Action News


Sydney Morning Herald

Facebook IPO is flashback to dot-com class action
Reuters
Eventually, some 309 IPO shareholder class actions were rolled into a giant multidistrict lawsuit called In re: Initial Public Offering Securities Litigation. The plaintiffs said underwriters allocated IPO stakes to institutions on the condition that ...
Facebook Hit With Class Action Lawsuits Following Fubar IPOWebProNews
Facebook, Morgan Stanley face class-action suit over IPOLos Angeles Times
Securities Class Action Lawsuit Filed Against Facebook by Law Offices Bernard ...MarketWatch (press release)

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Comedic action projects for Luc Besson and Relativity
Chicago Tribune
"Malavita," part dark comedy, part action movie, tells the story of the Manzonis, a mafia family that gets relocated to Normandy as part of a witness protection program. Besson wrote the script, adapted from "Badfellas" by Toninio Benacquista.

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Disciplinary action for Bell audit firm
San Francisco Chronicle
(AP) -- State officials are taking disciplinary action against an accounting firm that failed to find problems in audits of the financially troubled city of Bell. Board of Accountancy spokeswoman Lauren Hersh tells the Los Angeles Times ...

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Shareholder Class Action Filed Against Facebook, Inc. by the Law Firm of ...
MarketWatch (press release)
Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Facebook, Inc. (NASDAQ:FB) ("Facebook" or the "Company") pursuant ...

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New York Post

Behind the scenes at MSG as former foes take in action together
New York Post
By JUSTIN TERRANOVA ?Something is going to happen here,? the former Devils defenseman said after New Jersey made it 3-0 in Game 3 of their Eastern Conference final against the Rangers. Minutes later that something turned out to be Rangers winger Mike ...
Fire and iceFOXSports.com

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The Republic

SEC Staff Said to End Lehman Probe Without Seeking Action
Bloomberg
US Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined that they will probably not recommend any enforcement action against the firm or its former ...
SEC Staff End Lehman Probe w/o Action CallBusinessWeek
Despite Doubts, Lehman Charges Still PossibleNew York Times

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Fort Worth Star Telegram

Colonial First Round Action
Fort Worth Star Telegram
Former Colonial winners Zach Johnson (left, 2010) and Sergio Garcia (right, 2001) talking on the #8 green. Johnson is the early leader Thursday with a 64. Garcia shot a 66. Coverage of the first day of competition at the 2012 Crowne Plaza Invitational ...

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TEXT-Fitch takes rating action on TDA Credifimo deals
Reuters
A full list of ratings actions is at the end of this commentary. The downgrades of the four tranches reflect the continued adverse performance of loans originated by Credifimo whereas the Rating Watch Negative (RWN) is maintained due to Fitch's ...

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Daily Mail

Disciplinary action can be taken against Gen: HC
Times of India
NEW DELHI: The Delhi high court on Thursday ruled that the Centre cannot be asked to withdraw a press release issued by the Army against a retired lieutenant general, but disciplinary action "can be taken" against the Army chief and four others who ...
Army chief can face action for defamation, rules Delhi HCEconomic Times
Army chief hauls up Lt-Gen Dalbir Suhag for 'botched' probeDaily Mail

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Bloomberg

Rajoy Urges ECB Action to Reverse Surge in Spanish Yields
San Francisco Chronicle
(Adds background from third paragraph. For more on the euro crisis, click on {EXT4 }) May 24 (Bloomberg) -- Spanish Prime Minister Mariano Rajoy called on the European Central Bank to act to bring down rising borrowing costs after Spanish bond yields ...
Rajoy Urges ECB Action to Reverse Surge in Spanish Bond YieldsBloomberg

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