Word: lynch
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Dates: during 1990-1999
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...misleading statements and omitted facts regarding risks to investors in certain partnerships, sources close to the investigation told The Associated Press. PaineWebber says it is cooperating fully with the SEC's review. The SEC is also reportedly investigating partnership sales practices of other Wall Street firms, including Merrill Lynch & Co. The probe comes at a bad time for PaineWebber, which is in the process of acquiring Kidder, Peabody Group, Inc. and trying to retain Kidder brokers...
...Massachusetts Supreme Judicial Court (SJC) disagreed. In a three-page ruling. Associate Justice Neil L. Lynch '52 concluded that "the term 'federal penitentiary' is used in its generic sense...
Walsh has 20 days to respond to the restraining order, after which Lynch may issue a permanent injunction barring the councillor from serving. Along with trying to persuade Lynch to reverse his decision, Walsh might seek to have his case heard before the full court rather than a single justice...
...Justice Lynch has made it pretty clear that he agress with our arguments," said Ed Cafasso, spokesperson for the attorney general's office. "It's never a happy day when an elected official who has betrayed the public trust has to be forced from public office...
...Judge Lynch's ruling bars Walsh from serving "for any remaining portion of the term to which he was elected in November...