Search Results for: legal
SEC’s Insider-Trading Case Against Obus Revived on Appeal
May 20th, 2014
Wynnefield Capital Inc.’s Nelson Obus traded on confidential information to make $1.3 million for his hedge fund and confessed to it twice, a lawyer for the U.S. Securities and Exchange Commission said in a civil trial of Obus and ...
CySec: acquisition of Administrative Services Providers (ASP) licence
May 19th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence to operate as Administrative Services Providers (ASP): Cyproman Services Ltd V.M.L. Venture Management Ltd Feldmans ...
Roberts Reunites High Court Majority After Obamacare Vote
May 19th, 2014
The U.S. Supreme Court’s conservative majority is back to being the conservative majority. Two years after the court upheld President Barack Obama’s health-care law and a year after it bolstered gay rights, the five Republican-appointed justices are voting together ...
CySec on EU regulation about Ukraine
May 16th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities) about the publication in the Official Journal of the European Union the following: 1. Council Regulation ...
Clifford Chance, Eversheds and Allen & Overy triumph at Middle East awards
May 16th, 2014
Clifford Chance (CC), Eversheds and Allen & Overy (A&O) were the main law firm winners at the third annual Corporate Counsel Middle East Awards last night (15 May), which saw CC named International Law Firm of the Year, while ...
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
Bitcoin consumer platform debuts at Circle
May 16th, 2014
Starting Friday at 5:30 a.m. ET, Bitcoin start-up Circle is launching a Web platform that will allow consumers to purchase Bitcoin in any amount they choose and then use that Bitcoin to spend on online shopping, at restaurants and ...
CySec: acquisition of Administrative Services Providers (ASP) licence
May 15th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec license to operate as Administrative Services Providers (ASP): AK Orion Trust Limited Stradlic Ltd Therefore, they ...
SEC Charges Three Sales Managers With Insider Trading Ahead of Major Acquisition
May 13th, 2014
The U.S. Securities and Exchange Commission has charged three former sales managers at San Diego-based Qualcomm Inc. with insider trading ahead of a major acquisition announcement. The SEC alleges that Derek Cohen, Robert Herman, and Michael Fleischli learned through ...
London’s Latest Boom Is in Billionaires
May 13th, 2014
Tucked into the U.K, the world’s seventh-richest country with an annual GDP of about $2.5 trillion, is an island of rich people with its own subculture, customs, habits and proclivities. London now has more billionaires than any other city ...
