Business Torts

Read Finance & Banking Law updates, alerts, news, and legal analysis from leading lawyers and law firms:

News & Analysis as of May 25, 2013

Harrisburg Charged With Securities Fraud - Securities and Exchange Commission Says City Made Misleading Financial Statements

by Kimberly Byrens | Best Best & Krieger LLP on 5/10/2013

The inclusion of the public statements of an elected official in allegations of securities fraud could change the traditional relationship between the politicians and their constituency versus issuers and the bond market....more

The Litigation Graphics Lesson in the "Wealth Inequality in America" Video

by Cogent Legal on 3/4/2013

I always like to share examples of what I consider powerful graphics to give attorneys ideas on what’s possible to create for use in litigation. This morning, I was struck by a video going viral that describes economic...more

Goldman Sachs Pays First-Of-Its-Kind Settlement to Close Pay to Play Action with the SEC by Grant Nichols

by King & Spalding on 2/4/2013

On September 27, 2012, Goldman Sachs agreed to pay $12 million to settle claims with the Securities and Exchange Commission (“SEC”) alleging that one of its employees engaged in a pay-to-play scheme. The scheme, as described...more

Can Feds Force Companies to Disclose Political Spending? [Video]

by Bloomberg Law on 1/31/2013

Jan. 31 (Bloomberg Law) -- The SEC is considering a proposal by Robert Jackson, associate professor at Columbia Law School, that public companies be required to disclose their political spending. SEC staff members have said...more

Barofsky: Govt. Complicity Provides Libor Defense [Video]

by Bloomberg Law on 8/1/2012

Aug. 1 (Bloomberg Law) -- The world's biggest banks are likely to defend lawsuits alleging they manipulated the Libor interest rate by saying the federal government knew it and did nothing, according to Neil Barofsky, former...more