Daily Archives: May 21, 2009, 4:15 pm

Thank You to Our Sponsors: Alvarez & Marsal and BDO Consulting

Thank you to Securities Docket website sponsors Alvarez & Marsal and BDO Consulting. Interested in becoming a Securities Docket sponsor? Click here. For 25 years, Alvarez & Marsal has set the standard for working with organizations to tackle complex issues, boost performance and maximize value for stakeholders. Alvarez & Marsal Dispute Analysis & Forensic Services (DA&F) professionals provide critical assistance…

Read More

Defendant Says One Person Who Can Find Requested Document is “Away and We Don’t Know When He’s Going to Come Back”

In Australia, AWB Ltd is pushing to delay a $60 million shareholder class action because it contends that it will still be sifting through 26,000 pages of documents on the proposed trial date of September 7.  AWB told the Federal Court yesterday that shareholders would have to limit their demands for documents if they wanted a timely trial. One of…

Read More

Mass. Senators Recommend Carmen Ortiz as U.S. Attorney

Carmen M. Ortiz has been recommended to President Obama as the first woman and the first Hispanic US attorney in the state of Massachusetts. The Boston Globe reports that Senators Edward M. Kennedy and John F. Kerry recommended yesterday that President Obama nominate Ortiz to the post. Ortiz has worked in the US attorney’s office in Massachusetts for the past…

Read More

“TUI”: Trading Under the Influence

In the UK, the resurgent FSA brought another headline-grabbing case yesterday against David Redmond, a freight and oil trader in Morgan Stanley’s Commodities Division in London. The FSA’s report states that on February 6, 2008, “Mr Redmond took an extended lunch break between 13.14 and 16.41 and it appears that this affected his behaviour on his return to the office,…

Read More