Securities fraud.
I. INTRODUCTION Seven statutes regulate Federal securities transactions. (1) Congress passed the most important of these, the Securities Act of 1933 ("1933 Act") and the Securities Exchange Act of 1934 ("1934 Act"), in response to fraud in securities markets and a perceived lack of public information about...

Judge Dismisses All But One Suit Against PSINet.
ALEXANDRIA, VIRGINIA, U.S.A., 2000 DEC 26 (NB) -- By Martin Stone, Newsbytes. A federal judge in Virginia has dismissed 14 of 15 class-action lawsuits accusing Internet service provider PSINet Inc. of securities fraud. An official company statement said US District Judge Leonie M. Brinkema saw no evidence...

Securities fraud.
I. INTRODUCTION II. ELEMENTS OF THE OFFENSE A. Substantive Fraud 1. Material Misrepresentations and Omissions a. Misstatements and Omissions b. Materiality c. Intent i. Scienter ii. Willfulness d. Reliance e. Entanglement Liability 2. Insider Trading a. The Classical Theory b. The Misappropriation Theory c. Strict Regulation Under Rule 14e-3...

Securities fraud.
I. INTRODUCTION II. ELEMENTS OF THE OFFENSE A. Material Misrepresentations and Omissions 1. Misstatements and Omissions a. Entanglement Liability 2. Materiality 3. Intent a. Scienter b. Willfulness 4. In Connection With the Purchase or Sale of a Security a. Definition of "Security". i. Stocks and Notes Lacking a Profit...

Regeneration Technologies sells stock; raises nearly US$26 million. (Industry News).
Implant manufacturer Regeneration Technologies Inc (RTI) completed a private placement resulting in net proceeds of US$25.8 million to the company. The company is based in Florida, USA, and processes allograft tissue into shaped implants for use in orthopaedic, urological, craniofacial and cardiovascular surgery. RTI sold...

Securities fraud.
I. INTRODUCTION II. ELEMENTS OF THE OFFENSE A. Substantive Fraud 1. Material Omissions and Misrepresentations a. Misstatements and Omissions b. Materiality c. Scienter d. Reliance e. Willfulness 2. Insider Trading a. The...

The Super Shareholder Settlement.
Cendant's recent offer to settle securities class-action litigation may well become a benchmark impacting future shareholder securities litigation--as well as corporate governance and directors' and officers' insurance. The $2.83 billion cash offer by Cendant Corp. to settle an outstanding securities class action litigation is staggering in its...

The compliance factor. (Financial Management).
Compliance is a critical issue in the choice of any investment firm to manage your portfolio if you're an insurance company. Every prospective investment manager must be able to monitor compliance with your investment guidelines and government regulations. Insurance companies are subject to a host of regulations in addition...

Attorneys Announce Notice of Class Action Lawsuit on Behalf of Purchasers of Lehman Brothers Holdings, Inc. Securities.
NEW YORK, Dec. 2 /PRNewswire/ -- The following was issued today by law firms Grant & Eisenhofer P.A., Kirby McInerney LLP, Gardy & Notis, LLP, and Law Offices Bernard M. Gross, P.C.: Notice is hereby given that on December 2, 2008, an amended class action complaint ("Complaint")...

YRC Worldwide Announces $100 Million Tender Offer for Debt Securities.
OVERLAND PARK, Kan., Nov. 25 /PRNewswire-FirstCall/ -- YRC Worldwide Inc. today announced that it has commenced a cash tender offer to pay an aggregate purchase amount (including accrued and unpaid interest) not to exceed $100 million (the "Maximum Aggregate Purchase Amount") for its contingent convertible senior notes and notes...