Showing posts with label news. Show all posts
Showing posts with label news. Show all posts

Tuesday, 18 June 2013

    • SEC settles pricing case against Morgan Keegan fund directors.- Published June 14, 2013 - 2:15pm CST.- (Reuters) — The U.S. Securities and Exchange Commission has settled civil charges accusing eight former directors of Morgan Keegan bond mutual funds of failing to police the portfolio managers they oversaw, allowing toxic mortgage assets to be overvalued prior to the financial crisis.
    • Teva, Sun Pharma to pay $2.15B to settle Pfizer patent suit Published June 12, 2013 - 12:00pm CST (Reuters) — Pfizer Inc. said Teva Pharmaceuticals Industries Ltd. and Sun Pharmaceutical Industries Ltd. would pay $2.15 billion to settle a patent suit related to its acid-reflux drug
    • Dismissal upheld in legal malpractice claim by AIG unit, policyholder. By: Judy Greenwald. Published June 17, 2013 - 2:07pm CST. An appeals court has upheld dismissal of a legal malpractice claim filed by a trucking company and an American International Group Inc. unit against an attorney who missed the deadline for filing an appeal of a $6 million jury verdict, concluding his clients would not have been successful in their appeal anywayHSBC to be sued by New York over foreclosure abuses.- Published June 04, 2013 - 10:45am CST.- (Reuters) — The state of New York plans to sue HSBC Holdings P.L.C. for ignoring a law designed to protect struggling homeowners from being thrown into foreclosure without getting a chance to renegotiate their mortgages.