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Broker-Dealers: SEC Scratches Head
What is a broker-dealer? After years of studying Internet financial portals that offer financial services and products, the Securities and Exchange Commission is still looking for an answer. The portals typically contract with registered broker-dealers to advertise or market the broker-dealers' services and provide links to their Web sites, which makes the SEC nervous.SI Ruling Puts Pressure On Media Attorneys
Former University of Alabama football coach Mike Price is just four depositions away from securing the identities of anonymous sources whose descriptions in Sports Illustrated of his alleged sexual escapades preceded his 2003 firing, according to a federal appellate panel.Former Hollinger GC Passes the Buck in Fraud Trial
How does a general counsel stay out of jail if he's been accused of helping company executives line their pockets with millions of shareholder dollars? If he's Mark Kipnis, the former legal chief at Hollinger International, he pleads lack of experience and shifts the blame to the company's outside counsel. Pointing the finger may get Kipnis off -- he faces up to five years in prison -- but some experts say that his defense is the equivalent of career suicide.Lawyers Move to Disqualify Judges
Dozens of men over the years have alleged that Chicago cops used torture to elicit confessions. The word "torture" still hangs over the police department -- and, if a coalition of defense lawyers has its way, over the Chicago judiciary as well. The coalition is asking that all Cook County judges be disqualified from hearing the cases that include torture allegations. A court is expected to rule on the motions on Thursday.Black Verdicts Are In, but the Case Is Far From Over
Despite the guilty verdicts reached last week in the trial of media tycoon Conrad Black, there's still plenty of litigation to come for attorneys involved in cases related to alleged fraud at the former newspaper company Hollinger International. Hollinger, which has been renamed Sun-Times Media Group Inc., and former directors and executives of the company, still face a civil lawsuit brought by shareholders. In addition, the four defendants in the criminal case may seek to overturn their convictions.Trending Stories
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