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Former Detroit treasurer is target of criminal probe, refuses to answer
The Detroit News reports Monday (http://bit.ly/peN9YY) Jeff Beasley last month refused to answer many questions during a deposition in a lawsuit by city pension funds against an Alabama businessman, Donald Watkins. The transcript quotes Beasley's
Updated: 10/24/2011 10:30A
'Occupy' To Announce Possible Suit Vs. City
(KCRA) -- A news conference is scheduled for 10:30 am Monday, where civil rights lawyers are expected to announce a possible lawsuit against the city of Sacramento. The suit would be over First Amendment violations, according to a statement from Occupy
Updated: 10/24/2011 10:27A
Eddie Long Lawsuit: Businessman Accused of 'Ponzi' Scheme by New Birth Members
However, the investments went sour, leading to the depletion of at least $1 million of investors' savings. The lawsuit, filed by ten New Birth members, claims that not only was Taylor not licensed to sell investments, but that City Capital Corp. was
Updated: 10/24/2011 10:25A
Recall of Actos Not Recommended in Europe, Despite Bladder Cancer Risk
CHMP determined that while there was a risk of bladder cancer, there are still some diabetes patients for whom the risk was appropriate because other drugs fail to bring their diabetes under control. The committee recommended careful screening of
Updated: 10/24/2011 10:23A
Court Tosses Pension's Lawsuit Against Highland Capital
A lawsuit brought against Dallas-based investment advisor Highland Capital Management by the Houston Municipal Employees Pension System has been dismissed by a Delaware court. The Houston pension fund launched the suit after Highland announced three
Updated: 10/24/2011 10:23A
Overstock.com 'naked short selling' suit set for trial
Salt Lake City-based Overstock.com Inc. said its lawsuit over “naked short selling” against Goldman Sachs and Bank of America subsidiary Merrill Lynch is scheduled to begin March 5. The lawsuit, filed in 2007 in San Francisco, alleges the two companies
Updated: 10/24/2011 10:23A
Houston Municipal Lawsuit Against Highland Capital Dismissed
DALLAS, Oct. 24, 2011 /PRNewswire/ -- Highland Capital Management, LP, a Dallas-based, SEC-registered investment adviser with approximately $24 billion in assets under management, today announced that a prior lawsuit from the Houston Municipal
Updated: 10/24/2011 10:22A
Town opted for cheapest solution in settlement, statement suggests
A statement issued Friday afternoon by the Town in response to the settlement deal reached with its former Clerk, suggested it was to "avoid the continued expenditure of professional fees to defend the lawsuit." "It is disappointing that the Town and
Updated: 10/24/2011 10:18A
Federal Judge Rules Against Corn Processors In False Advertising Lawsuit
According to the lawsuit, consumers have increasingly sought to avoid products containing HFCS because of a wide range of health concerns. The lawsuit claims that the CRA has engaged in false advertising about these concerns. As part of this effort the
Updated: 10/24/2011 10:15A
Vanino port privatization auction dispute to be heard in court
A commercial court will hear on November 8 a lawsuit filed by the Federal Agency for State Property Management against Seltekhstroy for over 300 million rubles ($9.6 million). The suit centers on Seltekhstroy's alleged disruption of the state
Updated: 10/24/2011 10:14A
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