Valuations last climbed this fast in the final year of the 1990s technology bubble, just before the index began a 49 percent tumble.
Read More »Enterprise Bank settles lawsuit over Ponzi scheme
Enterprise Bank & Trust has settled a lawsuit filed over the $56 million Ponzi scheme perpetrated by St. Louis cleric and lawyer Martin Sigillito.
Tagged with: Martin Sigillito
Read More »S&P responds to municipal mortgage-seizure plan
Standard & Poor’s probably will demand greater protections for investors when mortgage bonds are backed by loans to homeowners in jurisdictions that use eminent domain to seize debt to help borrowers.
Read More »KC-based Bats agrees to merge with Direct Edge
Kansas City-based Bats Global Markets Inc. and Direct Edge Holdings LLC agreed to merge, uniting two of the biggest American exchange operators amid a four-year decline in volume.
Read More »Justice Ginsburg embraces gay-marriage rulings
In a rare interview in her chambers, the 80-year-old justice reflected on a term in which she helped shape narrow victories for gay marriage while underscoring her status as the leader of the court’s liberal wing.
Tagged with: Ruth Bader Ginsburg U.S. Supreme Court
Read More »Commentary: Big malpractice awards don’t increase medical costs
What defense lawyers seem not to realize is that tort reform hasn’t worked for 25 years. And large verdicts may be the most effective drivers in making health care safer.
Tagged with: medical malpractice tort reform
Read More »Credit card companies demand $6M from Schnucks
Liberty Mutual Insurance Co. is suing Schnuck Markets Inc. in U.S. District Court in St. Louis.
Tagged with: Chris Koster Schnucks
Read More »St. Louis Circuit Court moves ahead on armed offender docket
The St. Louis Circuit Court will have a chance to vote at its next en banc meeting on whether to establish a special docket for weapons crimes.
Tagged with: St. Louis Circuit Court
Read More »Richmond says bondholders’ suit over eminent domain too early
The city of Richmond, Calif., and Mortgage Resolution Partners told a federal judge that a bondholders’ lawsuit seeking to block it from helping homeowners by seizing mortgages through eminent domain is premature.
Tagged with: eminent domain
Read More »New challenge to Missouri Plan filed
The proposal also calls for expanding the Missouri Supreme Court to nine judges, up from the current seven.
Read More »Ronald Motley, who led tobacco lawsuits, dies at 68
Ronald L. Motley was a South Carolina lawyer who spearheaded lawsuits against tobacco companies that led them to agree to pay $246 billion in the biggest civil settlement in U.S. history.
Read More »