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21 May 2024, 6:51 am by Dan Bressler
He declined to say how much Holland & Knight paid him, but said the monthly payment ‘helped cover my mortgage.'” “Sullivan Hits Back Against FTX Investors’ ‘Dubious’ Fraud Claims” — “FTX law firm Sullivan & Cromwell is slamming the ‘claim by some of the failed crypto exchange’s investors that its lawyers were complicit in a billion-dollar fraud. [read post]
1 May 2024, 1:18 pm by Melissa Tremblay
District Court for the Southern District of Georgia was satisfied with the relator’s scienter allegations citing to documents that “warned that investments in healthcare providers were suspect” and concerns by a potential investor “about the scheme’s legality under the AKS. [read post]
9 Apr 2024, 9:05 pm by renholding
These defaults and downgrades panicked investors, reducing confidence in all credit ratings – even the ratings on basic corporate bonds and commercial paper. [read post]
30 Jan 2024, 11:17 am by Neil H. Buchanan
I am more than willing to defend government regulation of business, but I do so only because the alternative is worse. [read post]
19 Jan 2024, 3:00 am by Jim Sedor
National/Federal A New Republican Mom Wants to Change House Rules for Postpartum Voting DNyuz – Anni Karni (New York Times) | Published: 1/16/2024 When she arrived in Congress last year, Rep. [read post]
3 Jan 2024, 1:36 pm by The White Law Group
  Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) YTD Share Price Losses: 29.66% Investing in mortgage-backed securities, Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) faced losses in Q4 earnings, causing a significant drop in share prices. [read post]
28 Dec 2023, 9:05 pm by Noah Brown
Department of Labor rule allowing pension managers to consider environmental, social, and corporate governance factors when making investment decisions. [read post]
13 Dec 2023, 3:06 pm by Chris Skelton
Other federal laws regulate mortgage lending when a consumer purchases a home. [read post]
8 Dec 2023, 9:35 am by Geoff Schweller
Corporate crime remains both rampant and difficult to uncover,” said Dennis M. [read post]
22 Oct 2023, 9:01 pm by renholding
Levinson.[18] In Stratte-McClure, a class made up of Morgan Stanley investors brought suit against the bank for alleged material misstatements and omissions related to Morgan Stanley’s trading position and exposure to losses in the subprime mortgage market.[19] The Second Circuit reasoned that courts “have long recognized that a duty to disclose under Section 10(b) can derive from statutes or regulations that obligate a party to speak[,]” and that a… [read post]
19 Oct 2023, 9:05 pm by Gianna Hill
The rules are a response to the 2021 GameStop trading episode, where individual investors engaged in shorting tactics that caused some investors to sustain great losses. [read post]
27 Sep 2023, 11:54 am by Demetrius J. Robinson
The Internal Revenue Service (IRS) recently announced a renewed effort to ensure compliance with federal tax law, specifically focusing on high-income earners, partnerships, and large corporations. [read post]
4 Sep 2023, 5:44 am by Kevin LaCroix
The report also cited the diminished value of loans such as fixed-rate mortgages in an era of rising interest rates. [read post]
1 Sep 2023, 1:54 am by Tessa Shepperson
Joe Garner of Joe Garner Consulting says The real agenda has now unfolded: a massive shift of private property into the hands of corporate giants and deep-pocketed investors, And Peter Stamford, director of Moor Mortgages saying The government is pushing homes into big corporate hands, side-lining everyday landlords. [read post]
16 Aug 2023, 3:57 pm by Meigan Everett
For Institutions and investors, this aspect of the law underlines the importance of community stability and the role that responsible investments play in sustaining neighborhoods, and will reduce the availability of these homes on the market for corporate investors in the long run. [read post]