News

May 22, 2013

CQ | May 22, 2013
A House panel backed a measure Tuesday seeking to increase transparency of asbestos exposure claims by requiring reports of payouts from trusts that pay claims of asbestos-related injuries.
Tags: Asbestos
MoneyBeat | May 22, 2013
The monitor of a $25 billion national mortgage settlement with the five largest mortgage servicers said Tuesday he’s looking into potential violations of the agreement.
Corporate Counsel | May 22, 2013
A recent opinion from the Southern District of New York interpreting the "means of interstate commerce" under the Foreign Corrupt Practices Act (FCPA) has opened the door for the United States federal judiciary to exercise jurisdiction over virtually any Internet communication, even when the communication both originates and terminates outside the physical jurisdiction of the United States.
FuelFix | May 22, 2013
Individuals, businesses and states suing over the 2010 Gulf of Mexico oil spill are trying to prevent cement contractor Halliburton and rig owner Transocean from pulling the rug out from under their case before a federal judge rules on whether the companies were grossly negligent.
Wall Street Journal | May 22, 2013
Federal prosecutors are considering charging hedge fund SAC Capital Advisors LP as a criminal enterprise through a powerful legal tool used against the Mafia and drug gangs, people familiar with the probe said.
New York Times | May 22, 2013
One of the nation’s largest brokerage firms, LPL Financial, is paying $7.5 million to settle accusations that it made misstatements to regulators and failed to supervise its brokers’ communications properly.
Wall Street Journal | May 22, 2013
It took almost no imagination to pretend that the nameless Rutgers University quarterback in the popular EA Sports NCAA Football videogame was Ryan Hart.