You are here: Home >Archive for December 27th, 2011

Rigrodsky & Long, PA Announces Investigation of Cogdell Spencer Inc.’s …

Rigrodsky Long, P.A. announces that it is investigating potential claims against the board of directors of Cogdell Spencer Inc. (“Cogdell” or the “Company”) (NYSE: CSA) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Ventas, Inc. (“Ventas”) in a transaction with [...]

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Law School Calls ABA Denial of Accreditation Antitrust Violation

     KNOXVILLE, Tenn. (CN) – The Lincoln Memorial University Duncan School of Law sued the American Bar Association in a $1 million antitrust complaint, claiming the ABA arbitrarily and capriciously denied it provisional accreditation, to limit competition among law schools.     According to the school’s Internet home page, the school “announced plans to pursue a Doctor of Jurisprudence [...]

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Laws restrict sex offenders even after jail time

Although some registered sex offenders were convicted of horrendous crimes, most are not the proverbial boogeyman ready to snatch and harm children, civil rights advocates say. They’ve made a mistake, advocates say. Some might have been 18-year-olds who had sex with a 15-year-old girlfriend. Some might have unintentionally downloaded child pornography. Yet a myriad laws [...]

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MetLife to sell bank unit to GE Capital

By Ben Berkowitz and Tanya Agrawal Tue Dec 27, 2011 11:52pm IST (Reuters) – General Electric Co (GE.N) jumped into the retail deposits business on Tuesday, buying the online bank from life insurer MetLife Inc (MET.N) in a deal that will let GE’s capital arm expand its funding base and lessen reliance on wholesale markets. [...]

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Mizuho Seeks Asian Assets from European Banks

BY ATSUKO FUKASE TOKYO—Mizuho Financial Group Inc. is open to buying Asian assets that European banks have put up for sale but not those institutions’ European assets and businesses, the group head of the Japanese mega-bank said. Mizuho, which suffered a computer system breakdown earlier in the year that affected millions of customers across Japan, [...]

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New Law School Sues ABA for Accreditation

     KNOXVILLE, Tenn. (CN) – The Lincoln Memorial University Duncan School of Law sued the American Bar Association in a $1 million antitrust complaint, claiming the ABA arbitrarily and capriciously denied it provisional accreditation, to limit competition among law schools.     According to the school’s Internet home page, the school “announced plans to pursue a Doctor of Jurisprudence [...]

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Mother says her autistic son was put in bag as discipline at school

(CNN) — A Kentucky woman says special education teachers put her autistic 9-year-old son inside a net ball bag as punishment at his school. The mother, Sandra Baker, told CNN Monday that she was called to her son’s elementary school on December 14, because he was being unruly. “I saw a big green bag with [...]

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MetLife to Sell Depository Business of MetLife Bank to GE Capital Financial

NEW YORK–(BUSINESS WIRE)– MetLife, Inc. (MET) announced today that GE Capital Financial Inc. will acquire most of the depository business of MetLife Bank, N.A. Financial terms of the transaction, which is expected to close in the second quarter of 2012, were not disclosed. Under the definitive agreement signed by GE Capital and MetLife Bank, GE [...]

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GE, Delphi Financial, Barclays, TD, News Corp. in Court News

General Electric Co. (GE) agreed to pay $70.4 million to resolve a criminal investigation and civil claims for conspiring to rig bids on U.S. municipal-bond deals, overcharging state and local governments on investments. GE Funding Capital Market Services, a former unit, is the fifth company to settle in a federal probe of more than five- [...]

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IUPUI School of Law named after school alumni

A $24 million donation by attorney, banker and civic leader Robert McKinney to the IU-Purdue University Indianapolis School of Law resulted in an important announcement Dec. 1. IU President Michael McRobbie stood before a small crowd at a press conference to reveal the school’s new name, Robert H. McKinney School of Law. “This is one [...]

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