Misleading and false statements made by BP executives before the Deepwater Horizon oil spill were material to investors, not just a matter of corporate mismanagement, shareholders argued in court documents filed Monday in the securities MDL against the company.
Amid mounting national concern over the accuracy of court documents in foreclosure cases, New York state’s court system has directed lenders’ lawyers to file an affirmation that they have taken reasonable steps to verify the accuracy of papers they file to support residential foreclosures. The court system’s affirmation form notes that foreclosure filings in various U.S
Zach Scruggs is asking a federal judge for a chance to clear his name in a judicial bribery scheme that toppled his attorney father and other prominent attorneys and officials. In court documents, Scruggs said a recent U.S. Supreme Court decision shows he didn’t violate the “honest services” fraud law.
A New York appeals court has handed a major victory to freelance journalist Jim Edwards in a nearly four-year battle to gain access to court documents that he claims contain information about a multimillion-dollar kickback scheme involving international advertising agency Grey Global Group.
A judge delayed Scott Rothstein’s scheduled May 6 sentencing after his attorney filed a request citing difficulty meeting with his client, who is in protective custody at an undisclosed location after helping prosecutors nab an alleged Sicilian Mafioso. According to court documents, Rothstein recorded 18 conversations with Roberto Settineri, who is accused of being a go-between for the Gambino crime family and mobsters in Italy. Rothstein is now set to be sentenced June 9 for masterminding a $1.2 billion Ponzi scheme.