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Securities Auditors

Dorsey & Whitney LLP

SEC Settles Microcap Fraud Scheme With Attorney, Two Audit Firms, Seven Auditors

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Microcap fraud is a key part of the broken windows enforcement approach. One of the more significant actions brought in this regard is In the Matter of John Briner, Esq., Adm. Proc. File No. 3-16339 (Jan. 15, 2015). There the...more

Dorsey & Whitney LLP

This Week In Securities Litigation

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The Ninth Circuit upheld a conviction for illegal tipping, following Dirks but raising doubt regarding its adherence to Newman in an opinion authored by Judge Rakoff, sitting by designation. The Commission filed settled...more

Dorsey & Whitney LLP

This Week In Securities Litigation

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The Commission brought a series of administrative proceedings this week and one civil injunctive action. The civil injunctive action was an insider trading case. The administrative proceedings centered on FCPA violations, the...more

Dorsey & Whitney LLP

SEC Charges Auditor of PRC Firm With Unprofessional Conduct

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The Commission filed another proceeding against an audit firm and its partners arising out of the audit of a PRC issuer. Unlike earlier actions involving audit firms for Chinese issuers, in this case the difficulties did not...more

Bennett Jones LLP

Indemnification Claims Under the CCAA A - Caution for Underwriters, Auditors, Directors and Others

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Indemnification clauses are often considered a critical component of risk mitigation strategies in legal relationships. However, as is well understood, the value of an indemnification clause, in the event it becomes...more

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