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The two men are fighting charges that they gave an overly rosy picture of IndyMac's condition before it collapsed in 2008. Lawyers for the two call the allegations weak and meritless. A third defendant has settled with the Securities and Exchange Commission.
Pro Bono: Public Interest Projects
Thirteen attorneys from nine law firms who worked as counsel for victims of domestic violence have been honored by Sanctuary for Families. Also, next week marks the 30th anniversary of one New York City lawyer's annual fast, and one lawyer's devotion to the cause of Oxfam America. Read these stories and more news on local pro bono efforts.Chancellor Leo Strine Jr. ruled on Tuesday that companies can designate Delaware as the exclusive forum for shareholder derivative lawsuits. The decision is expected to make it easier and cheaper for corporations to defend themselves against such suits.
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