Accounting fraud cases plummeted during 2012

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TODAY'S NEWS Accounting fraud cases plummeted during 2012 Class actions asserting accounting irregularities fell sharply last year following a one-time increase in 2011 attributed to a surge of Chinese reverse mergers, according to a Cornerstone Research report. Even so, accounting fraud cases brought larger settlements than most shareholder litigation. Obama tries again to fill National Labor Relations Board President Obama on Tuesday announced the nomination of two attorneys to fill seats on the National Labor Relations Board that were vacated by Republicans. Harry Johnson III and Philip Miscimarra, partners at Arent Fox and Morgan, Lewis & Bockius, respectively, would serve five-year terms on the five-person board. Citing prosecutorial misconduct, former Alaska official attacks conviction A federal appeals court should not second-guess its decision to keep in place a bribery case against a former Alaska state lawmaker who was accused in the corruption probe that snagged the late U.S. Senator Ted Stevens, the U.S. Justice Department argued this week. SPONSOR SPOTLIGHT Know the WestlawNext Difference Over 47,000 legal organizations have switched to WestlawNext - thousands of corporate law departments, government agencies, small law firms and the majority of the AmLaw 100 & 200 firms. They rely on the editorial excellence that has led the legal industry for over 125 years, the market-leading content and the most advanced technology to maximize their research with the proven advantages of WestlawNext. Click here. Cardozo journal's plan to honor Carter draws criticism A group called the Coalition of Concerned Cardozo Alumni have called on Yeshiva administrators to rescind a planned award to former President Jimmy Carter in light of what they characterize as his anti-Israel actions. Kaye Scholer tax partner jumps to Herrick Herrick, Feinstein has picked up Kaye Scholer partner Louis Tuchman to co-chair its tax and personal planning group. SPONSOR SPOTLIGHT Boutique fights church for sex-abuse claimants in bankruptcy court James Stang, founding partner of Pachulski Stang Ziehl & Jones, talks to NLJ about the unique legal issues involved in representing survivors of sex abuse in bankruptcies filed by various archdioceses and religious orders of the Roman Catholic Church. Equal Pay Day Today, women of all races, education levels and professions stand together to focus attention on a crucial inequity that continues to hold us back for no other reason than discrimination. THIS WEEK'S ISSUE THE PRACTICE INADMISSIBLE The elephant in the courtroom; feds chastised for FOIA holds; easy compliance for lobbyists; Hertling joins Covington; more senators for gay marriage; Holder pessimistic about Voting Rights Act; and a sinking suit in this week's column. OPINION Gay marriage won't stop gay bashing Even our federal government — which opposed DOMA at the high court — regularly puts immigrants waiting for hearings in solitary confinement if they are gay. MOST POPULAR STORIES Which law schools are tops for jobs? Law Schools with the Highest Rate of Unemployed 2012 Graduates Midsize Hot List Law Schools with the Highest Placement Rate in Full-Time, Long-Term Legal Jobs Arizona cuts law school tuition, marking a first Law Schools with the Highest Placement Rate at Large-Firm Jobs Law Schools with the Highest Placement Rate in Government & Public Interest Jobs Falling Short of the Dream: Law Schools with the Highest Rates of Unemployed or Underemployed 2012 Grads Montana judge who slurred Obama quits the bench Law Schools with the Highest Placement Rate in Federal Clerkships		IN FOCUS Midsize Hot List We showcase 20 of the nation's top midsize law firms based on business strategies that have delivered noteworthy cases and prominent deals to their doors. Winning a spot on the list are law firms that, for their clients' purposes, are not too big, not too small, but just right. Go to In Focus   THE BLT | The Blog of the Legal Times DOJ Official Testifies on 'Significant Challenges' in Campaign Finance Investigations, Prosecutions U.S. Senate Confirms Patty Shwartz for Third Circuit Seat D.C. Federal Judges Honor Law Firm Pro Bono Work THE CAREERIST | a lawjobs.com blog Should Paternity Leave Be Mandatory? Newsbriefs—The Happy Meal Comes with a J.D. Should Moms Only Work Part-Time? LAW.COM NEWSWIRE Sidley Adds Partner in Hong Kong Massacre Survivors Still Trying to Get Former President of Mexico Into Conn. Court 26 Brazilian Police Officers Tried in 1992 Prison Massacre N.Y. Judge Declines to Recognize Validity of Egyptian Guardianship Decision Deacons Recruits Private Equity Partner If you have Twitter account, you can now follow NLJ Editor in Chief David L. Brown at twitter.com/davidlbrownjr. Follow him for links to key stories and updates from the NLJ newsroom. You can also track news on Twitter from the NLJ's Washington bureau at twitter.com/legal_times. The Corporate Governance Lessons of Rutgers Basketball Can Mediation Improve EEOC Conciliation? The Art of (Litigation PR) War Take a Hard Look at Social Media Policy After NLRB Decisions Former In-House Lawyer Loses Disability Appeal Over Insomnia Claims

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