South Carolina Lawyers Weekly

Epstein v. World Acceptance Corp. (Lawyers Weekly No. 002-164-16, 35 pp.) (Mary Geiger Lewis, J.) 6:14-cv-01606; D.S.C. Holding: Plaintiff has sufficiently alleged a securities fraud claim based on defendants’ aggressive sub-subprime lending tactics and their announcements of accounting irregularities, government ...

Tagged with: Fraud

KBC Asset Management NV v. 3D Systems Corp. (Lawyers Weekly No. 002-142-16, 25 pp.) (Mary Geiger Lewis, J.) 0:15-cv-02393; D.S.C. Holding: After the corporate defendant undertook an aggressive acquisition strategy, its stock price rose and then plunged. The named plaintiff ...

Tagged with: Fraud

Epstein v. World Acceptance Corp. (Lawyers Weekly No. 002-096-15, 17 pp.) (Mary Lewis, J.) 6:14-cv-01606; D.S.C. Holding: Plaintiff has adequately stated a claim for securities fraud via her allegations as to defendants’ misrepresentations concerning defendant World Acceptance Corp.’s lending practices, ...

Tagged with: Securities Fraud

Capital Investment Funding, LLC v. Field (Lawyers Weekly No. 002-017-14, 10 pp.) (Bruce Howe Hendricks, J.) 6:12-cv-03401; D.S.C. Holding: Even though plaintiff alleges mail, bank and wire fraud as the predicate acts in its Racketeer Influenced and Corrupt Organizations Act ...

Tagged with: Ponzi Scheme RICO

United States Securities & Exchange Commission v. Staples (Lawyers Weekly No. 002-189-14, 12 pp.) (J. Michelle Childs, J.) 3:13-cv-02575; D.S.C. Holding: Plaintiff has sufficiently alleged securities fraud in defendants’ scheme to recruit terminally ill individuals, buy discounted bonds with them, ...

Tagged with: Securities Fraud

Rider v. Estate of Rider(Lawyers Weekly No. 010-027-14, 13 pp.) (Donald Beatty, J.) Appealed from Beaufort County Circuit Court (Carmen Mullen, J.) On writ of certiorari to the Court of Appeals. S.C. S. Ct. Holding: A dying husband was the ...

Yates v. Municipal Mortgage & Equity LLC (Lawyers Weekly No. 14-04-0232, 57 pp.) (Diaz, J.) No. 12-2496, March 7, 2014; USDC at Baltimore, Md. (Garbis, J.) 4th Cir. Holding: In this case alleging officers and directors of Municipal Mortgage & ...

Katyle v. Penn National Gaming Inc. (Lawyers Weekly No. 001-055-11, 31 pp.) (Baldock, J.) No. 09-2272, March 14, 2010; USDC at Greenbelt, Md. (Messitte, J.) 4th Cir. Click here for the full text of the opinion. Holding: Plaintiffs, investors who ...

Tagged with: Civil Practice Fraud Securities

Fraud - E- Mail Stock Tip - Investor Newsletter

Fraud - PSLRA - Scienter