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Galleon SEC judge wants to try case in five months
The judge presiding over the U.S. Securities and Exchange Commission’s lawsuit against Galleon Management, whose founder Raj Rajaratnam faces criminal charges, said he wants the civil case ready for trial within five months. U.S. District Judge Jed Rakoff in New York on Monday scheduled a conference in the case for Nov. 4. He also ordered […]
Rakoff a stickler on fairness, transparency
Jed Rakoff, the federal judge who rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America Corp. over Merrill Lynch & Co. bonuses, is a stickler for fairness and transparency. His ruling this week in the Bank of America case came six years after he pressured WorldCom Inc. to pay […]
GE’s fraud case could use a judge gone wild
Finally a judge has dared say no to the once-venerable Securities and Exchange Commission and one of its cozy corporate settlements. If that wasn’t novel enough, this fellow first had the nerve to ask the SEC a bunch of questions about the way it does its business. Turns out, he got a lot of embarrassing […]
Judge renews criticism of portfolio monitoring
A federal judge renewed his criticism of law firms’ monitoring retirement-fund portfolios for fraud because the practice may spur questionable lawsuits. U.S. District Judge Jed Rakoff in New York criticized the practice in an opinion Tuesday. He had previously expressed his concern about so-called portfolio monitoring in an April 1 hearing in the case, during […]
Dreier pleads not guilty
Marc Dreier, the New York law firm founder charged with selling phony promissory notes to hedge funds, pleaded not guilty Thursday to a charge that he laundered $700 million as part of the alleged scheme. The money-laundering charge was added to the criminal case against Dreier on March 17. He previously pleaded not guilty to […]
Latest Opinion Digests
- Criminal Law: Child Abuse-Sufficiency Of Evidence-Closing Argument
- Civil Rights: Religious Freedom-RLUIPA-Res Judicata
- Civil Practice: Res Judicata-Stop Work Order
- Immigration: Drug Conviction-Removability-Overbreadth of State Offense
- Civil Practice: Asset Forfeiture-Sanctions
- Civil Rights: Due Process-Failure to State Claim
- Probate : Revocable Trust – Amendment – Reformation
- Employer – Employee : Unpaid Commissions – At-Will Status
- Criminal Law : Post-Conviction Relief – Effectiveness Of Counsel – Conflict Of Interest
- Appellate Practice : Jurisdiction – Final Judgment
- Domestic Relations : Parenting Plan – Child Support
- Criminal Law : Post-Conviction Relief – Guilty Plea – Sentence Advice
Top stories
- Supreme Court hears challenge to KC police funding
- Missouri Lawyers Media’s legal coverage commended
- Cole County prosecutor loses third Sunshine Law appeal
- Supreme Court weighs lagging symptoms in work comp case
- New accommodation rights for pregnant workers offer broad protections
- Clark named as next Eastern District chief judge
- Russell reflects on change as women take charge of Missouri’s legal system
- NCAA scores positive gender equity review from St. Louis firm
