Wednesday, April 6, 2011

The Law Business Insider

Steve Murphy, Executive Producer & Host of the nationally syndicated radio Show, The LawBusiness Insider, www.lbishow.com, features well known Wall Street Insider and Bestselling Author Norb Vonnegut discussing his latest bestseller, "Gods of Greenwich", and KQED Public Radio Editor and Bestselling author Tyche Hendricks and her vivid, evocative new book, "The Wind Doesn't Need a Passport"

Publishers Weekly proclaims....“Vonnegut, a financial professional himself, not only gets the language and tone of Wall Street right but has an instinctive feel for dialogue and action. Especially enjoyable is the rip-roaring finale at the Bronx Zoo.”

"The Wind Doesn’t Need a Passport: Stories from the U.S.-Mexico Borderlands", by award-winning journalist Tyche Hendricks, was published by the University of California Press in June 2010. Hendricks, a veteran immigration reporter, shows that decisions about how we handle the border and immigration have wide-ranging implications.

Please tune in and listen to these important and exciting interviews
:
http://lbishow.com/index.php?option=com_content&view=article&id=345:featured-guest-norb-vonnegut-a-tychee-hendricks&catid=51:americas-best-selling-authors-series

2 charged with insider trading involving law firms

Federal authorities have charged two men with running an insider trading scheme that netted more than $30 million with information stolen from law firms.

Garrett Bauer is scheduled to appear in U.S. District Court in Newark, N.J., on Wednesday afternoon. Matthew Kluger will make his first appearance in federal court in Alexandria, Va.

They're accused of trading on inside information stolen from Wilson Sonsini Goodrich & Rosati, a law firm with offices in Washington, D.C., New York, San Francisco and Hong Kong.

Authorities also allege the decades-long scheme used information stolen from prominent New York law firms Cravath Swaine & Moore and Skadden, Arps, Slate, Meagher & Flom.

Monday, February 14, 2011

Rep. Pomeroy joining DC law firm as health adviser

North Dakota Rep. Earl Pomeroy, who was defeated in his campaign for a 10th term, said he will join a Washington, D.C., law firm next week as an attorney and adviser on health policy.

Alston & Bird, which has more than 800 lawyers, said Tuesday it had hired the veteran Democrat and his House chief of staff, Bob Siggins, to work for its health care group.

Federal law bars Pomeroy from lobbying Congress for a year. Pomeroy said he may do lobbying work once the prohibition is lifted.

He said he doesn't believe he will be asked to advocate policies he opposed as a member of Congress or to represent clients who worked to turn him out of office. Republican Rick Berg, a Fargo property developer and former North Dakota state legislator, defeated Pomeroy in November.

"I want the work that I do in health policy to be consistent with trying to make a better health care system," Pomeroy said. "I have received assurances from the firm that I won't be asked to work on something that I fundamentally don't agree with. . No, I don't intend to sell out."

Murdoch firm to pay Insignia $125 million

Rupert Murdoch's News America Marketing has agreed to pay a whopping $125 million to settle a years-long lawsuit brought by tiny Insignia Systems Inc. that alleged Murdoch's people unfairly interfered and lied in attempt to take business from the Plymouth company, which provides in-store promotions.

The settlement, which is more than Insignia's market value and more than four times its 2009 revenue, was reached a day after the trial commenced before U.S. District Judge John Tunheim in Minneapolis.

The deal was announced after the markets closed Wednesday. Insignia's stock has traded lately at more than $6.50 per share, a five-year high and partly in anticipation by traders that Insignia would win a favorable outcome in light of recent, similar settlements reached by other competitors of News America, which is part of Murdoch's News Corp. holdings. Insignia shares closed at $7.57, up 3 percent in Wednesday's trading.

Feds: Young Muslims revered NC terrorism leader

Daniel Patrick Boyd developed a following in his local Muslim community as believers learned about his time waging war against the Soviets in Afghanistan, and he used that stature to tell young followers about the need for violent jihad, prosecutors said Wednesday.

Boyd has now acknowledged his involvement in supporting and plotting terrorism, pleading guilty in federal court to a pair of charges as prosecutors laid out new details of his activities. The plea provided the government with a crucial conviction against what they have described as a ringleader who guided a Raleigh-area group that sought to wage war against nonbelievers.

Prosecutors said the case illustrated the growing concern of homegrown terrorism.

"The radicalization of Muslims here in our country is a very serious threat," U.S. attorney George Holding said.

More than a half-dozen others have been charged in the case, and most of them were younger than 25 when they were indicted in July 2009, including two of Boyd's sons — Zakariya and Dylan. A trial is scheduled for September. Prosecutors said Boyd is cooperating in the case.

With his once-flowing beard shaven clean and hair slicked back, Boyd tearfully answered a judge's yes-or-no questions before finalizing his guilty plea. He smiled at a few family members in the audience. They declined to comment after the hearing, though his wife has said in the past that he was not involved in terrorism.

Court tells man to stay away from Facebook founder

Facebook founder Mark Zuckerberg has obtained a temporary restraining order against a California man accused of stalking him, his girlfriend and his sister.

A Santa Clara County Superior Court judge on Feb. 1 ordered 31-year-old Pradeep Manukonda of Milpitas to stay away from Zuckerberg and stop contacting him.

Manukonda tried to contact Zuckerberg numerous times in December via letter, e-mail and Facebook, including more than 20 times in one day, Facebook security officer Todd Sheets said in a court declaration. Manukonda also left a note on Zuckerberg's car and was later spotted outside his house, Sheets said.

Guards stopped Manukonda just as he was about to walk up the front stairs to Zuckerberg's Palo Alto residence, where Zuckerberg's girlfriend was inside, according to court documents.

Sheets said he contacted Palo Alto police at the time and that an officer gave Manukonda a verbal stay-away order. Two days later, Sheets says Manukonda sent Zuckerberg a letter at his home and flowers two days after that, despite an in-person interview with Sheets where he promised to stop.

Manukonda did not immediately return messages seeking comment. Facebook confirmed the restraining order but declined to comment.

In the letters included as evidence in the court file, Manukonda pleads with Zuckerberg for a few minutes of his time. Though his requests are vague, he appears to be seeking money to pay for medical treatment for his mother.