The US Securities and Exchange Commission (SEC) has charged two former brokers for Credit-Suisse with defrauding clients of $1 billion by selling subprime securities that they represented as being backed by government-guaranteed student loans. The SEC complaint, filed Wednesday in the US District Court for the Southern District of New York , accuses Tzolov and [...]

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The European Court of Justice (ECJ) has ruled that the EU violated the fundamental property rights of a Saudi business and a Swedish foundation linked to al-Qaeda by freezing their assets without giving them a hearing. The EU's highest court on Wednesday reversed a 2005 Court of First Instance decision dismissing complaints brought by Yassin [...]

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JURIST Contributing Editor Geoffrey S. Corn, Lt. Col. US Army (Ret.), a former Special Assistant to the Judge Advocate General for Law of War Matters and currently a professor at South Texas College of Law, says that Salim Hamdan's recent military commission trial – in which he was called as an expert witness for the [...]

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The US Court of Appeals for the Ninth Circuit on Wednesday reversed a district court's grant of summary judgment to retailer Costco in a copyright infringement action brought by watch manufacturer Omega . Omega claimed that Costco's unauthorized sale of its imported watches constituted infringing distribution and importation. The decision turned on whether the US [...]

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