Marvell Technology to Pay $10 Million Fine Over Backdating
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Law.com
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Fri 3:02 am ET The Securities and Exchange Commission came down hard on Marvell Technology Group on Thursday for stock option backdating and for being unusually slow to cooperate and reluctant to clean up the problem.
Pension Probe Will Snare 'Hundreds' of Attorneys, N.Y. Attorney General Predicts
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Law.com
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Fri 3:02 am ET New York Attorney General Andrew M. Cuomo predicted Thursday that 'hundreds and hundreds' of attorneys will ultimately be implicated in his office's investigation of government entities improperly enrolling non-employees in public pension funds.
Paul Weiss Elects Brad Karp to Chairman Role
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Law.com
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Fri 3:02 am ET Paul, Weiss, Rifkind, Wharton & Garrison has elected Brad S. Karp as its next chairman. Karp, the co-chair of Paul Weiss' litigation department and a member of the firm's management committee, will take the top leadership spot in January.
Bingham Responds to Former Associate's Allegations of Holiday Party Drugging
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Law.com
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Fri 3:02 am ET Responding to a former associate's complaint that the firm ignored her allegation that she had been drugged at a firm holiday party, Bingham McCutchen said there is no merit to Michelle Moor's claims that a firm lawyer and an HR manager mishandled charges she raised with them relating to alleged instances of drugging of firm employees, and rape.
Orrick's Ops Center: One Small Town's Salvation
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Law.com
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Fri 3:02 am ET The former steel and coal mining center of Wheeling, W.Va., was on its last legs in 2000. Then Orrick, Herrington & Sutcliffe opened a back-office hub, initially with 73 jobs. Orrick's Global Operations Center has triggered a quiet renaissance in Wheeling as the anchor of a downtown revitalization that has created more than 1,200 jobs.
Empty Homes Spur Cities' Suits
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Law.com
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Fri 3:02 am ET Cities dealing with scores of abandoned, foreclosed homes have started suing banks and mortgage companies to recoup their costs, while other cities are hauling lenders before code enforcement boards and county courts to force them to maintain abandoned properties.
Internet Archive Beats Back FBI's Demand for Subscriber Data
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Law.com
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Thu 3:03 am ET The FBI has agreed to drop its demand that a San Francisco-based Internet library turn over subscriber information, according to court documents unsealed Monday. As part of a settlement, the FBI also agreed that its previously secret efforts could be publicized.
Accommodating Lawyer's Vacation Doesn't Justify Inverting Order of Testimony
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Law.com
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Thu 3:03 am ET Trial judges have a lot of leeway in deciding how a trial proceeds, and that includes being understanding of attorneys' busy schedules. But a judge who made a defendant put on his medical experts before the plaintiff's to accommodate the plaintiffs lawyer's vacation abused his discretion and deprived the defendant of a fair trial, a New Jersey appeals court says.
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