Legal Eagle Review

California Joins Group Forcing Airborne to Stop Marketing Products as a Cure for Common Cold

Written by Legal Eagle Review
Wednesday, 17 December 2008
Sacramento, California - California Attorney General Edmund G. Brown Jr. today joined with 32 other state attorneys general in announcing a landmark $7 million settlement with Airborne, Inc. that forces the company to stop advertisements that “dramatically misrepresented” its dietary supplements as cold remedies.
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Finkelstein Thompson LLP Announces Investigation of CBS Corp

Written by Globe NewsWire
Tuesday, 16 December 2008
Washington, DC - Finkelstein Thompson LLP is currently investigating potential shareholder claims in connection with a recent announcement by CBS Corporation ("CBS" or the "Company") (NYSE:CBS) that it expects to incur a non-cash impairment charge of approximately $14 billion, in the third quarter of 2008.
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Rye Select Broad Market and Fairfield Sentry Fund Under Investigation

Written by Globe NewsWire
Tuesday, 16 December 2008
New York, New York - Bernard M. Madoff's $50 billion "Ponzi scheme" has ensnared many individuals who unwittingly invested in funds managed by Madoff that, according to press reports, may now be wiped out. Such funds include the Rye Select Broad Market Fund and Fairfield Sentry Fund.
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FirstCity Financial Agrees to Settle Lawsuit

Written by FirstCity Financial Corporation
Tuesday, 16 December 2008
Waco, Texas - FirstCity Financial Corporation (Nasdaq:FCFC) today announced that it has reached a preliminary agreement to settle the lawsuit involving the disputed ownership of approximately $18.6 million of proceeds from the demutualization of Prudential Insurance Company.
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Power Integrations Receives Permanent Injunction Against Infringing Fairchild Products

Written by Power Integrations, Inc
Tuesday, 16 December 2008
San Jose, California - Power Integrations (Nasdaq:POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that the U.S. District Court for the District of Delaware has granted its request for a permanent injunction against the infringement of its patents by Fairchild Semiconductor. More than 100 infringing Fairchild parts are listed in the Court's order and subject to the injunction, which is to take effect immediately.
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SEC Files Charges Against Siemens AG for Worldwide Bribery

Written by Legal Briefs
Monday, 15 December 2008
Washington, DC - The Securities and Exchange Commission filed a settled enforcement action on December 12, 2008, in the U.S. District Court for the District of Columbia charging Siemens Aktiengesellschaft ("Siemens"), a Munich, Germany-based manufacturer of industrial and consumer products, with violations of the anti-bribery, books and records, and internal controls provisions of the Foreign Corrupt Practices Act ("FCPA").
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Sonn & Erez Attorneys Hired to Represent Victims of Bernard Madoff

Written by Globe Newswire
Sunday, 14 December 2008
Fort Laudredale, Florida - The securities law firm of Sonn & Erez PLC announces that it has been hired by victims of Bernard Madoff, the head of Bernard Madoff Securities LLC. Madoff has been charged with running what may be the largest Ponzi Scheme in Wall Street history, allegedly costing $50 billion in investment losses. Jeff Sonn, Esq. presently serves as special counsel to the SEC in a separate Ponzi Scheme case, and is lead class action counsel in another Ponzi Scheme case.
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