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January 31, 2009

In Senate trial, Coleman turns to Bush v. Gore

ST. PAUL, Minn. — The success of Norm Coleman’s lawsuit to reclaim his Senate seat could depend on how willing the trial judges are to find a precedent in the U.S. Supreme Court ruling from another messy, political charged election battle: Bush v. Gore.

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January 30, 2009

Regional Briefing


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This Week’s Word

This week’s sermon is by the Rev. David R. Stokes, senior pastor of Fair Oaks Church in Fairfax, marking Sanctity of Human Life Sunday on Jan. 18. President Ronald Reagan established a National Sanctity of Human Life Sunday in 1984, to be held the Sunday in January that falls closest to the anniversary of the Roe v. Wade abortion decision handed down by the U.S. Supreme Court.

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Film Impresario’s Unhappy Ending

A Fairfax County mortgage broker and Bollywood film impresario was sentenced in federal court in Alexandria yesterday to seven years in prison for defrauding banks of $33 million and scamming fellow immigrants in the local Indian community with phony home loans.

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Law Offices of Howard G. Smith Announces Investigation On Behalf of Level 3 Communications, Inc.

BENSALEM, Pa., Jan. 30, 2009 (GLOBE NEWSWIRE) — Law Offices of Howard G. Smith announces that it is investigating potential claims against Level 3 Communications, Inc. ("Level 3" or the "Company") (Nasdaq:LVLT), concerning possible securities violations in relation to certain public statements made by the Company between February 8, 2007 and October 23, 2007. The investigation focuses on allegations that statements made by the Company during that period were false and misleading or failed to disclose or indicate, among other things: (1) that the Company's integration efforts were not going well and that the integration was making the Company's operations increasingly more complex and problematic; (2) that, as a result, the Company was experiencing an increase in service activation times, which was negatively impacting the Company's service installation intervals and the rate of its revenue growth; (3) that the Company was also experiencing challenges in its service management processes that were resulting in longer response times to resolve customers' network service issues; (4) that steps taken by the Company to remedy the problems were not working, and actually further complicating the issues and making them worse; and (5), as a result of the above, that the statements made by the Company during the foregoing period lacked a reasonable basis.

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Bollywood promoter sentenced in bank fraud scam

ALEXANDRIA, Va. — A well-known Bollywood promoter and film producer from northern Virginia was sentenced to seven years in prison Friday for one of the largest bank fraud scams in the state’s history.

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Keller Rohrback L.L.P. Announces Investigation of Financial Losses Suffered by 529 College Savings Plans That Invested in Oppenheimer Funds

SEATTLE, Jan. 30, 2009 (GLOBE NEWSWIRE) — Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) today announced that it is investigating OppenheimerFunds, Inc. and OppenheimerFunds Distributor, Inc. (collectively, "Oppenheimer") for breaches of fiduciary duty. The investigation focuses on financial losses suffered by 529 College Savings Plans that invested in the Oppenheimer Core Bond Fund (the "Bond Fund") and/or the Oppenheimer Champion Income Fund (the "Income Fund"). The Bond Fund reportedly lost 38 percent of its value in 2008 while the Income Fund was down nearly 80 percent during that same time period.

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Court Rules Again for County in School Case

A federal appeals court ruled yesterday in favor of the Montgomery school system in a case that made national headlines four years ago, a dispute over whether public schools provided an adequate education plan to a child with disabilities.

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January 29, 2009

Maryland Briefing

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Virginia Lawmakers Should Close the Gun Show Loophole

THE VIRGINIA Senate has an unprecedented opportunity today to begin to reverse the state’s abysmal record on gun regulation.

Filed by admin at January 29th, 2009 under News
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