Few can ignite a legal firestorm like U.S. District Judge Jed Rakoff of the Southern District of New York. Last week, in a mortgage fraud suit against Bank of America and Countrywide, Judge Rakoff refused to dismiss a novel...more
5/14/2013 - Bank of America Countrywide Fannie Mae FIRREA Freddie Mac Mortgage-Backed Securities Mortgages
On January 8, 2013, the U.S. Supreme Court heard arguments in Gabelli v. Securities and Exchange Commission, No. 11-1274, concerning when the clock begins to run on the five-year statute of limitations for civil penalty...more
1/15/2013 - Civil Monetary Penalty Enforcement Actions Gabelli v SEC Penalties SCOTUS SEC Securities Statute of Limitations
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