http://thedailyrecord.com Maryland's trusted source for business and legal news Fri, 25 May 2012 23:39:21 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://thedailyrecord.com/2012/05/25/prices-of-facebook-stock-down-16-percent-from-ipo-price/ http://thedailyrecord.com/2012/05/25/prices-of-facebook-stock-down-16-percent-from-ipo-price/#comments Fri, 25 May 2012 21:19:58 +0000 Associated Press http://thedailyrecord.com/?p=216128 Facebook Inc. began trading publicly last Friday following one of the most anticipated stock offerings in history. The initial public offering of stock priced at $38 a day earlier. That was at the top of a projected range that Facebook had already boosted just days earlier. Although many investors had hoped for a big first-day [...]

]]> http://thedailyrecord.com/2012/05/25/prices-of-facebook-stock-down-16-percent-from-ipo-price/feed/ 0 http://thedailyrecord.com/2012/05/25/attorney-general-sandusky-dismissal-premature-without-facts/ http://thedailyrecord.com/2012/05/25/attorney-general-sandusky-dismissal-premature-without-facts/#comments Fri, 25 May 2012 20:20:45 +0000 Associated Press http://thedailyrecord.com/?p=216123 PITTSBURGH — State prosecutors say a defense motion asking a judge to dismiss child sexual-abuse charges against former Penn State assistant football coach Jerry Sandusky is premature because there are no “facts” in the form of sworn testimony on which to base the request. Sandusky’s attorney asked a Centre County judge last week to dismiss [...]

]]> http://thedailyrecord.com/2012/05/25/attorney-general-sandusky-dismissal-premature-without-facts/feed/ 1 http://thedailyrecord.com/2012/05/25/huguely-wants-conviction-set-aside/ http://thedailyrecord.com/2012/05/25/huguely-wants-conviction-set-aside/#comments Fri, 25 May 2012 20:10:19 +0000 Associated Press http://thedailyrecord.com/?p=216120 CHARLOTTESVILLE, Va. — A former University of Virginia lacrosse player convicted of murdering his ex-girlfriend is appealing his conviction. Attorneys for George W. Huguely V filed a motion Friday in Charlottesville Circuit Court asking that his second-degree murder conviction be set aside for the May 2010 beating death of Yeardley Love, 22, of suburban Baltimore. [...]

]]> http://thedailyrecord.com/2012/05/25/huguely-wants-conviction-set-aside/feed/ 0 http://thedailyrecord.com/2012/05/25/n-j-judge-texter-not-liable-for-drivers-car-crash/ http://thedailyrecord.com/2012/05/25/n-j-judge-texter-not-liable-for-drivers-car-crash/#comments Fri, 25 May 2012 19:05:44 +0000 Associated Press http://thedailyrecord.com/?p=216118 MORRISTOWN, N.J. — A woman who texted her boyfriend while he was driving cannot be held liable for a car crash he caused while responding, seriously injuring a motorcycling couple, a judge ruled Friday in what is believed to be the first case of its kind in the country. A lawyer for the injured couple [...]

]]> http://thedailyrecord.com/2012/05/25/n-j-judge-texter-not-liable-for-drivers-car-crash/feed/ 0 http://thedailyrecord.com/2012/05/25/video-game-developer-big-huge-games-shuts-down/ http://thedailyrecord.com/2012/05/25/video-game-developer-big-huge-games-shuts-down/#comments Fri, 25 May 2012 18:16:50 +0000 Maria Zilberman http://thedailyrecord.com/?p=216112 &via=&related=wpglamour"> Timonium video game developer Big Huge Games Inc. closed its doors last week after its parent company announced a company-wide layoff. 38 Studios, the faltering video game company of former Boston Red Sox pitcher Curt Schilling, declared a “non-voluntary and non-disciplinary” layoff on Thursday, according to a letter sent to workers and obtained by The [...]

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]]> http://thedailyrecord.com/2012/05/25/video-game-developer-big-huge-games-shuts-down/feed/ 0 http://thedailyrecord.com/2012/05/25/real-estate-weekly-52512-more-funds-okd-for-school-construction/ http://thedailyrecord.com/2012/05/25/real-estate-weekly-52512-more-funds-okd-for-school-construction/#comments Fri, 25 May 2012 17:38:00 +0000 Daily Record Staff http://thedailyrecord.com/?p=216106 Home Builders Association presents Awards of Excellence The Sales and Marketing Council of the Home Builders Association of Maryland presented dozens of Awards of Excellence at its annual ceremony this week, honoring companies and individuals in the industry for their outstanding work in 2011. Among the awards to individuals were: Overall Salesperson of the Year, [...]

]]> http://thedailyrecord.com/2012/05/25/real-estate-weekly-52512-more-funds-okd-for-school-construction/feed/ 0 http://thedailyrecord.com/2012/05/25/police-arrest-suspect-in-craigslist-robberies/ http://thedailyrecord.com/2012/05/25/police-arrest-suspect-in-craigslist-robberies/#comments Fri, 25 May 2012 17:29:30 +0000 Associated Press http://thedailyrecord.com/?p=216103 Baltimore police have arrested a suspect in four robberies in which the victims were Craigslist users looking to buy coins, jewelry and dirt bikes. A police spokesman says investigators found 26-year-old David Brown on Friday as he used a public computer at a city library. Police accuse him of organizing four robberies in which would-be [...]

]]> http://thedailyrecord.com/2012/05/25/police-arrest-suspect-in-craigslist-robberies/feed/ 0 http://thedailyrecord.com/2012/05/25/19-year-old-marine-found-dead-at-fort-meade/ http://thedailyrecord.com/2012/05/25/19-year-old-marine-found-dead-at-fort-meade/#comments Fri, 25 May 2012 16:21:53 +0000 Associated Press http://thedailyrecord.com/?p=216100 FORT MEADE — Authorities have identified a 19-year-old Marine found dead in his barracks room at Fort Meade. The Marine Corps Combat Development Command identified him Friday as Pvt. Anthony Romanocaruso of Alamance, N.C. Romanocaruso was an active-duty Marine assigned since February to the Defense Information School at Fort Meade. His body was found Wednesday [...]

]]> http://thedailyrecord.com/2012/05/25/19-year-old-marine-found-dead-at-fort-meade/feed/ 0 http://thedailyrecord.com/2012/05/25/swiss-chemicals-maker-syngenta-pays-105-million-to-settle-u-s-lawsuit/ http://thedailyrecord.com/2012/05/25/swiss-chemicals-maker-syngenta-pays-105-million-to-settle-u-s-lawsuit/#comments Fri, 25 May 2012 15:26:15 +0000 Associated Press http://thedailyrecord.com/?p=216097 EAST ST. LOUIS, Ill. — Swiss chemicals maker Syngenta’s agreement to pay $105 million to settle a nearly 8-year-old lawsuit over one of its popular agricultural herbicides could help reimburse nearly 2,000 community water systems that have had to filter the chemical from its drinking water, a plaintiffs’ attorneys said Friday. The proposed deal, announced [...]

]]> http://thedailyrecord.com/2012/05/25/swiss-chemicals-maker-syngenta-pays-105-million-to-settle-u-s-lawsuit/feed/ 0 http://thedailyrecord.com/2012/05/25/bank-of-america-barclays-sell-archstone-stake/ http://thedailyrecord.com/2012/05/25/bank-of-america-barclays-sell-archstone-stake/#comments Fri, 25 May 2012 15:22:27 +0000 Associated Press http://thedailyrecord.com/?p=216093 NEW YORK — Bank of America Corp. and Barclays Bank PLC are selling their stake in the apartment building owner Archstone to Lehman Brothers Holdings Inc.’s bankruptcy estate for $1.58 billion. The transaction disclosed Friday for the banks’ 26.5 percent interest will give Lehman’s estate full ownership of Archstone, an Englewood, Colo.-based company that owned [...]

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