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SEC widens insider trading net

When the U.S. Securities and Exchange Commission filed federal fraud charges against the powerful New York hedge fund Galleon Management and its billionaire owner, officials seized the opportunity to issue a warning to those working in the industry.

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Lawyer’s e-mails to co-owner deemed privileged

The advice a corporate lawyer gave to only one of two doctors who co-owned a health center was protected by the attorney-client privilege, a Massachusetts Superior Court judge has ruled.

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Survey on briefs offers companies more certainty

As an appeals specialist, David A.F. Lewis spends a lot of time trying to fathom the desires of his audience — state and federal judges. Specifically, Lewis said, he wonders what judges want to see in appellate briefs, the documents ...

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Court’s ruling on NLRB affects hundreds of decisions

Labor and employment lawyers’ jobs got a little trickier after the U.S. Supreme Court decided that nearly 600 rulings from the National Labor Relations Board were handed down while the board lacked the authority to act.

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‘Honest-services’ case narrows limits of law

A favorite tool of prosecutors in cases involving public corruption or corporate financial wrongdoing lost some of its edge after the U.S. Supreme Court ruled that the so-called “honest-services” fraud statute applies only to bribery and kickback schemes. The Supreme ...

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Pool manufacturer, seller not liable for diving accident

The manufacturer and seller of a swimming pool could not be held liable to a plaintiff who broke her neck when she slipped and fell while attempting to dive into the pool, the 1st U.S. Circuit Court of Appeals has found.

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Employer’s bid to dodge fees in non-compete case fails

A company that unsuccessfully sued to enforce a non-compete agreement against a former employee must pay counsel fees as required by the agreement even though the fees were actually incurred by the worker’s new employer, a Superior Court judge in ...

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SEC cases vs. companies: lessons from the litigators

The way to think about SEC cases brought against companies and management is simple: The SEC hates liars. This proposition should not be startling. What is interesting is the wide variety of packages in which untruths arise, some sufficiently subtle ...

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Controlling cost of e-discovery more important than ever

Electronically stored information is the mine where golden nuggets of information reside. However, it is incumbent upon counsel to find the veins of ore, rather than spending time breaking rocks. Otherwise, the costs of discovery will prevent parties from access ...

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Navigating the professional pitfalls of social media

Social networking and Web 2.0 have become the “standard” in business to business professional networking. They also have become the norm in the way in which we stay connected to friends and family. LinkedIn has more than 50 million registered ...

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