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Eastern District Court Of Texas Enjoins Bitcoin Investment Scheme And Orders Founder To Pay Civil Penalty

On September 18, the U.S. District Court for the Eastern District of Texas held that the defendant’s bitcoin investment program was a Ponzi scheme, and enjoined the founder and the investment program from violating Section...more

SEC Files Another Settled Insider Trading Case

Insider trading continues to be a key priority in the new get tough enforcement era. Last week closed with the filing of an insider trading action centered on the BP oil spill in the Gulf of Mexico. This week begins with...more

Securities Litigation Alert: The Foreign Corrupt Practices Act: The Next Corporate Scandal?

As the stock option backdating cases wind down, what will be the next corporate scandal to gain widespread notoriety? It is always difficult to predict what alleged misdeeds will be front page news in the coming years, but...more

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