Money Laundering Wachovia to pay $160 million in deferred prosecution By: John Pacenti Wachovia Bank has agreed to pay $160 million for failing to effectively monitor more than $420 billion in transactions with Mexican currency exchange businesses.
Sponsor Spotlight
Jorge Rey
Healthcare companies: Are you at risk?
The HITECH Act took effect 2/17/10; all healthcare businesses must comply with new rules about electronic health records, or risk significant penalties. Kaufman, Rossin’s Jorge Rey discusses the rules and the risks.
Rothstein Fallout Questions raised in 2008 about $15 million in bank transfers By: Julie Kay
An accountant for Scott Rothstein’s defunct law firm received spreadsheets that “made no sense” weeks before the law firm chairman’s $1.2 billion fraud collapsed.
John Lukacs
Tobacco Suits Appellate ruling deemed big victory by smoker attorneys By: Jose Pagliery The 3rd District Court of Appeal has upheld a $24.8 million smoker award against tobacco companies, scoring a win for attorneys representing people hurt by cigarettes.
The Mayfair
Condo Hotel Unit owners cry foul over Mayfair’s fees By: Paola Iuspa-Abbott Investors who bought condo-hotel units in Miami’s Mayfair Hotel & Spa during the housing boom say they’re being pushed into foreclosure by maintenance fees.
L-R: James F. Sposato, Mitchel Chusid and Gary S. Rosner
Jury Verdicts & Settlements $4.35 million obtained in road hazard death By: Review staff & VerdictSearch
Drivers heading north on I-75 in Sarasota had no warning as they approached a construction project that brought traffic to a halt shortly after midnight on Oct. 1, 2007.
Banking BankAtlantic stock up almost 80% By: Polyana da Costa
Despite 10 straight quarterly losses, Fort-Lauderdale based BankAtlantic Corp. has seen its stock surge almost 79 percent in the past five days.
Fee Dispute Judge blocks rival's effort to learn value of Facebook's stock By: Nate Raymond In a dispute between a law firm and the former owners of technology company ConnectU, a judge has blocked an attempt by ConnectU to force rival Facebook to answer subpoenas seeking information on the value of its stock.
Social Networking Social networking pitfalls for judges, attorneys By: Ken Strutin The perils of online communication by judges and lawyers have emerged in several scenarios that highlight what happens when social networking sites and ethical boundaries meet.
The 3rd District Court of Appeal has upheld a $24.8 million smoker award against tobacco companies, scoring a win for attorneys representing people hurt by cigarettes.
Investors who bought condo-hotel units in Miami’s Mayfair Hotel & Spa during the housing boom say they’re being pushed into foreclosure by maintenance fees.
In a dispute between a law firm and the former owners of technology company ConnectU, a judge has blocked an attempt by ConnectU to force rival Facebook to answer subpoenas seeking information on the value of its stock.
