Corporate / Securities Law News

WAILUKU, Hawaii - Maui Land & Pineapple Co. says its auditors have found the company's liabilities exceed its assets by more than $60 million, raising doubts about its ability to survive.

Treasure State Bank , a Montana chartered community bank, today announced that it has entered into an agreement with its regulators to strengthen its financial condition and operations.

Medina International Holdings, Inc. received an order for a Firehawk 3710 boat from Lake Norman Fire Department through its wholly owned subsidiary Harbor Guard Boats, Inc.

The year of the Ponzi scheme will be followed by heightened regulation and more aggressive prosecutions, experts say, as U.S. officials respond to past failures.

U.S. securities regulators charged a Houston-based broker on Tuesday with defrauding two Florida government bodies while collecting $14 million in commissions.

Required fields are marked with an asterisk The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications.

Cris Galo , has elected Mr. Edward W. Hayter as President & CEO of BIH Corporation.

U.S. Rep. Pete Sessions hasn't responded to a report that he sent a supportive e-mail to banker R. Allen Stanford hours after Stanford was charged with swindling $7 billion from investors.

It was a rough year for Ponzi schemes. In 2009, the recession unraveled nearly four times as many of the investment scams as fell apart in 2008, with "Ponzi" becoming a buzzword again thanks to the collapse of Bernard Madoff's $50 billion plot.

Dark pools have carried an ominous connotation since the term was first coined about five years ago.

Somehow I got the idea life was a spectator sport and became an adept at underachievement, until I was inspired, by a ministroke, to spend more time reading, thinking, and has been working to ensure honesty and integrity from businesses and the market to protect investors and keep confidence in the markets as a whole.

The Securities and Exchange Commission has frozen the assets of two French nationals the government has charged with insider trading for allegedly trying to use inside information to profit off the sale of the company that manufactures Gold Bond lotions and powders.

Every decade has its mistakes, of course, but one nice thing about the past 10 years' foibles, foul-ups and flubs is that so often they came with neat, two-word monikers, almost like keepsakes: "Wardrobe malfunction." "Mission Accomplished." "Balloon boy." Here's a review of 10 what-were-they-thinking moments.

With the deal of the year almost behind them, two of the chief architects of Comcast's joint venture agreement to gain control of NBC UniversalA -- chief operating officer Steve Burke and chief financial officer Michael Angelakis -- signed new employment deals recently, according to documents filed with the Securities and Exchange Commission.

Saia, Inc. , a leading multi-regional less-than-truckload carrier, today announced that it has agreed to sell 2,310,000 shares of its common stock at a price of $11.50 per share to certain qualified institutional buyers in a private placement.

The OneBeacon Charitable Trust has announced a $50,000 donation allocated to 15 community food banks across the country in recognition of the holiday season.

GNC has been the exclusive national a oebrick and mortara retailer of Stemulitea Fitness Formula for Men and Stemulitea Fitness Formula for Women since February of 2009.

The Securities and Exchange Commission filed securities fraud charges against an Austin, Texas investment advisor and two of his businesses alleging he conducted a "multi-million dollar scam" that used former professional football players to promote its offerings.

DoubleLine LLC, a fixed income investment manager, announced today that the Securities and Exchange Commission has approved the firma s application for registration under the Investment Advisers Act.

The Securities and Exchange Commission has sued the former head of a defunct Pittsburgh-area medical staffing company, claiming he led a stock fraud and misappropriated $6.4 million.