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Len Boselovic's Heard Off the Street: Lawyers group says brokers can't be trusted

2015-03-29 11:30:49| Auto Dealers - Topix.net

While ads for Wall Street firms make it sound like investment professionals are just like doctors and lawyers when it comes to protecting clients interests, in private they act more like used car salesmen, according to the Public Investors Arbitration Bar Association. The group contends Wall Street firms' marketing efforts give the impression that they are bound by a fiduciary duty to put their client's interest first.

Tags: group street heard lawyers

 

San Bruno aftermath: PUC will pay criminal lawyers $5.2 million

2015-03-28 06:06:12| Energy - Topix.net

The state Public Utilities Commission, still struggling with the aftermath of a fatal explosion in San Bruno caused by PG&E and facing criminal probes that will require sorting through at least 1.6 million documents, is planning to spend up to $5.2 million for its legal defense. The original agreement with Sheppard Mullin obliged the PUC to retain the Palo Alto firm for $49,000.

Tags: pay san million criminal

 
 

Federal judge scolds BigLaw lawyers for 'behemoth pleadings' and 'prolixity'

2015-03-26 16:14:25| Air Courier - Topix.net

A federal judge in Manhattan is ordering lawyers in a United Parcel Service lawsuit to file new pleadings that are short and plain, in keeping with Rule 8 of the Federal Rules of Civil Procedure. In a March 24 order , U.S. District Judge William Pauley III labeled the pleadings "behemoth," and warned that failure to comply with the rule could result in sanctions, the Litigation Daily reports.

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Federal judge scolds BigLaw lawyers for 'behemoth pleadings' and 'prolixity'

2015-03-26 15:54:02| Trucking - Topix.net

A federal judge in Manhattan is ordering lawyers in a United Parcel Service lawsuit to file new pleadings that are short and plain, in keeping with Rule 8 of the Federal Rules of Civil Procedure. In a March 24 order , U.S. District Judge William Pauley III labeled the pleadings "behemoth," and warned that failure to comply with the rule could result in sanctions, the Litigation Daily reports.

Tags: federal lawyers judge pleadings

 

Amid fight over US Foods merger, Sysco lawyers prepare to take FTC to court

2015-03-12 19:36:02| Food - Topix.net

After the Federal Trade Commission blocked Houston-based Sysco Corp.'s $8.2 billion merger with Rosemont, Illinois-based US Foods for allegedly violating antitrust laws, Sysco is preparing for its next move. Sysco denies that the merger breaks antitrust or anticompetitive regulations.

Tags: to court fight prepare

 

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