Recent Updates
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Law Firm Urges SEC To Be Aggressive In Attacking Rumors
Headline News 07/15/2008U.S. securities regulators need to be more aggressive in attacking manipulative rumor-mongering and short selling abuses, a prominent New York law firm said Monday.In a memo to clients, Wachtell, Lipton, Rosen & Katz urged the Securities and Exch...
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Ages of Supreme Court justices and recent retirees
Headline News 07/13/2008The members of the Supreme Court, by age:John Paul Stevens, 88Ruth Bader Ginsburg, 75Antonin Scalia, 72Anthony Kennedy, 71Stephen Breyer, 69David Souter, 68Clarence Thomas, 60Samuel Alito, 58John Roberts, 53The last 10 justices to leave the Supreme C...
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GOAA member's firm target of lawsuit
Headline News 07/09/2008A class-action lawsuit filed June 26 in U.S. District Court in Miami accuses an Orlando law firm founded by a member of the Greater Orlando Aviation Authority of racketeering by sending threatening letters that demand money from alleged shoplifters. ...
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After DC gun ban overturned, city seeks new rules
Headline News 07/07/2008Dale Metta, who manages a gun shop just outside the District of Columbia limits in Maryland, has had to turn away dozens of city residents wanting to buy handguns in recent days. Never mind that the U.S. Supreme Court just struck down Washington's 32...
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NY drops claims against Grasso after court defeat
Headline News 07/02/2008The four-year legal battle over former NYSE Chairman Richard Grasso's $187.5 million compensation package ended Tuesday when a New York appeals court dismissed claims against him of excessive pay and the state's top prosecutor said the case was close...
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Nossaman merges with D.C.-based law firm
Headline News 06/30/2008Nossaman Guthner Knox & Elliott LLP plans to merge with O'Connor & Hannan LLP. O'Connor & Hannan LLP, a D.C.-based firm with 23 attorneys and lobbyists at 1666 K St. NW, will rename as Nossaman LLP/O'Connor & Hannan and have more than...
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NY's court affirms dropping 4 claims against Grasso
Headline News 06/25/2008New York's top court has affirmed dropping four claims against former chairman New York Stock Exchange Chairman Richard Grasso, dealing a major setback to the legacy of former state Attorney General Eliot Spitzer.Two claims remain against Grasso's $1...
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Court rules against long-distance companies
Headline News 06/23/2008The Supreme Court ruled Monday that a collection agency with no financial stake in a case can sue on behalf of its customers.The 5-4 decision addresses a basic legal point, that courts can only hear cases when plaintiffs suffer actual injuries that a...
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JC law firm, state reach pension suit settlement
Headline News 06/19/2008A Johnson City law firm will pay $100,000 to the state and has agreed to help authorities in their probe of the firm's founder, John Hogan, to end an investigation by Attorney General Andrew Cuomo into whether lawyers were inappropriately receiving s...
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$75M settlement meant to punish Milberg law firm
Headline News 06/18/2008The Milberg law firm has admitted former partners paid about $11.3 million in kickbacks to professional plaintiffs in class-action cases that brought it roughly $239 million in legal fees, the U.S. attorney's office said.The admission came as part of...
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New trial for official in Abramoff scandal
Headline News 06/17/2008The first Bush administration official convicted in the Jack Abramoff lobbying scandal is entitled to a new trial, a federal appeals court ruled Tuesday.David Safavian, the former chief of staff for the General Services Administration, was convicted ...
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Internet suicide case goes to federal court
Headline News 06/16/2008A Missouri woman accused of taking part in a MySpace hoax that ended with a 13-year-old girl's suicide has so far avoided state charges — but not federal ones.Lori Drew, 49, a neighbor of the dead teen, was to make an appearance in federal court here...