Word: legalism
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Dates: during 2000-2009
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...daily Le Figaro published details of a preliminary report by France's Financial Markets Authority (AMF) investigating the sale of stock options by EADS executives between November 2005 and March 2006. The paper said that initial findings in the on-going inquiry - which both the AMF and French legal officials declined to comment on - had turned its attention to 21 current and former EADS executives, and as many as 1,200 other shareholders who may have used inside knowledge of troubles with the A380 program to dump millions worth of stock before that bad news was revealed in June...
...working with law firm DLA Piper, if convictions for insider trading have been very rare in France until now, there's reason to believe some may result in the EADS case. "The AMF isn't required to file a report with prosecutors unless it has sufficient evidence of serious legal infraction, which appears to have been its motivation in this instance," Maréchal explains. "Given the large number of people reportedly involved, it would be difficult to believe there would be no convictions if laws were indeed broken. Details in the Figaro report suggest the EADS affair could...
...Legal experts say prosecutors enjoy wide latitude in deciding whom to charge in criminal cases. But according to Laurie Levenson, a former assistant U.S. Attorney and a prominent expert in legal ethics at Loyola Law School in Los Angeles, there are limits. "Certainly prosecutors would face a professional obligation to check out or verify the allegations in this case," she says. "Not doing so would represent a potential abuse of prosecutorial discretion." The key, she adds, is whether prosecutors chose not to pursue evidence of criminal activity by Republicans because of political bias or a conflict of interest. Sometimes prosecutors...
That description is not just a metaphor: several of the lawyers involved in the Siegelman investigation were from Pryor's office and had worked for Sessions as well when he held the post. In such circumstances, say experts on legal ethics, it is nearly always incumbent on investigators to inform a third party and recuse themselves from further questioning to avoid a conflict of interest. In this instance, it appears the investigators chose not to recuse themselves but to simply ignore the allegations. (Steve Feaga, an assistant U.S. Attorney in Canary's office, says, "I'm confident that we investigated...
...Harvard Stem Cell Institute has not obtained a single egg from an eligible donor. Eggan left town immediately after the conference ended yesterday and could not be reached for additional comment. B.D. Colen, Harvard’s senior communications officer for University science, said Eggan blamed an unfriendly legal climate at the state and federal levels for the Institute’s lack of experimental findings. He added that Eggan noted women can receive compensation for eggs donated to treat infertility, but not for use in medical research. “Despite an advertising campaign to find donors, we have...