Brad Karp News
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Federal securities class-action filings decreased by about 10 percent last year from 2011, PricewaterhouseCoopers found in its 17th annual Securities Litigation Study published yesterday. There were 172 cases in 2012, compared with 191 cases in 2011, with a significant drop in the fourth quarter of 2012.
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Federal securities class action filings decreased by about 10 percent last year from 2011, PricewaterhouseCoopers found in its 17th annual Securities Litigation Study published yesterday. There were 172 cases in 2012, compared to 191 cases in 2011, with a significant drop in the fourth quarter of 2012.
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As one of eight brothers who played college football, Derriel McCorvey says he has the game in his blood. Now the Louisiana lawyer is trying to make the National Football League bleed over claims that it concealed data about the dangers of concussions.
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Citigroup Inc. asked a U.S. appeals court to overrule a trial judge and let its $285 million mortgage-securities settlement with the Securities and Exchange Commission go forward.
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Citigroup Inc. and the U.S. Securities and Exchange Commission defended their $285 million settlement of claims that the bank misled investors in collateralized debt obligations as a judge questioned whether the deal is in the public interest.
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The Justice Department decision to sue Standard & Poor’s has investors asking why Moody’s Investors Service and Fitch Ratings weren’t targeted for awarding the same top grades to troubled mortgage bonds and other debt securities.
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Sherry Hunt never expected to be a senior manager at a Wall Street bank. She was a country girl, raised in rural Michigan by a dad who taught her to fish and a mom who showed her how to find wild mushrooms. She listened to Marty Robbins and Buck Owens on the radio and came to believe that God has a bigger plan, that everything happens for a reason.
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Citigroup Inc. and the U.S. Securities and Exchange Commission defended their $285 million settlement of claims that the bank misled investors in collateralized debt obligations as a judge questioned whether the deal is in the public interest.
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Philip Falcone left his hometown of Chisholm in northern Minnesota’s rusting Iron Range in 1980 in the passenger seat of a 12-year-old Mercury Cougar that cost $150.
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Phil Falcone, founder of Harbinger Capital Partners, has made and lost billions with bets on mortgages and iron mines. Now, in a bid to build a new broadband network, he’s blasting investors money into space.
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