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Legal News

SEC Extends Comment Period on Regulation D, Form D and Rule 156

Probably horrified by the mess it has already created in the matter, the U.S. Securities and Exchange Commission has reopened…

Barilla Pasta Chairman Holds the Line Supporting his Anti-Gay Ad Policy

The world’s largest pasta company has refused to represent gays in its “family oriented” pasta advertisements. Guido Barilla wrote in…

EA Sports Settles Its Lawsuit, NCAA Must Fight Alone — And the Video Game Will be No More

(image source al.com) While the Electronics Arts Sports and Collegiate Licensing Company have settled all the claims brought by Sam…

Top Fed Reserve Official Criticizes SEC’s Money Markets Plan

On Friday, Eric Rosengren, the president of the Boston Fed branch criticized the proposal of the U.S. Securities Exchange Commission…

Jamie Dimon Meets with Attorney General

JPMorgan chief executive Jamie Dimon met with Attorney General Eric Holder regarding the company’s mortgage-backed securities situation.  An insider with…

Justice Department Attempts to Dismiss Jill Kelley Suit

After Jill Kelley contacted authorities regarding intimidating emails from an anonymous source, who turned out to be Paula Broadwell, the…

Post Office Initiates Postage Rate Hike

The United States Post Office has expectations to raise the price of postage by three cents. The overall cost will…

Miami Judge Rejects “Piggybacking” Discrimination Lawsuit Against Wal-Mart

A Miami federal judge has rejected a discrimination lawsuit by women employees against Wal-Mart Stores Inc. The judge says that…

U.S. Senate Confirms First Gay Federal Appeals Court Judge

On Tuesday, the US Senate confirmed Todd Hughes as a judge for the US Court of Appeals for the Federal…

Chrysler Prepares IPO in Defiance to Fiat

Chrysler has filed for a public stock offering this Monday, and this indicates more than that the company is back…

49 Percent of the Supreme Court’s Links are Defunct

If anybody is supposed to have their ship in order, you'd expect the Supreme Court to. Yet though they've increasingly…

Michael Douglas and Ex-wife Fight to Meet Imprisoned Son

Actor Michael Douglas and his ex-wife are finally agreeing on something. They are fighting tooth and nail over what TMZ…