STANFORD -- In an agreement announced today, the U.S. government said it has no claims against Stanford University for fraud, wrongdoing or misrepresentation in connection with the university's indirect cost reimbursement submissions.
There the Court drastically narrowed the scope of actors who can qualify as primary participants in misrepresentations perpetrated in connection with the purchase or sale of securities under Rule 10b-5(b).
The attorney general's office demanded the records because, the petition said, it had reason to think Nexus had engaged in "deceptive conduct and misrepresentations in connection with immigration bond services". It also sought records on some of the company's spinoffs, including its real estate operations, criminal bond services and much-publicized prize giveaways.
The scandal grew more serious for Mr. da Silva this week when prosecutors in São Paulo State charged Mr. da Silva with money laundering and misrepresentation of assets in connection with the penthouse apartment in the coastal city of Guarujá, crimes that could involve jail sentences.
Further, TSERS alternative investment documents reveal that managers may engage in potentially illegal investment practices, such as investing in loans that may violate the anti-predatory lending laws of "some states" and life settlement policies which give rise to lawsuits alleging fraud, misrepresentation and misconduct in connection with the origination of the loan or policy.
The four alleged violations of securities laws and RICO, claiming misrepresentation in connection with recommendations of the stock by the company's brokers and asking a total of $1.4 million in compensatory damages.
The complaint also accused the group of violation of privacy, fraudulent misrepresentation, breach of contract, and trespassing in connection with the video-recording campaign.
But while she was at Brookstreet, Finra's predecessor fined her $100,000 and suspended her for 21 days for "negligent misrepresentations to customers regarding certain product features in connection with the purchase and sale of variable annuities" during her time at PaineWebber.
Litigants can expect that the Court of Chancery only will approve future disclosure-only settlements if the disclosures "address a plainly material misrepresentation or omission," and the releases granted in connection with the settlement are limited to disclosure claims.
