Securities Law 
United States: Jobs Act Update: SEC Will Miss Deadline For Public Solicitation Rules; Announces August 22 Public Hearing – Mondaq
As we previously reported, the JOBS Act, adopted by Congress in April, required the Securities and Exchange Commission to publish rules by July 4, 2012, that would lift the prohibition on general solicitation and advertising in Regulation D offerings when … Continue reading
Romney’s Bain Tenure Seized On Again by Obama Camp – New York Times Blogs
On a conference call with reporters, Mr. Obama’s top officials accused Mr. Romney of either violating federal securities laws by falsifying information on the documents, or of misleading the American people by lying about when he left the company.
Qatari Group to Acquire Valentino for $850 Million – New York Times
Several securities law experts say the delay in the BlackBerry 10, and overly optimistic remarks by Research in Motion’s chief executive, may make the company a target of shareholder lawsuits. The surge in Apple’s stock has made it a huge … Continue reading
Stewarts Law US LLP Files Securities Class Action Lawsuit Against General Motors Company – Bloomberg
Stewarts Law US LLP Files Securities Class Action Lawsuit Against General Motors Company Business Wire WILMINGTON, Del. — July 11, 2012 Stewarts Law US LLP (“Stewarts Law”) announces it has filed a class action lawsuit in the United States …
B/E Aerospace Announces Closing of Senior Notes Offering – Marketwatch
561 3884. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements …
Scott+Scott LLP Announces Securities Class Action Lawsuit Against Kosmos Energy Ltd. — KOS – msnbc.com
SAN DIEGO, July 11, 2012 (GLOBE NEWSWIRE) — On January 10, 2012, Scott+Scott LLP filed the first class action complaint for violations of the Securities Act of 1933 (the “Securities Act”) on behalf of purchasers of Kosmos Energy Ltd. (“Kosmos … Continue reading
Wells Fargo to pay $125 million in race discrimination probe – Reuters
Wells Fargo in May said it could face civil charges under laws that prohibit discrimination against minority homebuyers. At the time, the lender said in a securities filing it believed the charges should not be brought and said it was … Continue reading
Exelon Generation Announces Expiration of Exchange Offers – Marketwatch
The New Notes have not been registered under the Securities Act of 1933 or any state securities laws. The New Notes may not be offered or sold in the United States or to any U.S. persons except pursuant to an … Continue reading
Canada: Green v. CIBC: Recent Decision Gives Defendants To Securities Class Actions Cause For Optimism – Mondaq
1 of the Ontario Securities Act on the basis that the limitation period had expired. Justice Strathy also rejected the plaintiffs’ request to certify common law claims for negligent misrepresentation. Both aspects of the CIBC decision are discouraging for …
Peregrine investors’ losses won’t be covered – San Francisco Gate
The U.S. Securities Investor Protection Act provisions make customers of a futures commission merchant like Peregrine ineligible for payment, the investor protection corporation’s chief executive officer, Stephen Harbeck, said Wednesday. Harbeck said his …
