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• U.S. Wins Convictions in Inside Trading Case
• Justice Thomas' Planned Speech in Georgia Draws Controversy
• Second Circuit Knocks Out Securities Class Claims Against Rating Agencies, Affirms that Agencies Weren't Underwriters on MBS Transactions
• Software developer's suit against Winklevoss twins may go forward
• Kim Rothstein agrees to turn over Ponzi schemer Scott Rothstein's personal items
• Republican court overhaul fell short of original goal
• Yahoo Beats Back Patent Claims in Texas' Eastern District
• Attorney Accused of Breaching 12-Year-Old Contract by Entering AT&T Litigation
• Ninth Circuit Focuses on Materiality for Round Two of Backdating Case
• JQC: Catoosa magistrate should be permanently barred from office
• Insurer Held Liable for Claim After Policy Ended
• Alstom Securities Class Action Ends with a Whimper; Plaintiffs Settle for $6.95 Million
• Plaintiffs Lawyers in Muni Bond Derivative MDL Object to UBS Bid-Rigging Settlement
• Siemens' suit against Enzo may proceed, even though patent has expired

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U.S. Wins Convictions in Inside Trading Case	Top
Devastating wiretap evidence and the testimony of cooperating witnesses led a New York jury Wednesday to convict Raj Rajaratnam on all counts in the Galleon Group hedge fund insider trading scandal. Rajaratnam faces a prison term of 15 1/2 to 19 1/2 years.
Justice Thomas' Planned Speech in Georgia Draws Controversy	Top
Some officials and lawyers say Supreme Court Justice Clarence Thomas' planned appearance at the dedication of a Georgia courthouse dishonors the man for whom the building is named: the first black judge on the state Court of Appeals.
Second Circuit Knocks Out Securities Class Claims Against Rating Agencies, Affirms that Agencies Weren't Underwriters on MBS Transactions	Top
Plaintiffs hoping that they could hold credit rating agencies liable for slapping AAA ratings on doomed mortgage-backed securities on the theory that the agencies acted as underwriters on MBS transactions got some bad news on Wednesday.
Software developer's suit against Winklevoss twins may go forward	Top
A Massachusetts judge has ruled that a Boston software developer's case against defunct social media site ConnectU and its founders and key shareholders, including the Winklevoss twins, can move forward.
Kim Rothstein agrees to turn over Ponzi schemer Scott Rothstein's personal items	Top
Fetish wear, a framed copy of the "Lawyer's Creed," a wine collection, dozens of designer shoes and a diamond-and-ruby ring are among the belongings Scott Rothstein's wife will give up in a settlement with his defunct law firm's bankruptcy trustee.
Republican court overhaul fell short of original goal	Top
So sweeping was the breadth of changes the Florida Legislature intended to inflict on the state's judiciary, it helps to summarize the session by listing what won't happen.
Yahoo Beats Back Patent Claims in Texas' Eastern District	Top
In the notoriously plaintiff-friendly Eastern District of Texas, a federal jury has found that Yahoo did not infringe a Linux-related patent held by so-called patent troll Bedrock Computer Technologies.
Attorney Accused of Breaching 12-Year-Old Contract by Entering AT&T Litigation	Top
AT&T and its attorneys are challenging the entry of former Dickstein Shapiro partner Albert Kramer in a case that AT&T claims he is contractually bound to stay out of.
Ninth Circuit Focuses on Materiality for Round Two of Backdating Case	Top
The good news for the U.S. Attorney's Office is that the judges hearing the Gregory Reyes appeal didn't harp on prosecutorial misconduct. The bad news may be that the judges had another argument to sink their teeth into.
JQC: Catoosa magistrate should be permanently barred from office	Top
Georgia's judicial disciplinary agency said that a magistrate who demonstrated erratic behavior, used drugs and claimed he would have been justified in gunning down law enforcement officers should be barred from holding judicial office.
Insurer Held Liable for Claim After Policy Ended	Top
A New York state judge has ruled that Liberty Insurance must cover an architectural firm's defense against a $3.4 million suit even after its coverage ended because the firm had warned Liberty that it might be sued in the future.
Alstom Securities Class Action Ends with a Whimper; Plaintiffs Settle for $6.95 Million	Top
It took eight long years, but the multibillion-dollar securities class action facing French infrastructure giant Alstom has finally fizzled out, with Alstom agreeing Monday to a $6.95 million dollar settlement.
Plaintiffs Lawyers in Muni Bond Derivative MDL Object to UBS Bid-Rigging Settlement	Top
Plaintiffs lawyers in the multidistrict municipal derivative antitrust litigation against UBS are claiming that UBS's $160 million municipal bond settlement with state and federal regulators sidelines class claims.
Siemens' suit against Enzo may proceed, even though patent has expired	Top
A federal judge has denied Enzo Life Sciences' motion to dismiss a case brought against it by Siemens Healthcare Diagnostics even though Siemens' patent has expired.

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