LAW FIRM

Facebook?s Rehabilitation - A Month Post-IPO, Baby Steps In Recovery

Facebook
On May 18, Facebook closed its first day as a public company at $38.23, valuing itself around $105 billion. On Tuesday at mid-day, it traded near $31.50. Still, despite the vilification of the IPO, the slumping share price and dozens of class action lawsuits filed in federal courts in New York and California, Facebook, a damaged brand, has followed the advice of New York image guru Clive Chajet who said it should ignore the press and stick to its knitting.
Michelle Obama

Michelle Obama In Her Wedding Dress, A Fashionable Addition To Pinterest

Michelle Obama decided to give the world a more intimate glimpse of her life as the First Lady of the United States, as well as her life before the White House, with a new Pinterest page. One of her most talked-about pins as of yet is a photo from her wedding day, where Michelle poses next to Barack in her wedding dress.
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1301 Sixth

Too Big To Succeed? Dewey & LaBoeuf's Demise Mirrors Real Estate Collapse

The global headquarters of Dewey & LaBoeuf LLP, a glass-sheathed office tower in midtown Manhattan, has a commanding view of a stretch of Sixth Avenue looking downtown. A pair of statues, designed by artist Jim Dine, rise from the plaza of the stately office, overlooking Rockefeller Center. But now, it will be the law firm's ornate tomb, a reminder of its glory days.
A trader works in the J.P. Morgan stall on floor of the New York Stock Exchange, September 14, 2009.

SEC 'Probably' Drafting JPMorgan Subpoenas: Former Agent

U.S. Securities and Exchange Commission investigators are probably in the process of drafting subpoenas against JPMorgan Chase & Co. (NYSE: JPM), if they have not already filed them, regarding the bank's loss of $2 billion through proprietary trading, said ex-SEC New York Regional assistant director Joseph Dever.
Occupy Wall Street demonstrators gather at the Vietnam Veterans Memorial Plaza, on the city park site

Occupy Wall Street May Day Protesters May Have Been Unlawfully Arrested

On May Day, the New York Police Department arrested twelve demonstrators from Occupy Wall Street -- part of a larger group of 86 people taken in that day -- for refusing to disperse from a gathering that was underway inside a city park. The problem: the demonstrators were not in a park at all when they were detained.
Tourists stand outside the Wynn Casino in Macau

Wynn Resorts Gets Gov't OK For Macau Cotai Casino

Wynn Resorts, Limited (Nasdaq: WYNN) received approval to begin breaking ground at its 51-acre casino sight on Macau's Cotai strip, an approval that has been in limbo since March, the company said Wednesday.
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Greenberg says it discussed hiring Dewey lawyers

Law firm Greenberg Traurig LLP on Friday said it has had preliminary discussions about hiring lawyers from Dewey & LeBoeuf LLP, which is struggling amid high debt and a raft of partner defections.

Sprint Sued By New York For $300 Million; Service Provider Denies Tax Fraud

Sprint Nextel Corp., which is the third-biggest mobile service provider in the U.S., has been sued by the state of New York for allegedly not collecting or paying millions of dollars in taxes. Though Sprint denies these accusations, the company stands to pay more than $300 million if the claims are proven true.
Facebook

Facebook Wants Ceglia 50 Percent Ownership Lawsuit Dismissed: Why?

Facebook has formally asked a federal judge to dismiss its ongoing case against Paul Ceglia, citing a mountain of evidence that would prove Ceglia's claims were fraudulent. Attorneys for Facebook called the lawsuit opportunistic and fraudulent, while Ceglia's attorneys claim their client, seeking half-ownership of Facebook, deserves his day in court.

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