0 results for ''Morvillo Abramowitz Grand''
Regulators scrutinizing Facebook after IPO mess, but lawyers doubt tough penalties to follow
In the wake of its botched initial public offering, Facebook is facing uncommonly swift regulatory scrutiny on multiple fronts. Still, securities lawyers say it's unlikely the social media giant and its lead underwriter Morgan Stanley Smith Barney will face serious penalties from the government.
Criminal Prosecutions Predicted to Surge Over Financial Crisis
With public anger reaching a boiling point over plunging stock prices and Wall Street "greed," white-collar defense attorneys are preparing for an inevitable surge in criminal prosecutions. Some defense attorneys say they are confident that prosecutors will act responsibly, but other lawyers are concerned that the current climate could affect investigations. "If we saw hostility in [the] Enron climate, we are going to see hostility by a magnitude of tenfold" here, says attorney Mark C. Zauderer.Lawyers 'Flying Blind' On Options Penalties
The stock-options backdating scandal has produced 16 criminal prosecutions, 100 corporate earnings restatements totaling $12.4 billion, and the disclosure that 220 companies have been subject to internal or federal investigations. It has also produced some very nervous white-collar criminal defense lawyers . . .Comverse Case Is First Backdating Probe to Target In-House Counsel
A case developing in the Brooklyn U.S. Attorney's Office against former executives of Comverse Technology may give the first glimpse into one of the most pressing questions of the stock options backdating probe: How does it affect the lawyers? It's the first case to focus on an in-house lawyer, a dynamic expected in many backdating suits, and may prove more typical of the pace at which federal prosecutors move in the 80 or so backdating investigations.Serino, plaintiffs v. Lipper, defendants-appellants-respondents
Continuous Representation Doctrine Does Not Extend Accrual Date of Untimely Accounting Malpractice ClaimsTrending Stories
- 1Joshua Wright's $108M Defamation Case Against Former Students to Proceed to Trial
- 2Future of Litigation: Keeping Pace with the Rapid Rate of Change
- 3AI: Looking at Its Impact on the Legal Profession in 2025 and Beyond
- 4How Attorney Titles in Big Law Can Mean Everything, and Nothing, All at Once
- 5AI/IP Issues Part 1: State of the Law and Anticipating Issues Including Licensing Concerns
More from ALM
- Morgan & Morgan Class Action Attorneys Detail Pathway to Success Within Cybersecurity and Data Privacy Practice 1 minute read
- Holwell Shuster & Goldberg Partners Leverage 'Hostile' Witnesses to Secure $101 Million Verdict Against Walmart 1 minute read
- Legal Speak at General Counsel Conference Midwest 2024: Mike Andolina, Partner, White & Case 1 minute read
Resources
Unlocking the Power of Early Case Assessment Workflows
Brought to you by Integreon
Download Now
Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
Brought to you by LexisNexis®
Download Now
Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
Brought to you by Gallagher
Download Now
State AI Legislation Is on the Move in 2024
Brought to you by LexisNexis®
Download Now