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Results: 1-10 of 10

Special master for TARP executive compensation rules on supplemental requests by AIG and Ally

  • Alston & Bird LLP
  • -
  • USA
  • -
  • August 4 2010

On Tuesday, Special Master for TARP Executive Compensation, Kenneth R. Fienberg, issued supplemental determinations with regard to the 2010 compensation payments and structures of American International Group, Inc. (AIG) and Ally Financial Inc. (Ally

Senate banking committee holds hearing on SEC enforcement responsibilities

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 8 2009

Yesterday, the Senate Committee on Banking, Housing and Urban Affairs held a hearing entitled "Strengthening the SEC’s Vital Enforcement Responsibilities."

Bank of New York Mellon announces $1.2 billion common stock offering

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 13 2009

Yesterday, Bank of New York Mellon Corp. (BONY) announced the pricing of a $1.2 billion common stock offering

Judge Rakoff rejects SEC consent agreement with Bank of America

  • Alston & Bird LLP
  • -
  • USA
  • -
  • September 16 2009

On Monday, District Judge Jed Rakoff issued an order rejecting the proposed settlement agreement between the SEC and Bank of America as announced in August

Goldman Sachs and First Niagara announce stock offerings to repay Treasury

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 13 2009

Today, Goldman, Sachs & Co. and First Niagara Financial Group, Inc. both announced underwritten public offerings of their common stock for the stated purpose of funding the repayment of Treasury's investments in the two institutions

RBS announces sale of fund management assets

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 9 2010

Yesterday, the Royal Bank of Scotland Group plc (RBS) announced a sale agreement with Aberdeen Asset Management PLC for the sale of certain fund management assets and contracts of RBS Asset Management Limited and RBS Asset Management Holdings

SEC files new charges against BofA

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 12 2010

On Tuesday, the SEC announced that it had filed a complaint in the Southern District of New York charging Bank of America with violating the federal proxy rules by failing to disclose extraordinary financial losses at Merrill Lynch prior to a BofA shareholder vote to approve a merger between the two companies

New York Comptroller files suit against Bank of America and Merrill Lynch

  • Alston & Bird LLP
  • -
  • USA
  • -
  • July 23 2010

Yesterday, the New York State Comptroller, Thomas P. DiNapoli, announced that, in his capacity as trustee of the New York State Common Retirement Fund, he had filed separate lawsuits against Bank of America and Merrill Lynch

Senate Banking Committee holds hearing on “short-termism” in financial markets

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 30 2010

Yesterday, the Senate Banking Committee held a hearing entitled "Short-Termism in Financial Markets."

SEC initiates enforcement action against three former officers of American Home Mortgage

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 29 2009

Yesterday, the SEC filed a complaint in the United States District Court for the Southern District of New York alleging that three former officers of American Home Mortgage Investment Corp misled investors with regard to the financial stability of the company