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
Read More »WASHINGTON (AP) — A unanimous Supreme Court ruled Tuesday that investors can’t sue companies for making misleading statements of opinion prior to a public stock offering just because those statements ultimately turn out to be wrong. But the ruling said ...
Tagged with: Securities Fraud
Read More »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
Read More »Prousalis v. Moore (Lawyers Weekly No. 14-01-0449, 18 pp.) (Wilkinson, J.) No. 13-6814, May 7, 2014; USDC at Richmond, Va. (Gibney, J.) 4th Cir. Holding: The 4th Circuit says a securities lawyer who admitted knowing the IPO for his client, ...
Tagged with: Securities Fraud
Read More »A Greenville attorney is seeking a shorter prison sentence in a securities fraud case involving an Easley company.
Tagged with: Securities Fraud
Read More »A former investment firm manager sentenced to 10 years in prison has been released on probation after serving five days behind bars.
Tagged with: Securities Fraud
Read More »A Greenville attorney will serve about six years in prison in a securities fraud case involving an Easley firm.
Tagged with: Securities Fraud
Read More »The former chairman of Carolina Investors is being released from prison after serving less than a year of his sentence for securities fraud, the South Carolina Parole and Pardons Board voted Wednesday.
Tagged with: Securities Fraud
Read More »The former chairman of Carolina Investors has begun serving a five-year prison sentence for securities fraud.
Tagged with: Securities Fraud
Read More »COLUMBIA (AP) — The state Supreme Court last week upheld the conviction of a former executive involved in one of the biggest bankruptcies in South Carolina history, turning down former HomeGold Chairman Jack Sterling’s appeal and affirming his five-year-prison sentence. ...
Tagged with: HomeGold Securities Fraud
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South Carolina Lawyers Weekly
