It’s Monday, which means that Attorneys Corporation Service, Inc. is bringing you the most relevant business and legal news that occurred this past weekend. Our goal is to enable you to spend less time gathering news about topics that concern you and more time practicing your business. From attorneys to CPAs to licensed financial professionals, our clients know that they can rely on us for their incorporation and business filing needs, as well as news that impacts their business.

Bonds of Morgan Stanley, which faces a potential downgrade by Moody’s Investors Service, have been trading at junk levels since last summer and have moved further into the noninvestment-grade region as concerns about Europe continue to mount.

Bankers expect the quiet I.P.O. market to extend into the third quarter.

A sexual discrimination lawsuit brought by Ellen Pao against Kleiner Perkins Caufield & Byers, the venture capital firm where she is a junior partner, has riveted Silicon Valley.

The Securities and Exchange Commission has adopted measures that would enforce marketwide circuit breakers and prevent erroneous trades from entering the system.

The Los Angeles Kings won Saturday, bringing them within two wins of their first Stanley Cup.

Orders to U.S. factories unexpectedly fell in April for a second month, pointing to a deceleration in manufacturing as the global economy cools.

AIG’s CEO Robert Benmosche said Europe’s debt crisis shows governments worldwide must accept that people will have to work into their 70s and 80s.

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