05/12/2015
Northern Trust Experts Take up Senior Committee Roles Supporting Principles for Responsible Investment
Appointments Underline Expertise in Environmental, Social and Governance Investing
Legal, Regulation & Compliance
05/12/2015
ClearPath Wealth Management manager used client’s money to buy waterfront home
The filing claims Churchville “caused at least $11 million in losses to the Funds they advised and controlled
05/11/2015
Court revives two investment suits against CalPERS
In a case with racial overtones and ties to the CalPERS bribery scandal, an appeals court Friday revived two lawsuits targeting the pension fund’s refusal to invest $100 million with a private equity firm
05/11/2015
'American Lawyer 100 law firm' boosts Tax and Wealth Planning team
She regularly advises executors and fiduciaries. She also served as lead attorney for a trustee in a multi-million dollar trust litigation.
05/11/2015
Ex-CEO Of American Apparel Inc Files Defamation Lawsuit Against Investor
He alleged that Standard General has hired Jones Day, an outside law firm, for millions of dollars
05/10/2015
International law firm Further Strengthens Funds and Derivatives team
The international law firm has further strengthened its expertise in private investment funds and complicated derivatives transactions
05/08/2015
Hedge fund executives sentenced
David Bryson, 46, and Bart Gutekunst, 63, two former managing partners of Connecticut-based hedge fund New Stream Capital, were sentenced Wednesday to federal prison for their role in a scheme to defraud investors
05/07/2015
Vermont’s New Captive Legislation to Revise Some Capital Requirement Rules
Vermont officials announced that Gov. Peter Shumlin will sign new legislation passed in April that would bring several changes to the state’s captive insurance rules
05/07/2015
Point72 Names Former Connecticut United States Attorney Kevin J. O’Connor as General Counsel
O’Connor Served as Third-Ranking Member of United States Department of Justice in Long Career in Public Service
05/07/2015
4 former top Wilmington Trust execs face fed charges
Four of the bank's former top executives were hit Wednesday with federal allegations they engaged in conduct that hid the true extent of the bank's troubled loans during the economic crisis of the last decade
05/06/2015
Executive at failed Connecticut hedge fund gets 2-3/4 years prison
A former top executive of the failed Connecticut hedge fund firm New Stream Capital LLC was sentenced on Tuesday to 2-3/4 years in prison
05/06/2015
Los Angeles Sues Wells Fargo Over Sales Tactics
Lawsuit alleges retail bank employees were pressured to commit fraud to meet sales targets
05/06/2015
JPMorgan Says U.S. Probing Asset Unit in Sale of Own Funds
JPMorgan Chase & Co. received subpoenas and inquiries from the U.S. Securities and Exchange Commission and other regulators about how it sells its own mutual funds and other proprietary products.
05/06/2015
Global law firm Nabs Kirkland Partners For NY And DC
Has recruited two Kirkland & Ellis LLP real estate partners experienced in real estate private equity
05/05/2015
Supreme Court hands win to Barclays over US$4 billion in Lehman assets
The U.S. Supreme Court on Monday allowed Barclays Plc to claim about US$4 billion of disputed assets
05/05/2015
King & Spalding Expands Real Estate Practice in New York and Washington, D.C.
Broadening its real estate expertise, King & Spalding has recruited Jennifer Morgan to its New York office and Chris Hoffman to its Washington, D.C. office as partners in its real estate practice
05/05/2015
UBS in advanced talks with DOJ over forex as earnings surge
Regulators have already fined six major banks including UBS a total of US$4.3 billion
05/05/2015
HSBC Judge Seeks More Information About Sanctions Compliance
The government and HSBC seek 30 days to comply, saying they may need to request that the report be filed under seal, or with redactions.
05/04/2015
BNP Paribas sentenced in €7.95bn sanctions case
Prosecutors said BNP also evaded sanctions against entities in Iran and Cuba
05/04/2015
New rule won’t curb executive pay
The Securities and Exchange Commission, in compliance with the Dodd-Frank Act, proposed new rules Wednesday that are designed to help shareholders evaluate the connection