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	<title>Attorney At Law &#187; Corporate Fraud</title>
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	<link>http://www.attorneyatlaw.com</link>
	<description>Your source for legal news</description>
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		<title>iPhone Users Sue for Phones Without Multimedia Messaging Service</title>
		<link>http://www.attorneyatlaw.com/2009/12/iphone-users-sue-for-phones-without-multimedia-messaging-service/</link>
		<comments>http://www.attorneyatlaw.com/2009/12/iphone-users-sue-for-phones-without-multimedia-messaging-service/#comments</comments>
		<pubDate>Tue, 22 Dec 2009 16:17:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Corporate Fraud]]></category>
		<category><![CDATA[For the consumer]]></category>
		<category><![CDATA[Legal News]]></category>
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		<description><![CDATA[A class-action lawsuit seeking more than $5 million in damages has been filed on behalf of all iPhone users in Texas who claim they were lied to, mislead, and ripped by purchasing phones that were not equipped with multimedia messaging service. Henri and Allison Friloux filed their lawsuit on Dec. 16 against Apple Inc. and AT&#38;T Mobility LLC. The suit seeking class-action status was filed in the Sherman Division of the Eastern District of Texas, according to a report in &#8230;]]></description>
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		<title>Bear Stearns Hedge Fund Managers Not Guilty of Fraud</title>
		<link>http://www.attorneyatlaw.com/2009/11/bear-stearns-hedge-fund-managers-not-guilty-of-fraud/</link>
		<comments>http://www.attorneyatlaw.com/2009/11/bear-stearns-hedge-fund-managers-not-guilty-of-fraud/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 20:51:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Corporate Fraud]]></category>
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		<description><![CDATA[Two former Bear Stearns hedge fund managers have been acquitted of lying to investors about the health of two investment accounts just as the epic U.S. financial downturn was gaining speed. Ralph Cioffi and Matthew Tannin were the first Wall Street executives put on trial for criminal charges of fraud for their actions. Federal prosecutors accused the men of deceiving clients and reassuring them that their investments were safe, all the while knowing the shaky funds tied to sub-prime mortgages &#8230;]]></description>
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		<title>Trial of Former Bear Stearns Money Managers Goes to Jury</title>
		<link>http://www.attorneyatlaw.com/2009/11/trial-of-former-bear-stearns-money-managers-goes-to-jury/</link>
		<comments>http://www.attorneyatlaw.com/2009/11/trial-of-former-bear-stearns-money-managers-goes-to-jury/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 22:56:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Corporate Fraud]]></category>
		<category><![CDATA[Stock Brokers]]></category>

		<guid isPermaLink="false">http://www.attorneyatlaw.com/2009/11/trial-of-former-bear-stearns-money-managers-goes-to-jury/</guid>
		<description><![CDATA[The fate of two former Bear Stearns hedge fund managers accused of fraud in the offering of subprime mortgage-backed securities at the onset of the nation’s financial crisis is now in the hands of a New York City jury. Ralph Cioffi and Matthew Tannin are the first Wall Street defendants to face criminal charges of fraud for their alleged roles in the world’s financial disaster. The men are accused of lying to investors about the health of the investment accounts &#8230;]]></description>
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		<title>States Sue Amgen for Drug Sales Kickback Scheme</title>
		<link>http://www.attorneyatlaw.com/2009/10/states-sue-amgen-for-drug-sales-kickback-scheme/</link>
		<comments>http://www.attorneyatlaw.com/2009/10/states-sue-amgen-for-drug-sales-kickback-scheme/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 19:09:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
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		<description><![CDATA[Fifteen states filed a lawsuit today against global biotechnology giant Amgen Inc. for allegedly engaging in fraudulent billing practices and illegally offering doctors cash, trips, and other perks to increase sales of one of its best-selling drugs. The lawsuit was brought by the attorneys general of New York and 14 other states against California-based Amgen, one of the world’s largest biotech companies. The states say Amgen encouraged doctors to bill Medicaid, Medicare, and other third parties for Aranesp, a company &#8230;]]></description>
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		<title>A Drop in the Bucket: Madoff Victims Paid Just $534 Million</title>
		<link>http://www.attorneyatlaw.com/2009/10/a-drop-in-the-bucket-madoff-victims-paid-just-534-million/</link>
		<comments>http://www.attorneyatlaw.com/2009/10/a-drop-in-the-bucket-madoff-victims-paid-just-534-million/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 18:22:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Corporate Fraud]]></category>
		<category><![CDATA[Legal Briefs]]></category>
		<category><![CDATA[Stock Brokers]]></category>

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		<description><![CDATA[Only $534 million has been approved as payment to victims of convicted Ponzi schemer Bernard Madoff, who is serving life in prison after admitting he ripped off thousands of investors to the tune of about $65 billion, officials said. Irving Picard, the court-appointed trustee overseeing claims against Madoff’s former financial empire, said the amount to be paid represents just one-eighth of the $4.4 billion in allowed claims which have been identified. More than 2,800 former Madoff clients have filed direct &#8230;]]></description>
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		<title>Stanford Ponzi Scheme Lawsuits Consolidated Into Texas MDL</title>
		<link>http://www.attorneyatlaw.com/2009/10/stanford-ponzi-scheme-lawsuits-consolidated-into-texas-mdl/</link>
		<comments>http://www.attorneyatlaw.com/2009/10/stanford-ponzi-scheme-lawsuits-consolidated-into-texas-mdl/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 21:21:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
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		<description><![CDATA[As many as 17 lawsuits brought by former investors for money lost in the alleged $8 billion Ponzi scheme run by accused swindler Allen Stanford have been consolidated into a multidistrict litigation in Texas federal court. The United States Panel on Multidistrict Litigation recently ruled that consolidating the separate lawsuits which bring similar allegations of wrongdoing against Stanford and his worldwide investment empire, Stanford Financial Group, “would promote the just and efficient conduct of the litigation.” The consolidated cases will &#8230;]]></description>
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		<title>Two Madoff Victims Sue SEC Seeking Return of $2.4 Million Lost</title>
		<link>http://www.attorneyatlaw.com/2009/10/two-madoff-victims-sue-sec-seeking-return-of-2-4-million-lost/</link>
		<comments>http://www.attorneyatlaw.com/2009/10/two-madoff-victims-sue-sec-seeking-return-of-2-4-million-lost/#comments</comments>
		<pubDate>Wed, 14 Oct 2009 18:52:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">http://www.attorneyatlaw.com/2009/10/two-madoff-victims-sue-sec-seeking-return-of-2-4-million-lost/</guid>
		<description><![CDATA[In what may be the first drop in an expected flood of such lawsuits, two former investors who lost millions in the Ponzi scheme run by Bernard Madoff have sued the Securities and Exchange Commission seeking return of their lost investments. Phyllis Molchatsky and Steven Schneider accuse the SEC of being negligent and breaching its fiduciary duties to investors by failing to detect Madoff’s massive financial scam. The crime was exposed in December 2008, but only after Madoff admitted his &#8230;]]></description>
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		<title>SEC Dropped the Ball on Madoff – Again, Again and Again, Officials Say</title>
		<link>http://www.attorneyatlaw.com/2009/09/sec-dropped-the-ball-on-madoff-%e2%80%93-again-again-and-again-officials-say/</link>
		<comments>http://www.attorneyatlaw.com/2009/09/sec-dropped-the-ball-on-madoff-%e2%80%93-again-again-and-again-officials-say/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 19:54:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Corporate Fraud]]></category>
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		<guid isPermaLink="false">http://www.attorneyatlaw.com/?p=2485</guid>
		<description><![CDATA[A new report out today on the Securities and Exchange Commission’s handling of the Bernard Madoff $65 billion Ponzi scheme finds financial regulators repeatedly failed to uncover the fraudster’s historic rip-off. The report from the SEC inspector general’s office said the agency missed many “red flags” in Madoff’s financial operation, which collapsed in December 2008 when Madoff admitted it was all “a big lie.” Madoff, who pleaded guilty and is now serving a life prison term for his crimes, admitted &#8230;]]></description>
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		<title>Guess Jeans Co-Founder Ordered to Pay $55 Million to Former Employee for Libel</title>
		<link>http://www.attorneyatlaw.com/2009/08/guess-jeans-co-founder-ordered-to-pay-55-million-to-former-employee-for-libel/</link>
		<comments>http://www.attorneyatlaw.com/2009/08/guess-jeans-co-founder-ordered-to-pay-55-million-to-former-employee-for-libel/#comments</comments>
		<pubDate>Mon, 31 Aug 2009 18:08:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">http://www.attorneyatlaw.com/2009/08/guess-jeans-co-founder-ordered-to-pay-55-million-to-former-employee-for-libel/</guid>
		<description><![CDATA[Regular readers of www.attorneyatlaw.com may remember the case of Guess Jeans Co-founder Georges Marciano, who was ordered last month to pay over $370 million to five former employees of the company for defamation. Marciano was sued for accusing the employees of stealing millions in artwork and funds. Now, Marciano has been ordered to pay up for trying to destroy the reputation of his former accountant. Thanks to The Rogers Group in Los Angeles for providing the following update on the &#8230;]]></description>
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		<title>Madoff&#8217;s Right-Hand Man Pleads Guilty in Massive Ponzi Scheme</title>
		<link>http://www.attorneyatlaw.com/2009/08/madoffs-right-hand-man-pleads-guilty-in-massive-ponzi-scheme/</link>
		<comments>http://www.attorneyatlaw.com/2009/08/madoffs-right-hand-man-pleads-guilty-in-massive-ponzi-scheme/#comments</comments>
		<pubDate>Tue, 11 Aug 2009 21:46:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.attorneyatlaw.com/2009/08/madoffs-right-hand-man-pleads-guilty-in-massive-ponzi-scheme/</guid>
		<description><![CDATA[The man who served as a top deputy to admitted Wall Street swindler Bernard Madoff pleaded guilty today to charges he helped carry out the record-setting $65 billion Ponzi scheme. Frank DiPascali for the first time admitted his role in Madoff’s scheme by pleading guilty to charges of conspiracy, securities fraud, perjury, and money laundering. He faces up to more than 100 years behind bars and a half-million dollar fine when he is sentenced at a later date. Madoff was &#8230;]]></description>
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