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NY AG Cuomo creates multi-state task force to explore pension fund abuse. http://bit.ly/1aFZ74 #sdx # UK’s FSA orders banks to reassess flu contingency planning. http://bit.ly/fbw9U #sdx # Stanford “Fails” in Effort to Surrender to U.S. Marshals. http://bit.ly/yCMAf #sdx # Additional $100 Million Said To Be Missing From Satyam. http://bit.ly/2K3wDx #sdx # Stanford Tries, Fails to […]
Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”): THE D&O DIARY (May 1, 2009): Will TARP Money Fund Securities Lawsuit Settlements? A recent suggestion that TARP money will fund securities lawsuit settlements disregards the existence of D&O insurance, E&O insurance, and fiduciary liability insurance, which will […]
Following his recent media blitz, Texas financier and SEC defendant R. Allen Stanford attempted to “surrender” to the U.S. Marshal’s office in Houston yesterday, but had no luck. Bloomberg reports that according to Stanford’s lawyer, Dick DeGuerin, Stanford told the marshals he had come “to surrender, if you’ve got a warrant’’ and was simply told […]
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