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The 100 most influential lawyers in America
For the first time in six years, we offer our take on the country's most influential lawyers.Record Cash Sent To Balanced Funds
Investors are pumping record amounts of money into U.S. balanced funds, whose freedom to buy stocks and bonds made them barometers for gains in the biggest bull markets of the past half century.SEC approves Nasdaq's $62 million Facebook IPO settlement
The Securities and Exchange Commission approved Nasdaq's request to change its rules and expand the compensation pool for member firms in Facebook's May 18 initial public offering. The funds will go to traders who lost money after a design flaw in the exchange's computers.Lawyer Who Lost Client Funds Playing Stock Market Pleads Guilty to Fraud
A California lawyer who lost nearly all of a $2.5 million class action recovery by investing client trust funds in the stock market has pleaded guilty to criminal charges. Sandeep Baweja pleaded guilty Thursday to one count of wire fraud and one count of obstruction of justice. He faces a maximum sentence of 30 years in federal prison and fines of up to $500,000. "One of the worst things an attorney can do is to steal from his clients. Another is to lie to the court. Mr. Baweja did both," said the lead prosecutor.Wachtell Helps Knight Capital Avoid Collapse with Rescue Deal
Knight Capital Group has turned to Wachtell, Lipton, Rosen & Katz for special counsel in reaching an agreement with a group of investors on a $400 million financial lifeline to help prop up the embattled trading shop following a disastrous electronic trading mishap last week.Lawyers help wind up pitches for Cubs
AS BIDDERS LINE UP to make an offer for the Chicago Cubs, baseball's lovable losers who have been transformed into a playoff contender, attorneys are bringing together investors, readying financing packages and helping craft clients' pitches. There are at least six attorneys, or teams of lawyers, working to position their clients for a winning bid.Delaware is Seen as Venue of Choice for Sports Team Bankruptcies
The Dallas Stars filed for bankruptcy in Delaware last week, making the National Hockey League team the third professional sports franchise to file for bankruptcy in the state during the last two years.Trending Stories
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