0 results for 'New York Times Company'
2nd Circuit Rejects Morgan Stanley Investor's Late Suit
The 2nd Circuit has ruled that a plaintiff waited too long to file a complaint that a conflict of interest by Morgan Stanley analysts damaged his stock investment. The federal appeals court upheld the suit's dismissal on the grounds that the investor was on "inquiry" notice of the alleged conflict more than a year before he filed suit, based on such "storm warnings" as an article in Fortune magazine.BANKRUPTCY | Court limits state sovereign immunity, appellate review
The justices ruled, 5-4, that states don't enjoy sovereign immunity from suits by bankruptcy trustees seeking the return of preferential transfers.Former Gen Re Lawyer Could Face Life in Prison
Robert Graham, a former senior lawyer at General Re Corp., faces life in prison for doing what his defense attorney calls a "few hours work" on a fraudulent deal. Prosecutors want to sentence Graham to a "substantial" term -- up to 230 years behind bars -- because more than 250 American International Group investors lost at least $544 million from the fake deal with Gen Re. The defendants have countered with an expert who maintains that there was zero loss and no victims.L.A. Firms' Dirty Little Secret: Hourly Rates
The big firms are getting used to announcing gross revenues that have become, well, gross. They're begrudgingly willing to talk about partner draws that are moving to the million-dollar neighborhood. What the big law firms are still downright shy about are the building blocks of all that filthy lucre: billing rates. Los Angeles insiders don't want to go on the record about charging $500 for partners. Why? "When you start raising rates, you change the way lawyers view each other," says one recruiter.View more book results for the query "New York Times Company"
WordPerfect's Upgrade: Does It Matter?
Once dominant, the word processing software retains a tiny, and in some cases loyal, following.Bank of America dropped by Sallie Mae in favor of Barclays
Bank of America divested a $1.3 billion credit-card portfolio after SLM Corp. chose Barclays for its college-savings program.Trending Stories
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