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June 10, 2008 |

Alston Set to Settle Malpractice Suit

Alston & Bird and the bankruptcy trustee for one of its former clients, Friedman's Jewelers, are on the verge of settling a suit over allegations that the firm committed legal malpractice. The suit and potential settlement grew out of the investment problems, bankruptcy reorganizations and other legal troubles -- including the criminal conviction of Friedman's former CEO and a guilty plea by a former director -- that for years have plagued what was once the nation's third-largest specialty jewelry retailer.
17 minute read
July 09, 2007 |

Florida court strikes limit on day laborer transportation fees

A Florida appellate court has ruled that a state law requiring that temporary labor staffing companies charge day laborers a "reasonable" transportation fee to worksites is unconstitutionally vague. The court upheld the dismissal of a plaintiff day laborer's suit brought under the Florida Labor Pool Act. An attorney for defendant Workers Temporary Staffing said the statute may nevertheless survive as it stands, because a subsequent section of the law outlines specific pricing amounts.
3 minute read
September 01, 2011 |

Bar Discipline: Former Rothstein partner disbarred for participation in fraud

Eight South Florida attorneys have been disciplined by the Florida Supreme Court, including lawyers who participated in $1 billion-plus frauds engineered by Scott Rothstein and Mutual Benefits executives.
2 minute read
May 19, 2011 |

Attorney pleads guilty in Mutual Benefits case

Michael McNerney pleaded guilty to conspiracy to commit mail and wire fraud, which carries a five-year prison term. Prosecutors have said Mutual Benefits was a $1 billion Ponzi scheme.
2 minute read
May 13, 2011 |

4th DCA overturns medical device marketing firm's award citing speculative evidence

Most of a $1.4 million jury award was overturned in a breach of contract case after the 4th District Court of Appeal concluded the evidence jurors relied on to compensate a small Florida-based medical device marketing firm was too speculative.
4 minute read
June 22, 2006 |

Deal Watch: Troutman partner serves up stock sales

TROUTMAN SANDERS partner W. Brinkley Dickerson Jr. has two securities offerings on his plate.Dickerson is advising American Safety Insurance Holdings Ltd. on its $50 million secondary stock offering. American Safety, which is domiciled in Bermuda but has its primary home office in Atlanta, is selling 3.2 million shares at an estimated $15.
5 minute read
January 07, 2009 |

Two Power Companies Agree to Disclose Climate Change Risks

For years, environmental and shareholder activists have pushed companies that generate greenhouse gases to disclose how climate change could affect their financial outlook.
4 minute read
January 12, 2009 |

Power Companies Reveal Climate Change Financial Risks

For years, environmental and shareholder activists have pushed companies that generate greenhouse gases to disclose how climate change could affect their financial outlook. Now, two operators of coal-burning power plants — Xcel Energy Inc. and Dynegy Inc. — have agreed to provide this information in their 10-k filings with the Securities and Exchange Commission.
4 minute read
December 30, 2008 |

Power Companies to Disclose Financial Risks of Climate Change

For years, environmental and shareholder activists have pushed companies that generate greenhouse gases to disclose how climate change could affect their financial outlook. Now, two operators of coal-burning power plants have agreed to provide this information in their 10-K filings with the Securities and Exchange Commission. It was New York's attorney general, not the SEC, that demanded the information, and experts say the agreements could create a new standard for environmental risk reporting.
4 minute read
August 26, 2011 |

Suspended attorney sentenced to five years in fraud case

Attorney Michael J. McNerney was sentenced to five years in prison today for his role in the $1.25 billion viatical fraud at Mutual Benefits.
1 minute read

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