On July 25, 2017, the Securities and Exchange Commission (SEC) issued a Report of Investigation pursuant to Section 21(a) of the Securities Exchange Act of 1934 (Report) and an Investor Bulletin: Initial Coin Offerings...more
10/3/2017
/ Blockchain ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Financial Markets ,
Initial Coin Offering (ICOs) ,
Investment Contract ,
Popular ,
Registration Requirement ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Trading Platforms ,
Virtual Currency
A federal magistrate judge in California has allowed a securities fraud suit against a late-stage private company to proceed despite the plaintiff investors holding a security interest only through intermediary,...more
5/4/2017
/ Advertising ,
Breach of Contract ,
Centers for Medicare & Medicaid Services (CMS) ,
Corporate Counsel ,
Initial Public Offering (IPO) ,
Investment Funds ,
Life Sciences ,
Pharmaceutical Industry ,
Sanctions ,
Securities Fraud ,
Securities Litigation ,
Theranos ,
Walgreens
IN THE SPOTLIGHT -
The CFPB Takes First Enforcement Action Related to Data Security Practices.
LIFE INSURANCE -
Class Certified in Unique Fixed Indexed Annuity Case.
Alleged Misrepresentations to DFS Warrant...more
5/6/2016
/ Auto Insurance ,
Automotive Loans ,
Bad Faith ,
Class Action ,
Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
Data Security ,
Department of Justice (DOJ) ,
Derivatives ,
Fair Credit Reporting Act (FCRA) ,
False Claims Act (FCA) ,
FCC ,
Fiduciary Duty ,
Fixing America’s Surface Transportation Act (FAST Act) ,
Health Care Providers ,
Junk Bonds ,
Life Insurance ,
RESPA ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
SLUSA ,
Stark Law ,
TCPA ,
TILA-RESPA Integrated Disclosure Rule (TRID) ,
Uninsured and Under-Insured Motorists ,
Waivers
The Fixing America’s Surface Transportation Act (FAST Act), which became law in December 2015, contained important federal securities law changes.
- Among other changes, it further reduced the burdens on emerging growth...more
The Jumpstart Our Business Startup Act of 2012 (the "JOBS Act") was enacted on April 5, 2012 in an effort to make it easier for certain emerging growth companies (EGCs), generally defined as companies with annual gross...more
Effective September 23, 2013, pursuant to new SEC Rule 506(c), issuers of securities are allowed to reach “accredited investors” through general solicitation as long as they take adequate precautions to a) limit the offering...more