We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 78

Southern District grants motion to dismiss in F-Cubed securities class action
  • Locke Lord LLP
  • USA
  • November 9 2009

On October 5, 2009, the U.S. District Court for the Southern District of New York granted the defendants' motion to dismiss in Cornwell v. Credit Suisse on subject matter jurisdiction grounds


Financial Services Authority punishes failure to protect confidential customer information with hefty fines
  • Locke Lord LLP
  • United Kingdom
  • July 27 2009

On 22 July 2009 three HSBC companies: HSBC Life UK Ltd; HSBC Actuaries and Consultants Ltd; and HSBC Insurance Brokers Ltd, were fined £1.6m, £875,000, and £700,000 respectively by the UK Financial Services Authority (FSA


NERA’s 2009 year-end securities class action trends update
  • Locke Lord LLP
  • USA
  • December 31 2009

NERA Economic Consulting has issued its report titled: "Recent Trends in Securities Class Action Litigation: 2009 Year-End Update" (the "NERA Year-End Update"


NERA report: SEC settlement trends
  • Locke Lord LLP
  • USA
  • December 9 2009

On December 7, 2009, NERA Economic Consulting issued its report titled: "SEC Settlement Trends: 3Q09 Update" (the "NERA Report"


FSA issues reminder on its approval and interview process for significant influence functions
  • Locke Lord LLP
  • United Kingdom
  • October 27 2009

On 14 October 2009, the FSA wrote to the CEOs of certain regulated firms to clarify its new approach to the approval and supervision of persons performing significant influence functions (SIFs


Hedge funds back down in Argentina claim after asset freeze fails
  • Locke Lord LLP
  • Argentina, USA
  • April 19 2010

Hedge funds seeking to recover more than $554 million in judgments against Argentina have reportedly withdrawn court appeals to stop assets being taken out of accounts at Citibank, diminishing their chances of ultimate success


House Financial Services Committee hearing schedule - February 2010
  • Locke Lord LLP
  • USA
  • February 1 2010

As you know, Congress and the Obama administration have placed significant focus this year upon reform of the financial services industry


Supreme Court upholds Gartenberg test for mutual funds’ compensation of investment advisers
  • Locke Lord LLP
  • USA
  • May 5 2010

The Supreme Court recently issued an important decision regarding the test for determining whether an investment adviser has violated its "fiduciary duty" to a mutual fund by charging excessive fees under 36(b) of the Investment Company Act of 1940


SEC takes interest in life settlements
  • Locke Lord LLP
  • USA
  • October 23 2009

SEC Commissioner Mary L. Schapiro indicated on October 22, 2009 that life settlements are an "area of emerging interest" to the SEC


Two former Bear Stearns hedge fund managers acquitted of criminal fraud charges
  • Locke Lord LLP
  • USA
  • November 10 2009

Today, in the first criminal prosecution arising out of the subprime crisis, a jury acquitted two former Bear Stearns hedge fund managers, Matthew Tannin and Ralph Cioffi, of securities, wire and mail fraud