Settlement: BoFA Settles with CountryWide Investors

27-11-2011

Tagged Under : Countrywide Investors, Investors

Home Page Settlements Bank of America has reached a settlement with former Countrywide Financial Corp institutional investors who decided not to join a $624 million class-action case that won court approval in February. The terms of the accord were not disclosed and Countrywide’s former auditor KPMG was not part of the pact, according to the filing. Blackrock Inc, the California Employees’ Retirement System (CalPERS) and other investors in July filed a lawsuit that alleged Countrywide and its top leaders perpetrated fraud ”in a quest to triple Countrywide’s market share and enrich themselves at the expense” of investors. Ban Read full article…

California Youth Counselor Pleads Guilty to Producing Child Pornography

22-11-2011

Tagged Under : Child, Child Pornography, Producing Child, Producing Child Pornography

WASHINGTON – A Pleasant Hill, Calif., youth counselor pleaded guilty today in federal court in Oakland, Calif., to producing child pornography, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division and U.S. Attorney Melinda Haag of the Northern District of California.  

                                                                       

Thomas Perez Jewell, 54, pleaded guilty before U.S. District Judge Phyllis J. Hamilton in the Northern District of California to one count of production of child pornography.  

 

Jewell admitted

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Engineer overseeing B’klyn condo site slams contractors for collapse

19-11-2011

Tagged Under : Collapse, Engineer Overseeing

Cheap steel, nails and clamps caused collapse: engineer

Engineer Steve Schneider blames contractor’s actions for Brooklyn building collapse.

The engineer overseeing construction of a Brooklyn condo that collapsed in a deadly heap last week says the contractor on the job was using procedures that “were not even vaguely correct.”

Engineer Steve Schneider, who was responsible for certifying the safety of concrete work at the doomed site, told the Daily News he was not on-site to inspect the setup when the concrete was poured.

City officials believe the contractor’s decision to pour concrete from the top floors down may have caused the half-built condo to collapse, killing one worker and injuring four others.

Schneider said the contractor, SP&K Construction, didn’t notify him that the concrete pour was about to begin.

“I didn’t have any idea what stage they were at,” Schneider said. “The last time

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Syracuse Basketball Coach Accused of Sex Abuse

14-11-2011

Tagged Under : Accused, Basketball Coach, Syracuse Basketball

Allegations have surfaced against Syracuse basketball’s Bernie Fine, causing university officials to place him on administrative leave. The assistant basketball coach has been accused of molesting two former ball boys “hundreds of times.”

Bobby Davis, now 39, alleges that Fine began molesting him while he was in the 7th grade. The abuse occurred at Fine’s home, Syracuse basketball facilities, and on team road trips.

He first made these allegations in 2003, and again in 2005.

ESPN and the Syracuse Post-Standard investigated Bernie Fine in 2003 after hearing from Davis. Both sources chose not to run the story because they found no outside evidence.

The same goes for the university, which also investigated the Syracuse basketball coach in 2005, reports the Associated Press.

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‘Officer-involved shooting’ occurs in Port Hueneme

14-11-2011

Tagged Under : Hueneme, Port Hueneme

An “officer-involved shooting” in Port Hueneme on Saturday night resulted in an unidentified individual becoming “unresponsive,” according to information relayed on police radio shortly before 10 p.m.

The shooting occurred in the 1100 block of West Redwood Street at Lassen Street, which is a residential area near the Centerpoint Mall.

At the scene after the shooting was a dark-colored late-model sport utility vehicle with several shattered windows. The front driver’s side door to the SUV was open and the window was rolled down.

Several police vehicles were in the area, and evidence markers were visible under one of the police vehicles.

Neighbor Robert Almanza said he heard seven to eight gunshots.

“We heard the gunshots and ran out of our houses,” he said.

One man said a person from the SUV was taken away by an ambulance. There appeare

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