Class Action Lawsuit Announced Against Arbitron Inc. by Schatz Nobel Izard

HARTFORD, Conn., May 1, 2008 (Lawfuel) — The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of New York on behalf of all […]

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IRS Seeks Applications for Advisory Council

WASHINGTON (Lawfuel) –– The Internal Revenue Service today announced it seeks applications for its broad-based private-sector advisory panel, the Internal Revenue Service Advisory Council (IRSAC), which provides important feedback and recommendations regarding tax administration. The 30-member panel is a diverse slice of the tax professional community including tax attorneys, certified public accountants, enrolled agents, enrolled

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Another Defendant Sentenced in “High Yield” Investment Fraud

DENVER (Lawfuel) – Charles Lewis, age 72, of Littleton, Colorado, was sentenced yesterday by U.S. District Court Judge Robert E. Blackburn to serve 30 years in federal prison for his role in a fraudulent “high yield investment scheme.” Lewis was also ordered to pay restitution to the victims of the crime, although the court deferred

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Three Campers from Texas Charged with Starting the X Fire Near The Grand Canyon

FLAGSTAFF, Ariz. (Lawfuel) – Federal charges were filed today against three campers from Texas for allegedly leaving their campfire unattended therefore causing what is known as the X Fire in the Kaibab National Forest near the southern boundary of Grand Canyon National Park in northern Arizona. Daniel Alan Burroughs, 23, of Tatum, Texas; Michael Zachary

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Settled Enforce Action filed Against Banc of America Investment Services by SEC

Washington, D.C., May 1, 2008 (Lawfuel) – The Securities and Exchange Commission today filed a settled enforcement action against Banc of America Investment Services, Inc. (BAISI) for failing to disclose to clients that in selecting investments for discretionary mutual fund wrap fee accounts, it favored two mutual funds affiliated with BAISI. The SEC also charged

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Investigation Continuing into Trading Practices and Supervision by Citigroup

Notice to All Investors of Citigroup’s ASTA/MAT, Falcon Strategies and CSO Partners Funds From the Securities Law Firm of Klayman & Toskes NEW YORK, May 1, 2008 (Lawfuel) — The Securities Law Firm of Klayman & Toskes, P.A. (“K&T”) (http://www.nasd-law.com) announced today that it is continuing its investigation of the trading practices and supervision by

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SEC Charges McCann-Erickson Worldwide with Account Fraud

Washington, D.C., May 1, 2008 (Lawfuel) – The Securities and Exchange Commission today filed enforcement actions against global advertising network McCann-Erickson Worldwide, its parent company, and two former executives for their roles in an accounting fraud involving intercompany transactions. The SEC’s complaint alleges that McCann, which owns hundreds of regional and local advertising agencies throughout

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Clifford Chance Advises Warburg Pincus on £565 million Acquisition

International law firm Clifford Chance is advising Warburg Pincus on the acquisition of Safetykleen Europe, a pan-European industrial service provider from funds affiliated with J.P. Morgan Partners, LLC and advised by CCMP Capital Advisors, LLC for £565 million. Clifford Chance Partner Spencer Baylin comments: “This was a fantastic collaborative effort between the Warburg Pincus and

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Law Firm Greenberg Traurig Receives Award from Easter Seals of New York

NY, New York, April 30, 2008 – The international law firm Greenberg Traurig was honored by Easter Seals of New York. The firm is receiving the Lilli and Allan Shedlin Award for its work in improving the Easter Seals’ Senior Community Service Employment Program (SCSEP), its work with the Bronx Child Development Center, and its

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The winds of change are howling around the legal industry. The ecosystem of legal services — that marketplace in which traditional firms, boutique firms, temp agencies and outsourcers vie for the work of corporate legal departments — is in the midst of a significant evolution.

As general counsel, the buyers of legal services, continue to face increasing cost pressures, they are flexing their considerable muscle to fundamentally alter their relationships with these providers to extract greater value for each dollar spent. For a handful of the most successful traditional law firms, this environment brings an opportunity to adapt, differentiate and

The winds of change are howling around the legal industry. The ecosystem of legal services — that marketplace in which traditional firms, boutique firms, temp agencies and outsourcers vie for the work of corporate legal departments — is in the midst of a significant evolution. Read More »

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