Search Results for: civil law
Barclays settles civil lawsuits for US$ 325m
October 20th, 2015
Barclays Settles Certain RMBS Securities Claims with the National Credit Union Administration (NCUA) Barclays has issued a press release to inform investors reached a settlement with the NCUA to resolve two outstanding civil lawsuits for US$ 325m. These lawsuits are part of ...
Civil enforcement action filing in $4.75 Million Forex Ponzi Scheme
September 23rd, 2020
The Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action in the United States District Court for the Middle District of Florida against 10 defendants in a multi-level $4.75 million off-exchange foreign currency (forex) Ponzi ...
VW accused of emissions cheating in UK’s largest class action lawsuit
December 5th, 2019
Volkswagen Group is facing one of the largest-ever UK class action lawsuits, with almost 100,000 vehicle owners accusing it of misleading them by installing emissions-cheating software that made it appear their diesel vehicles met environmental standards. Lawyers for the ...
Boxer Floyd Mayweather and music producer Khaled Khaled charged with unlawfully touting Coin Offerings
December 4th, 2018
The Securities and Exchange Commission (SEC) announced settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). These ...
Property investment scam: Affected investors lost millions, feel “unprotected by the law”
September 5th, 2018
“The only thing that is left for us now is to file a complaint and pray that the money hasn’t been spent on casinos and luxury hotels.” Around 60 people who have been affected by an alleged scam in ...
On 20 June is the biggest vote on potential change to copyright law in Europe
June 11th, 2018
On 20 June, Parliament’s legal affairs committee will vote on the biggest potential change to copyright law in Europe in the last 30 years. The European Commission made the initial proposal two years ago and at its heart were ...
CFTC Orders Cargill to Pay a $10 Million Civil Monetary Penalty
November 7th, 2017
The Commodity Futures Trading Commission (CFTC) announced the filing and simultaneous settlement of charges against Cargill, Inc. (Cargill), of Minnesota, for providing mid-market marks (marks) that concealed from counterparties and its swap data repository (SDR) its full mark-up on certain ...
Lawyers Charged With Assisting a Microcap Fraud Scheme
October 12th, 2017
The Securities and Exchange Commission today charged two lawyers it alleges helped facilitate a microcap fraud scheme involving undisclosed “blank check” companies secretly bound for reverse mergers. In complaints filed in the U.S. District Court for the Southern District ...
Global law firm combines with a Boston-based litigation investigations firm
June 16th, 2017
Hogan Lovells combines with Collora, adding Boston office Strategically bolstering the firm’s life sciences capabilities throughout the Northeastern U.S. and globally Global law firm Hogan Lovells announced today that it will combine with Collora, a Boston-based litigation/investigations firm with ...
International law firm launch an alliance with a law firm in Singapore
May 4th, 2017
Ashurst launches Formal Law Alliance with ADTLaw in Singapore The alliance, which has received approval from the Legal Services Regulatory Authority of Singapore, will operate under the name Ashurst ADTLaw. ADTLaw, formerly known as ADTvance Law, is a Singapore ...
