Legal Eagle Review

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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Investigation In to Creative Capital Consortium, George Theodule, and Others Announced

Written by globenewswire
Friday, 12 December 2008
West Palm Beach, Florida - The securities law firm of Dimond Kaplan & Rothstein, P.A. announced that it has been retained by clients to investigate possible claims to recover investment losses in Creative Capital Consortium accounts managed by George Theodule and others. It is rumored that Creative Capital Consortium, George Theodule, and others engaged in a massive Ponzi scheme, and that investors are believed to have lost millions of dollars.
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Breach of Fiduciary Duty by the Board of Centennial Communications Under Investigation

Written by Globe Newswire
Friday, 12 December 2008
New York, New York - Levi & Korsinsky ("L&K") is investigating breaches of fiduciary duty and other violations of state law by the board of directors of Centennial Communications Corp. ("Centennial" or the "Company") (Nasdaq:CYCL) arising out of their attempt to sell the Company to AT&T Inc. Under the terms of the agreement, Centennial shareholders are to receive $8.50 for each share they own for a total transaction value of approximately $944 million.
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Liner Yankelevitz Investigates Possible Claims Relating to Health Insurance Providers

Written by Globe NewsWire
Friday, 12 December 2008
Los Angeles, California - Liner Yankelevitz Sunshine & Regenstreif LLP ("LYS&R") is investigating the way in which health insurance carriers pay claims when members of the health insurance plans use medical providers who are not part of their network ("Out-of-Network") and potential violations of the Employee Retirement Income Security Act of 1974 ("ERISA"). The investigation focuses on United Healthcare, Aetna, CIGNA, and Blue Shield ("Insurers").
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