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Florida Probing Law Firm in Foreclosures
Law Firm News |
2010/05/02 09:24
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pThe Florida attorney general's office is investigating possible misconduct by a large law firm that files foreclosures for banks, according to a posting on its Web site./ppThe Web site said the office is looking at whether Florida Default Law Group, based in Tampa, was involved in fabricating and/or presenting false and misleading documents in foreclosure cases. Mortgage documents that are used to prove a bank has a right to foreclose have later been shown to be legally inadequate and/or insufficient, the Web site said./ppA spokeswoman for Florida Default declined to comment. Ryan Wiggins, a spokeswoman for Attorney General Bill McCollum, said the investigation began last fall./ppThe civil probe comes as some judges and federal prosecutors in Florida are paying close attention to how banks—and so-called foreclosure-mill law firms that work for banks—are attempting to take control of homes from borrowers in default. Judges across the country have chastised banks and their attorneys for attempting to seize properties they can't prove they own. /ppLast month, a Florida judge said that a mortgage document filed by a bank in a foreclosure case was part of an intentional effort to mislead the court.
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Put an age limit on Supreme Court justices
Law Firm News |
2010/04/28 08:53
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pWhen President George W. Bush and his lawyers were insisting the commander in chief had the sole power to run the new war on terror, Judge Diane Wood sharply criticized that view./ppWood, now on President Obama's list as a possible Supreme Court nominee, wrote in a 2003 Chicago law review article that in a democracy, those responsible for national security must do more than say ‘trust us, we know best.' Secret prisons and secret evidence do not comport with the rule of law, she said./ppWhen the Bush administration argued that a Chinese Muslim could be held indefinitely as a Guantanamo Bay prisoner because he had gone to Afghanistan and may have associated with the Taliban, Judge Merrick Garland disagreed./ppGarland, also on Obama's short list for the Supreme Court, wrote two years ago for the U.S. Court of Appeals in Washington that Lewis Carroll notwithstanding, the fact that the government has ‘said it thrice' does not make the allegation true. There was no evidence that the Uighurs were enemy combatants, he said.
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US lawmaker urges action on Russian lawyer's death
Legal News |
2010/04/28 07:53
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pA U.S. senator urged the State Department on Monday to deny entry to the United States for all Russian officials allegedly responsible for the prison death of a lawyer./ppSergey Magnitsky died in November after spending almost a year in jail. He was awaiting trial on tax-evasion charges linked to his work with a British investor barred from Russia because of allegations he was a security risk./ppSen. Benjamin Cardin, D-Md., released a letter he wrote to Secretary of State Hillary Rodham Clinton asking her to deny entry to the United States of several senior officials from the Russian Interior Ministry, the Federal Security Service and the Federal Tax Service./ppMagnitsky's colleagues and attorney believe the public officials listed by Cardin were involved in the lawyer's death./ppWe can take the concrete action to ensure those public officials and others who share responsibility for this crime should be denied entry visas to the United States, Cardin wrote. Since the death, a number of prison officials have been fired, but no one has been prosecuted for his torture or death, nor for participating in the corruption he exposed.
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The Shuman Investigates Ormat Technologies Inc.
Legal News |
2010/04/19 07:38
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pThe Shuman Law Firm today announced that it is investigating potential breaches of fiduciary duty by certain officers and directors at Ormat Technologies Inc./ppThe investigation concerns whether the Company's directors and officers caused the Company to issue materially false and/or misleading financial statements. These statements eventually resulted in the Company restating its financial results. /ppOn February 24, 2010, Ormat disclosed that the Board of Directors and Audit Committee of the Company, upon recommendation of management and after discussions with the U.S. Securities and Exchange Commission, had concluded that the Company's financial statements for the year ended December 31, 2008 required restatement and should no longer be relied upon. The Company restated its results because it improperly capitalized costs incurred in connection with the exploration and development of certain properties that it did not plan to develop. Upon this news, the price of Ormat stock declined more than 12.81% over the three days following the disclosure of this announcement. /ppIf you currently own shares of Ormat and are interested in discussing your rights as an Ormat shareholder, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free at 866-974-8626 or email Mr. Shuman at a href=mailto:kip@shumanlawfirm.comkip@shumanlawfirm.com/a or Mr. Glenn at a href=mailto:rusty@shumanlawfirm.comrusty@shumanlawfirm.com/a.
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