Topic
Fraud
3,061 published works
Securities Law Prof Blog
Broker Invents Investors for Broadway Production of Rebecca
Federal authorities have charged Mark C. Hotton, the stockbroker who acted as intermediary in the financing of the Broadway flop Rebecca, with criminal fraud. According to the complaint (available at…
Sentencing Law and Policy
Never mind the buttocks, here’s the sentencing pistols
Main October 14, 2012Never mind the buttocks, here's the sentencing pistolsThe title of this post represents my lame-ass attempt to devise a post title that is as humorous and as…
The Conglomerate Blog: Business, Law, Economics & Society
Understanding US v. Wells Fargo
By Gordon Smith
The principals behind the US civil fraud suit against Wells Fargo are the US Atty's Office for the SDNY, which you know best for its insider trading investigation against hedge…
Texas Bankruptcy Blog
Bankruptcy Asset Shufflin’
By Bryan Fears
"The bankruptcy laws are intended as a shield, not as a sword." - In re Penn Central Transportation Co., 458 F.Supp. 1346, 1356 (E.D.Pa.1978). When a bankruptcy case is filed,…
Securities Law Prof Blog
New York AG Sues Over Bear’s Role in Marketing Residential Mortgage-Backed Securities
Yesterday the New York State Attorney General brought a civil suit against Bear, Stearns & Co. (now J.P. Morgan Securities LLC) under the state's Martin Act arising out of Bear's…
SDNY Blog
Our Own Susan Brune Featured In Super Lawyers Cover Story
The story is here.
Legal Profession Blog
Delay And Confuse Strategy Draws Suspension
The Minnesota Supreme Court has imposed a six-month suspension with a requirement that the sanctioned attorney petition for reinstatement a matter where the "semi-retired" attorney filed frivolous pleadings in three cases in…
Mortgage Crisis & Financial Services Watch
Banks’ After-The-Fact Appraisals Fuel Buyback Demands
Justin T. Hilley of HousingWire.com reports that audits done by Quality Mortgage Services (“QMS”) “indicate that many demands by financial institutions that lenders buy back mortgages are based on fraudulent appraisal schemes…
Business and Commercial
Unreasonable Reliance: Ninth Circuit Affirms Dismissal of FAL, Fraud and UCL Claims at the Pleading Stage
In Davis v. HSBC Bank Nevada, N.A., No. 10-56488, 2012 WL 3804370 (9th Cir. Aug. 31, 2012), the Ninth Circuit affirmed the dismissal of claims for (1) false advertising in…
Health Law Prof Blog
Worth Reading This Week
Zack Buck, Caring Too Much: Misusing the False Claims Act to Target Overtreatment, SSRNKevin Outterson, Punishing Health Care Fraud — Is the GSK Settlement Sufficient? NEJMSidney A. Shapiro et al, The Truth About Torts:…