Simpson Thacher & Bartlett LLP is representing Nielsen Holdings NV, the biggest tracker of U.S. television ratings, which agreed to buy Arbitron Inc. for about $1.26 billion in cash to gain access to the largest source of data on the country’s radio listeners. Morrison & Foerster LLP served as legal adviser to Arbitron.
U.S. citizens and residents with UBS AG accounts are racing the clock to disclose their secret holdings to the Internal Revenue Service after the Swiss Parliament ratified an agreement to surrender the names of 4,450 bank clients, tax lawyers said.
Money manager Kenneth I. Starr seeks court permission to post $2 million bail and live at his Manhattan apartment while awaiting trial on charges he defrauded his celebrity and socialite clients of at least $59 million.
Raj Rajaratnam, the Galleon Group LLC co-founder, missed court after getting emergency surgery, and the jury weighing insider-trading charges against him will take today off for a juror’s medical procedure.
Kenneth I. Starr , the money manager whose clients included actors Sylvester Stallone and Wesley Snipes , was sentenced to 7 1/2 years in prison after pleading guilty to defrauding nine celebrities out of $33.3 million.
Kenneth I. Starr , the money manager who admitted to defrauding his celebrity clients of as much as $50 million, has reached a restitution agreement with the U.S. government, his lawyer said in a letter to a federal judge.