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18 Jul 2007, 1:02 am
Federal Judge Approves $93 Million CIGNA Securities Settlement
The Legal Intelligencer
A federal judge has granted final approval of a $93 million settlement in a securities fraud suit against CIGNA Corp. that accused the company of hiding the fact that it was experiencing significant problems in an overhaul of its computer systems and that its stock price had plummeted by 45 percent when news of the problems was disclosed. [read post]
14 Mar 2018, 12:46 am
Our Securities and Shareholder Litigation 2017: A Look Ahead explained that FY 2016 was a record year for the whistleblower program. [read post]
29 May 2019, 12:30 pm
Wilson has made a comment on his BrokerCheck Report that this is a baseless claim which he intends to vigorously defend, FINRA notes. [read post]
8 Jul 2010, 4:46 pm
The NSA, which has the dual responsibility for eavesdropping on other countries and defending .mil networks, has no authority to order companies to install its spying software, but cooperation can be achieved through a bit of arm-bending, according to the paper. [read post]
8 Oct 2010, 6:58 am
This doctrine is based on the principle that, in an open and developed securities market, the price of a company’s stock is determined by the available material information regarding the company and its business. [read post]
16 Mar 2012, 3:00 am
The other side (whose lead company is Walnut Place) involves a group of investors opposed to what the “majors” (institutional investors) had agreed on. [read post]
26 Jun 2013, 9:54 am
Read Emily Heil’s Washington Post profile of Senate Intelligence Committee Chair (and PRISM program defender) Dianne Feinstein. [read post]
26 Jun 2013, 9:54 am
Read Emily Heil’s Washington Post profile of Senate Intelligence Committee Chair (and PRISM program defender) Dianne Feinstein. [read post]
21 Apr 2014, 2:44 pm
Pfeil was the defendant in this case. [read post]
4 Aug 2014, 2:34 pm
Lawler of Snellville, Georgia, a self-proclaimed minister, and his company, Freedom Foundation USA LLC for fraudulently offering and selling fictitious securities. [read post]
12 Oct 2022, 5:55 am
This piece is part of a series on Gender, Conflict, and International Humanitarian Law (IHL), co-hosted by the ICRC and Just Security. [read post]
19 Jan 2023, 4:10 pm
Working with the SEC, state securities regulators investigated the cryptocurrency company for the sale of unregistered securities to retail investors in the form of its BlockFi interest accounts. [read post]
27 Mar 2012, 11:19 am
DHS would have been responsible for designating which companies had to participate in the scanning program, based on whether they had achieved certain security benchmarks. [read post]
8 May 2019, 7:14 am
[As Matt Levine of Money Stuff says, sounds like securities fraud because everything is securities fraud.] [read post]
20 Dec 2016, 2:00 am
Zweig claimed that the Bozorgi defendants represented to him that the value of the Bedford Med operation was appraised at $21 million and that permanent financing had been secured. [read post]
29 Mar 2011, 7:00 am
The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 1,800 civil and criminal law enforcement agencies in the U.S. and abroad. [read post]
13 Nov 2015, 11:05 am
In theory, this might sound a little bit like shooting fish in a barrel; after all, you and your insurance company are on the same side, right? [read post]
12 Nov 2020, 11:45 am
To receive information from Liskow & Lewis, your information will be kept in a secured contact database. [read post]
20 Dec 2016, 2:00 am
Zweig claimed that the Bozorgi defendants represented to him that the value of the Bedford Med operation was appraised at $21 million and that permanent financing had been secured. [read post]
4 Sep 2015, 11:05 am
In theory, this might sound a little bit like shooting fish in a barrel; after all, you and your insurance company are on the same side, right? [read post]