Junaid A. Zubairi, Chair of Vedder Price’s Government Enforcement and Special Investigations group, served as co-chair of the 2019 ALI-CLE Accountants’ Liability program on October 17 and 18, 2019 in Washington, DC. The...more
11/7/2019
/ Audits ,
Chief Compliance Officers ,
Enforcement Actions ,
Enforcement Statistics ,
FASB ,
Financial Statements ,
GAAP ,
GAAS ,
Internal Controls ,
Lucia v SEC ,
Non-GAAP Financial Measures ,
PCAOB ,
Rule 10b-5 ,
Securities and Exchange Commission (SEC)
In a recent decision, the Texas Supreme Court upheld a contractual waiver of punitive damages despite a finding of fraud by the seller in the sale of a supposedly new aircraft that instead contained used and repaired engines....more
In This Issue:
Buyer Beware: Court Upholds Punitive Damages Waiver in Case Alleging Fraud for “New” Aircraft Sale -
Embraer v. Dougherty Air Trustee: Avoiding Foot Faults in Your Residual Value Guarantee Contract -...more
5/22/2019
/ Aircraft ,
Aircraft Sales ,
Airlines ,
Aviation Industry ,
Best Practices ,
Breach of Duty ,
Contract Disputes ,
Due Diligence ,
Federal Aviation Administration (FAA) ,
Manufacturers ,
Punitive Damages ,
Purchase Agreement ,
Transportation Industry ,
TX Supreme Court
The U.S. Securities and Exchange Commission (the “SEC” or the “Commission”) held its annual SEC Speaks conference in Washington, DC on April 8 and 9, 2019. The conference featured remarks from the Chairman and commissioners,...more
4/12/2019
/ Administrative Law Judge (ALJ) ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Investigations ,
Investment Banks ,
Investors ,
Kokesh v SEC ,
Lorenzo v SEC ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Violations
Earlier this week, the U.S. Supreme Court (“Supreme Court”) issued its decision in Kokesh v. SEC, No. 16-529, unanimously holding that disgorgement claims brought as part of enforcement actions by the U.S. Securities and...more
6/8/2017
/ Disgorgement ,
Enforcement Actions ,
Investment Adviser ,
Kokesh v SEC ,
Misappropriation ,
Penalties ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Split of Authority ,
Statute of Limitations