News & Analysis as of

Fraud Administrative Hearings

Fraud is the making of false representations or engaging in deceptive behavior in order to unlawfully secure financial or personal gain. 
WilmerHale

COVID-19: Lessons from the Second Wave of Securities Fraud Class Actions

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While the global pandemic may have disrupted many industries, it has not stopped plaintiffs from continuing to file COVID-19-related securities fraud class actions under Section 10(b) of the Securities Exchange Act. As we...more

White & Case LLP

2019 Half-year in review: M&A legal and market developments

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We set out in the attached Newsletter a number of interesting English court decisions and market developments which have taken place in the second half of 2019 and their impact on M&A transactions. This review looks at these...more

Dorsey & Whitney LLP

This Week In Securities Litigation

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The SEC’s apparent preference for administrative proceedings as a venue for its enforcement actions continues to draw criticism. H.R. 3798 is now pending in the House of Representatives. The bill is tilted the “Due Process...more

Dorsey & Whitney LLP

Is the SEC a Toothless Watch Dog?

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SEC enforcement actions are supposed to halt violations, protect investors and the markets, act as a deterrent and prevent a future repetition of wrongful conduct. To facilitate those goals settlements typically incorporate...more

Morrison & Foerster LLP

California Lawyer 2015 Roundtable Series: White-Collar Defense

The latest developments in white-collar criminal law include a gamechanging decision on insider trading, new sentencing guidelines for fraud convictions, more options for filing charges under the bank fraud statutes, and a...more

Dorsey & Whitney LLP

SEC Files Prime Bank Fraud and Offering Fraud Actions as Administrative Proceedings

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The trend of selecting administrative proceedings rather than Federal court by the SEC appears to be continuing. Since last September, for example, the SEC has filed at least seven insider trading cases as administrative...more

Best Best & Krieger LLP

BB&K Police Bulletin: Employment Termination - Public Record of Prior Termination Admissible to Show Security Guard’s Fraud

Overview: A California appellate court recently ruled that an administrative law judge and the State Personnel Board erred in excluding evidence of an employee’s prior dismissal from the Los Angeles County Sheriff’s...more

Brooks Pierce

Three Thoughts about Steve Cohen’s Failure-to-Supervise Case

Brooks Pierce on

Stanley Sporkin — former SEC Enforcement Director, CIA general counsel, and federal judge – likes to say that an SEC staff attorney ought to be just as happy closing an investigation as one is bringing a public enforcement...more

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