Business Law News


Investors sue Fla. lawyer in fraud probe for $100M
By CURT ANDERSON AP Legal Affairs Writer MIAMI (AP) - A high-profile South Florida attorney under federal investigation for allegedly running a huge fraud scheme has been sued for $100 million by a group of investors.

7 charged in alleged securities and mortgage scam
RIVERSIDE, Calif. (AP) - State and federal prosecutors have charged seven people in an alleged securities scam that cheated dozens of people out of $17 million.

Global Cash Access agrees to pay $1M in settlement
LAS VEGAS (AP) - Global Cash Access Holdings Inc., which provides cash access services at casinos, has agreed to pay $1 million in a settlement after Arizona authorities initially refused to renew the company's certification in the state.

EU extends Oracle/Sun review deadline until Jan 27
BRUSSELS (AP) - European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned $7.4 billion takeover of Sun Microsystems Inc.

Indian tribe sues over Calif. ranch development
By JACOB ADELMAN Associated Press Writer LOS ANGELES (AP) - An Indian tribe has filed a lawsuit to stop the development of a 5,000-acre gated resort community on a sprawling ranch some 60 miles north of Los Angeles that it claims as tribal land.


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