Recent Updates

  • IRS Procedures that May Save you Money

    IRS Procedures that May Save you Money

    Litigation Reports 02/03/2009

    Many companies are experiencing a downturn in business because of the deepening economic crisis. Corporations suffering in today’s difficult business environment may have an immediate need for funds for various purposes, including continued operation...

  • Turkey Stole Insurance Money From Genocide Victims

    Turkey Stole Insurance Money From Genocide Victims

    Litigation Reports 09/17/2008

    After killing an estimated 1.5 million Armenians during World War I, the government of Turkey had the nerve to demand the benefits from its victims' insurance policies, the victims' descendants say in a class action against four British insurance com...

  • Receiver Says Moviemaker Defrauded Bayou Hedge Fund

    Receiver Says Moviemaker Defrauded Bayou Hedge Fund

    Litigation Reports 09/16/2008

    Kroll Inc., the court-appointed receiver for the defunct Bayou Hedge Fund, sued movie producer Steven Brown, claiming he used more than $3 million that should have gone to repay Bayou's investment in a new movie. Kroll also sued the attorney who help...

  • Bear Stearns Will Pay $28 Million

    Bear Stearns Will Pay $28 Million

    Litigation Reports 09/10/2008

    Bear Stearns and subsidiary EMC Mortgage on Tuesday agreed to pay $28 million in settlement with the Federal Trade Commission, on charges of defrauding tens of thousands of home loan customers and violating four sets of federal laws. "The companies v...

  • Janus Shells Out $18 Million, on SEC Orders

    Janus Shells Out $18 Million, on SEC Orders

    Litigation Reports 08/19/2008

    Janus Capital Management, an investment advisor to Janus Mutual Funds, reimbursed $18 million to more than 325,000 defrauded shareholders late last week as a first step in paying back more than $100 million, as ordered by the Securities and Exchange ...