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France: Prosecutors Recommend Termination of Case Targeting Former Vivendi CEO, Six Others. http://is.gd/h17V # Web Watch: Best Blog Posts and Columns For the Week Ending Jan. 23. http://is.gd/h0Qv # More on the Novel Administrative Claim Filed Against the SEC for Madoff Failings. http://is.gd/h0ds #
Prosecutors in Paris recommended Friday that a criminal case targeting former Vivendi Universal CEO Jean-Marie Messier (pictured) and six others be thrown out. The AP reports that Messier has faced fraud and other charges since June 2004. Other former top Vivendi officials charged in the case include ex-executive vice president Edgar Bronfman, Jr. Prosecutors reportedly […]
Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”): THE 10B-5 DAILY (Jan. 22, 2009): What Does Undue Mean To You? A new case sheds light on whether a plaintiff suffers undue prejudice if not provided with documents that have already been produced to a government agency. […]
For the CEO who has everything… Here’s a listing on Craigslist that will appeal to anyone who has been searching for that special $87,000 area rug. (If you have no idea what this post is referring to, please read this first). Read “Craigslist: Antique furniture from former CEO’s office- $1.22 M (Financial District)”
Securities litigators, you know we are always keeping an eye out for your future career options (i.e., “Bailout Plan Watchdog“), and here is one more: U.S. Senator. The NY Times reports that Gov. David A. Paterson has selected Representative Kirsten Gillibrand, a 42-year-old congresswoman from upstate New York, to fill the United States Senate seat […]
The SEC has now reportedly issued a subpoena to one employee — and is about to issue a subpoena to a second employee — of a group at Bernard Madoff’s firm that dealt with clients who deposited and redeemed funds from the firm. The WSJ reports that the subpoenas are part of the SEC’s effort […]
Thank you to Securities Docket website sponsors Citizens Bank, Administar Services Group LLC, and Alvarez & Marsal. Interested in becoming a Securities Docket sponsor? Click here. Citizens Bank is the only bank in the country with a specialized group for class action and regulatory settlements, serving law firms, regulators and claims administrators. Administar Services Group […]