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Virus Delays Long-Running Securities Fraud Trial To Late 2023

ADVERTISEMENT ADVERTISEMENT Virus Delays Long-Running Securities Fraud Trial To Late 2023 Law360 (January 20, 2021, 10:37 PM EST) Citing the current COVID-19 pandemic, a Louisiana federal judge has ordered a two-and-a-half-year postponement for a trial between individual investors and Commonwealth Advisors over securities fraud allegations dating from the Great Recession of 2007–09. The long-running case concerns investors claims that Commonwealth Advisors Inc. inflated valuations of a collateralized debt obligation sold to them, and then misrepresented the risk of the underlying mortgage-backed securities. On Tuesday, U.S. District Judge Shelly Dick granted a delay of a trial that was set for Feb. 1, saying simply, Court cancels jury trial due to the COVID-19 pandemic and the inability to carry out safety protocols. She reset.

Louisiana s proposed spring elections plan: Expanded mail-in voting, no extra early voting days

Secretary of State Kyle Ardoin, left, chats with Rep. Royce Duplessis, D-New Orleans, right, before the beginning of the Committee on House and Governmental Affairs meeting in the House chamber at the State Capitol Wednesday April 15, 2020, in Baton Rouge, La. The committee listened to Secretary of State Kyle Ardoin s proposal to change the 2020 presidential preference primary election and the 2020 municipal general election and to consider written emergency plan for the elections. STAFF PHOTO BY BILL FEIG

Political Horizons: Not acknowledged by most Republicans, looking more like Joe Biden won

Political Horizons: Not acknowledged by most Republicans, looking more like Joe Biden won
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