Daily Archives: January 26, 2009, 11:59 pm

Securities Docket News Wire for Jan. 26, 2009

SEC’s Linda Thomsen and Lori Richards Among Those Set to Testify in Senate Madoff Hearing Tuesday. http://is.gd/hi8p # NERA Report: Trends in Canadian Securities Class Actions: 1997-2008, Canada Strikes its Own Course. http://is.gd/hi0Q # Madoff clients who made money told to “lay low.” http://is.gd/hhX4 # FINRA Probing U.S. Brokerages That Referred Customers to Madoff. http://is.gd/hhzY # Israel: Elbit Imaging Ltd.…

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SEC’s Linda Thomsen and Lori Richards Among Those Set to Testify in Senate Madoff Hearing Tuesday

Linda Thomsen, the SEC’s Director of Enforcement, and Lori Richards, the SEC’s Director of the Office of Compliance, Inspections and Examinations will testify at a Congressional hearing on Tuesday of this week into Bernard Madoff’s alleged $50 billion fraud, the Senate Banking Committee said on Monday. According to the Senate Banking Committee’s website, the full roster of people set to…

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Court in Xerox Securities Class Action Settlement Awards $120 Million in Attorneys’ Fees

On January 14, Judge Alvin W. Thompson of the U.S. District Court in Connecticut awarded plaintiffs’ counsel $120 million in attorneys’ fees, plus $3.3 million in costs, in the securities class action settlement in the Xerox case.  The Connecticut Law Tribune reports that the award relates to the $750 million settlement that Xerox agreed to pay to investors to resolve…

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Former U.S. Attorney Chuck Rosenberg Joins Hogan & Hartson in DC

Chuck Rosenberg, former United States Attorney for the Eastern District of Virginia, has joined law firm Hogan & Hartson as a partner in the firm’s Washington, DC office.  The firm announced that Rosenberg has joined its litigation practice group and will focus his practice on federal white collar criminal defense, internal investigations, and civil litigation. Prior to being U.S. Attorney…

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