BigLaw partner is charged with securities fraud in connection with alleged Ponzi scheme
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
Resolving allegations of misleading buyers about the quality of mortgage-based securities sold in the years preceding the 2008 financial crisis, the London-based lender, HSBC Holdings has finally put an end to a decade old scandal. The U.S. housing market crash a decade ago was largely triggered by residential mortgage backed securities, while left investors fuming […]
A little over 10 years ago, few people had heard of mortgage-backed securities . Yet that changed when MBS brought the global financial system to its knees. Foreclosure News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
The cited provisions are choice-of-law provisions that select the governing law for the intermediary account agreement, which under the Hague Securities Convention will then also dictate the governing law for other issues regarding the securities, enumerated in Article 2 of the Convention, such as perfection of liens and priority of interests. By designating the governing […]
ABA Journal Daily News
A disbarred New York securities lawyer who subsequently moved to Florida has been sentenced to 2½ years in prison and ordered to pay $ 1.95 million… ABA Journal Daily News