Fiduciary Duty, Investment Fraud

Enforcement News: Misappropriation of Client Funds and Stock Manipulation

Freiberger Haber LLP on 12/11/2023

It should come as no surprise that one of the goals of an investment fraud is the theft of customer funds for the scammer’s personal benefit. In legal parlance, this aspect of a fraudulent investment scheme is called...more

Fraud and Knowing Assistance—Between the Innocents

Bennett Jones LLP on 1/8/2019

Fraud continues to plague businesses and individuals in Canada and abroad, increasing at an alarming rate. Those involved in asset recovery frequently turn to the equitable doctrine of knowing assistance to catch "strangers"...more

Investment Management Update - April 2016

Ballard Spahr LLP on 4/19/2016

Below is a summary of recent investment management developments that affect registered investment companies, private equity funds, hedge funds, investment advisers, and others in the investment management industry. ...more

Your daily dose of financial news The Brief – 4.6.16

Robins Kaplan LLP on 4/6/2016

Talk about a regulation with teeth. Within days of the Treasury Department announcing new rules meant to discourage corporate tax inversion deals, Pfizer and Allergan announced they were scrapping their planned $152 billion...more

This Week In Securities Litigation

Dorsey & Whitney LLP on 3/18/2016

The SEC filed its first action against a municipal adviser for breach of fiduciary duty based on a provision amended by Dodd-Frank. The agency also continued to file insider trading actions in an administrative forum....more

SEC Nabs Private Equity Sponsor for Conflicting Investments

Stinson - Corporate & Securities Law Blog on 11/30/2015

JH Partners, LLC, a private equity sponsor, recently agreed to settle SEC charges. According to the SEC the proceedings arose from negligent breaches of fiduciary duty by JHP, an investment adviser to several private equity...more