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By John Sullivan, Advisorone |
March 19, 2012
The controversy over the Mets owners' involvement with Bernie Madoff came to a swift end on Monday as a $162 million settlement was reached just before trial.
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By Larry Neumeister, Associated Press |
March 16, 2012
A federal appeals court said Judge Rakoff likely overstepped his authority when he blocked the SEC's $285 million settlement with Citi over toxic mortgage securities.
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By John Sullivan, Advisorone |
March 5, 2012
Bad news for the New York Mets that goes way beyond their perennial bullpen issues: A judge ruled owners Fred Wilpon and Saul Katz will have to forfeit as much as $83 million in allegedly ill-gotten gains and will go to trial over another $303 million. Both findings are related...
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By Marlene Y. Satter |
December 23, 2011
Milwaukee Judge Randa’s objections are reminiscent of Judge Rakoff’s criticisms of the SEC’s settlement with Citigroup. Indeed, Randa cited Rakoff in his filing.
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By Gil Weinreich, AdvisorOne |
October 28, 2011
U.S. District Court Judge Jed Rakoff administered a mighty tongue-lashing to the SEC in a proposed settlement with Citigroup the same day his colleague on the bench Miriam Goldman Cedarbaum dismissed fraud charges against a JP Morgan executive.
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By James J. Green, AdvisorOne |
February 8, 2010
What's happening this week.
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By Kathleen McBride, AdvisorOne |
October 1, 2009
Bank of America CEO Ken Lewis announced that he would retire early from the bank at the end of the year.
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By Janet Levaux, AdvisorOne |
September 21, 2009
He believes there should be one and only one set of rules for all advisors, regardless of what type of broker-dealer or RIA arrangement they have.
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By Staff Writer |
September 1, 2009
The Securities and Exchange Commission announced a settlement August 3 against Bank of America for misleading investors about billions of dollars in bonuses that were...
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By Kathleen McBride, AdvisorOne |
August 14, 2009
Obama proposes reforms for OTC derivatives...Judge Jed Rakoff wants answers about Bank of America-Merrill bonuses...the Lewis Liman defense.