Seyfarth Shaw LLP hired Steven R. Meier for its corporate department in Chicago. Meier joins Seyfarth from Jenner & Block LLP, where he was the co-chairman of the real-estate securities practice and a member of its tax department, the firm said in a statement.
The Florida city of South Miami misled investors by failing to disclose that it had used tax- exempt bond proceeds to help a developer finance a downtown parking and retail project, according to U.S. regulators.
Cheung Kong Holdings Ltd., the developer controlled by Asia’s richest man, is canceling the sale of HK$1.4 billion ($180 million) of hotel rooms after Hong Kong’s securities regulator began a probe into the transactions.
Barclays Plc won dismissal of a lawsuit by holders of its American depositary receipts who claimed the U.K. bank misled shareholders about its manipulation of the London Interbank Offered Rate, or Libor.
Morgan Keegan & Co. is seeking to dismiss a petition that claims the underwriter made fraudulent statements when offering $39 million of now-defaulted municipal bonds for an artificial-sweetener plant in Moberly, Missouri.