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July 7, 2010 FindLaw.com Open For Business Newsletter

Table of Contents

HIGH PROFILE CASES

  • Exec sentenced to 85 years in NY real estate scam

LEGAL ANALYSIS

  • FTC Settles Twitter Privacy Charges

NEWS

  • Cisco Cius: iPad-Like Tablet for Businesses Coming Soon
  • Curing the iPhone 'Death Grip': Your LiveStrong Bracelet?
  • China AgBank's massive IPO highlights cash squeeze
  • BP's Hayward flies to Mideast to meet 'partners'
  • EU lawmakers vote to cap bank bonuses
  • Toyota adding more time to new vehicle development
  • GM says China sales overtake US for first time
  • Execs, regulators testify on derivatives' role

RECENT CASE SUMMARIES

  • In re: Cutera Sec. Litig
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HIGH PROFILE CASES:

EXEC SENTENCED TO 85 YEARS IN NY REAL ESTATE SCAM
(AP) - A man with a history of fraud has been sentenced to 85 years in prison for his latest conviction - a real estate fraud that prosecutors say swindled 250 people out of $23 million. Read more...



LEGAL ANALYSIS:

FTC SETTLES TWITTER PRIVACY CHARGES
(Eric Sinrod) - The Federal Trade Commission (FTC) has settled with Twitter with respect to charges that during the first half of 2009 a hacker used an automated password-guessing tool to gain administrative control of Twitter, enabling the sending of phony tweets. Read more...


NEWS:

CISCO CIUS: IPAD-LIKE TABLET FOR BUSINESSES COMING SOON
(FindLaw's Technologist) - After the massive success of the Apple iPad, Cisco is releasing the Cius in 2011, a tablet designed for business use that runs on Android software. Read more...


CURING THE IPHONE 'DEATH GRIP': YOUR LIVESTRONG BRACELET?
(FindLaw's Technologist) - The reception and antenna problems with the iPhone 4 have already been blowing up the news. Lawsuits have been filed, techies are up in arms and iPhone enthuistists have been stuck ordering $30 cases to keep their calls from dropping. Read more...


CHINA AGBANK'S MASSIVE IPO HIGHLIGHTS CASH SQUEEZE
(AP) - Agricultural Bank of China's $22 billion initial public offering is making headlines as potentially the world's biggest. It also underlining the cash squeeze Chinese banks are facing after a massive lending binge. Read more...


BP'S HAYWARD FLIES TO MIDEAST TO MEET 'PARTNERS'
(AP) - BP's embattled chief executive is in the Emirati capital Abu Dhabi to meet with the company's business partners there. Read more...


EU LAWMAKERS VOTE TO CAP BANK BONUSES
(AP) - European Union lawmakers have voted overwhelmingly to cap bankers' short-term cash bonuses from next year, a move that European leaders hope other parts of the world will follow. Read more...


TOYOTA ADDING MORE TIME TO NEW VEHICLE DEVELOPMENT
(AP) - Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of its massive safety-related recalls, a top executive said Wednesday. Read more...


GM SAYS CHINA SALES OVERTAKE US FOR FIRST TIME
(AP) - General Motors Co. says its first-half sales of vehicles in China overtook the U.S. for the first time amid a fitful recovery in American demand. Read more...


EXECS, REGULATORS TESTIFY ON DERIVATIVES' ROLE
(AP) - A former executive of bailed-out insurance company American International Group Inc. says if he had been allowed to keep his job, he could have saved taxpayers a bundle. Read more...


RECENT CASE SUMMARIES:

IN RE: CUTERA SEC. LITIG
(US 9th Cir) - In re: Cutera Sec. Litig., No. 08-17627, involved a fraud-on-the-market suit claiming that Cutera, Inc. provided false and misleading revenue projections and failed to disclose material information about the shortcomings of Cutera's sales staff. Read more...

Related Resources
Full Text of In re: Cutera Sec. Litig., No. 08-17627


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