A recent decision by the U.S. Court of Appeals for the Second Circuit has implications for whistleblowers under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act” or “The Act”). In Hong v. SEC,...more
8/4/2022
/ Administrative Procedure Act ,
Appeals ,
Department of Justice (DOJ) ,
Dodd-Frank ,
FHFA ,
Incentives ,
RMBS ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Whistleblower Awards ,
Whistleblowers
In Securities & Exchange Comm’n v. Fowler, No. 20-1081, 2021 WL 3083655 (2d Cir. July 22, 2021), the United States Court of Appeals for the Second Circuit upheld a lower court judgment awarding the Securities and Exchange...more
In Securities & Exchange Comm. v. Gentile, No. 18-1242, 2019 WL 4686251 (3d Cir. Sept. 26, 2019), the United States Court of Appeals for the Third Circuit took up the question of whether Securities and Exchange Commission...more
10/17/2019
/ Appeals ,
Broker-Dealer ,
Enforcement Actions ,
Future Harm ,
Injunctions ,
Injunctive Relief ,
Penalties ,
Penny Stocks ,
Pump and Dump ,
Remand ,
Reversal ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Statute of Limitations ,
Statutory Authority
In O’Donnell v. AXA Equitable Life Insurance Co., No. 17-cv-1085, 2018 WL 1720808 (2d Cir. Apr. 10, 2018), the United States Court of Appeals for the Second Circuit reversed an order dismissing a variable annuity...more
4/17/2018
/ Appeals ,
Breach of Contract ,
Class Action ,
Cross Motions ,
Misrepresentation ,
Motion to Dismiss ,
Motion to Remand ,
Omissions ,
Reversal ,
Securities Fraud ,
Securities Litigation ,
SLUSA
In Gordon v. Verizon Communications, Inc., No. 653084/13, 2017 WL 442871 (N.Y. App. Div. Feb. 2, 2017), the Appellate Division of the Supreme Court of the State of New York, First Judicial Department (the “First Department”),...more
3/3/2017
/ Acquisitions ,
Appeals ,
Attorney's Fees ,
Class Action ,
Disclosure Settlement ,
Mergers ,
Non-Monetary Payments ,
Remand ,
Reversal ,
Settlement ,
Shareholder Litigation ,
Standard of Review ,
Verizon