been awarded the Ben Susholtz Young Leadership Award by the Jewish Federation of Greater Houston in recognition of his commitment to preserving Jewish communal life through leadership and activism. The Young Leadership Awards are given to men and women who have demonstrated a commitment

(LAWFUEL) – The U.S. Securities and Exchange Commission announced the temporary suspension of trading of the securities of the following three issuers, commencing at 9:30 a.m. EDT on June 19, 2008 and terminating at 11:59 p.m. EDT on July 2, 2008: Kafus Industries, Ltd. (KSEVQ) Kevco, Inc. (KVCOQ) Kings Road Entertainment, Inc. (KREN) The Commission

ATLANTA (JUNE 19) — Kilpatrick Stockton announced today that the firm earned the highest recognition in the 2008 edition of Chambers USA: America’s Leading Lawyers for Business. In total, 56 Kilpatrick Stockton attorneys made this prestigious list. Several Kilpatrick Stockton attorneys are listed as #1 in their respective practice areas: Miles Alexander, Intellectual Property; Brian

LOS ANGELES, June 18, 2008 (LAWFUEL) — Liner Yankelevitz Sunshine & Regenstreif LLP (“LYS&R”) has commenced an investigation relating to Lehman Brothers (“Lehman” or the “Company”) and potential violations of the Employee Retirement Income Security Act of 1974 (“ERISA”). The investigation concerns investments in Lehman’s stock in the Lehman Brothers Savings Plan (the “Plan”). LYS&R

DALLAS (LAWFUEL) – Haynes and Boone, LLP was once again widely recognized by Chambers USA in its annual law firm rankings. A total of 33 firm lawyers in 19 separate areas of practice were designated by their clients and legal peers as being among the top lawyers in the nation. The firm was also honored

DENVER (LAWFUEL) – U.S. Attorney Troy Eid of Colorado, and James Davis, Special Agent of the Federal Bureau of Investigation (FBI) in Denver, announced that Christina Elizabeth Szele, age 35, of Woodside, New York, has been charged by Criminal Complaint for assault and interference with flight attendants. Szele is in federal custody, and made her