A federal judge on Wednesday ruled that most claims in a lawsuit against former Lehman Brothers Holdings officials could proceed. The plaintiffs, a group of investors, contend that Lehman’s former officers, directors, and auditors, as well as security underwriters acted in violation of the Securities Act of 1933 and the Securities Exchange Act of 1934 [...]

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Pakistani national Mohammad Ajmal Amir Kasab , convicted in May 2010 for murder and waging war against India for his role in the November 2008 Mumbai terrorist attacks that killed 166, filed an appeal Friday challenging his death sentence. Prosecutors had accused Kasab of being one of the gunmen photographed during the attacks, which were [...]

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The New Mexico Supreme Court ruled unanimously Wednesday that environmental groups may intervene in state administrative hearings over greenhouse gas emissions standards. New Energy Economy (NEE) , a non-profit organization working to reduce greenhouse gas emissions, sought to intervene in a hearing before the New Mexico Environmental Improvement Board (EIB) to defend regulations limiting greenhouse [...]

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The trial of former Egyptian President Hosni Mubarak will be held in Cairo, a senior official said Thursday. The announcement comes amid speculation that the trial would be held at a Red Sea resort because of Mubarak’s alleged poor health. Many Egyptians contend that Mubarak is not ill and that members of the government have [...]

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