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Join the Securities Litigation and Enforcement Group on LinkedInSecurities Docket News Wire for March 10, 2009
Copy of criminal information filed today against Bernard Madoff. http://is.gd/mO5L # Securities class action lawsuit filed against Century Aluminum Co. in the U.S. District Court for the N.D. of California. http://is.gd/mK51 # Australia: Busy Times for Class Action Litigation Funder IMF (Australia). http://is.gd/mG1A #
Former AUSA Edward O’Callaghan Joins Nixon Peabody in New York
Edward C. O’Callaghan has joined law firm Nixon Peabody as a partner in the firm’s New York City office. The firm announced today that O’Callaghan (pictured) has joined its Government Investigations and White Collar Defense Practice Group. O’Callaghan previously spent nearly a decade as an assistant United States attorney for the Southern District of New […]
Tomorrow’s Webcast (March 11 )— The Subprime Boomerang: After the Writedowns Comes the Litigation
On March 11, 2009, Navigant Consulting is sponsoring a webcast entitled “The Subprime Boomerang: After the Writedowns Comes the Litigation” that will examine the landslide of subprime litigation that is now upon us. It’s been two years since concerns over subprime mortgages threw off the early sparks that eventually grew into the current global credit […]
Former CEO of KB Home Indicted for Fraud Related to Options Backdating
Bruce E. Karatz, the former CEO of KB Home, has been indicted and charged with 20 counts of defrauding the Los Angeles homebuilder and its shareholders by awarding himself and others with millions of dollars worth of undisclosed backdated stock options.The NLJ reports that in the indictment returned on Thursday, Karatz is charged with concealing […]
Australia: Busy Times for Class Action Litigation Funder IMF (Australia)
In Australia, phones are ringing off the hook at class action litigation funder IMF (Australia) Ltd. IMF board member Hugh McLernon says IMF has experienced an “exponential” rise in the number of calls from shareholders who believe they have a claim against corporations since the bear market began, WA Today reports. IMF, Australia’s largest litigation […]