Legal / Fraud

ISC, SunTrust Sue Each Other Over Solar Generator Deal Gone Bad

SunTrust Equipment Finance & Leasing and ISC have filed mutual suits against each other in the fallout of a deal with a third, now-bankrupt company, DC Solar, according to the The Daytona Beach News-Journal. read more

Moritt Hock & Hamroff’s Arenth Appointed Vice-Chair of ABA Committee

Moritt Hock & Hamroff partner Terese L. Arenth was appointed by the American Bar Association to serve as vice-chair of its Promotion & Marketing Law Committee. read more

Marlow Joins Moritt Hock & Hamroff as Partner

Law firm Moritt Hock & Hamroff hired Danielle J. Marlow as a partner in its Ligation practice group. Marlow will reside in the firm’s Garden City office in New York. read more

Crisp Joins Holland & Hart Commercial Finance Practice

Timothy Crisp joined Holland & Hart’s Commercial Finance practice. Crisp brings sophisticated commercial finance expertise to advise a broad spectrum of traditional and non-traditional lenders and borrowers. read more

Gappmayer Joins Holland & Hart Commercial Finance Practice

Holland & Hart added Burke Gappmayer as a partner to the firm’s Commercial Finance practice in Salt Lake City. read more

Capital One Credit Card Applicant Info Compromised After Data Breach

According to the Washington Post, up to 100 million Capital One credit card applicants may have had their data stolen by a hacker, including Social Security and bank account information. read more

CS Victims: Credit Suisse Won’t Return Funds Stolen in $1B Fraud

Despite assurances to a Geneva court, Credit Suisse has thus far refused to return funds stolen from clients during a near $1 billion years-long fraud executed by one of its own employees, according to CS Victims. read more

Blank Rome Opens Chicago Office and Adds Four-Partner Group

Blank Rome expanded its national platform to Chicago, with the addition of a four-partner group. The law firm expects the new office to launch upon the completion of certain regulatory requirements. read more

Rabinowitz, Cieplak Join Latham & Watkins FinTech Practice

Mitchell Rabinowitz and Jenny Cieplak joined law firm Latham & Watkins’ Washington, D.C. office as partners in the Financial Institutions and FinTech Industry Groups within the Corporate Department. read more

O’Rourke Appointed Chair of Moritt Hock & Hamroff Corporate & Securities Practice

Law firm Moritt Hock & Hamroff appointed Dennis C. O'Rourke chair of its Corporate & Securities Practice Group. read more

Noah Bank CEO Indicted on Bribery, Fraud Charges

The United States Attorney's Office arrested Edward Shin, the CEO of Noah Bank, for allegedly taking bribes in connection with the bank's issuance of loans and causing the bank to issue loans to companies in which he had a secret interest. read more

Celadon Group to Pay $42.2MM in Restitution for Securities Fraud

Trucking company Celadon Group agreed to pay total restitution of $42.2 million for filing materially false and misleading statements to investors and falsifying books, records and accounts. read more

Fed Fines Standard Chartered $164MM

The Federal Reserve Board has fined Standard Chartered Bank of London and its parent company $164 million for the firm's unsafe and unsound practices relating to inadequate sanctions controls and failure to disclose sanctions risks to the Federal Reserve. read more

PwC Reaches $335MM Settlement with FDIC Over Audits of Failed Bank

The FDIC reached a $335 million settlement with PricewaterhouseCoopers related to professional negligence claims brought by the FDIC against accounting firm arising out of the audits of the failed Colonial Bank. read more

Hercules Capital CEO Steps Down After Charge in College Admissions Scheme

Hercules Capital CEO Manuel Henriquez has voluntarily stepped aside as the firm’s chairman and CEO. According to Bloomberg, the news comes in the wake of Henriquez’s indictment by federal authorities because of his alleged involvement in the college admissions cheating scandal. read more

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Terry Mulreany
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