May 22, 2017 | New York Law Journal
Class Action Against Fishing Operator Moves to SDNYAn investor class action case transferred into the Southern District Friday, alleging a fishing operation that produces food and supplement ingredients misled investors over multiple federal investigations over environmental law violations and whistleblower intimidation.
By B. Colby Hamilton
5 minute read
May 19, 2017 | New York Law Journal
Circuit Gets a Chance to Redefine Its Insider Trading View in Martoma CaseThe Second Circuit heard oral arguments earlier this month in a major insider trading case following the U.S. Supreme Court's ruling in 'Salman v. United States' last year.
By B. Colby Hamilton
19 minute read
May 18, 2017 | New York Law Journal
White to Graduates: 'Never Be Too Busy to Try and Change Things'Mary Jo White, who gave the graduation speech at Columbia Law School, said lawyers can face pressure—at times from the media or politicians—"to do the opposite" of what they believe is best for themselves and their clients. "Stick to your guns," she told the hundreds of graduates of her alma mater.
By B. Colby Hamilton
4 minute read
May 17, 2017 | New York Law Journal
Bias Suit Seeks Change to Macy's Hiring PracticesMacy's was hit this week with a complaint filed with the U.S. Equal Employment Opportunity Commission over allegations its background check policies to screen job applicants based on criminal history is discriminatory.
By B. Colby Hamilton
4 minute read
May 16, 2017 | New York Law Journal
Weil's Fee Gutting in Iowa Leads to 'Bargain-Basement' Billing ConcernsThere's a certain schadenfreude in seeing a global law firm with more than $1 billion in annual revenue taken down a peg by a judge in Des Moines. But the episode also raises concerns for lawyers who say it demonstrates a risk high-priced coastal law firms face when they go to court in smaller markets and could make Big Law practitioners wary of practicing in smaller cities.
By B. Colby Hamilton
21 minute read
May 16, 2017 | New York Law Journal
Depositions in JPMorgan Suit Remain UnsealedThe judge in a suit over the wrongful handling of bundled mortgages by JPMorgan Chase & Co. refused, with conditions, to seal testimony by two employees of a mortgage processing company that admitted during depositions to taking questionable actions on behalf of the bank.
By B. Colby Hamilton
5 minute read
May 15, 2017 | New York Law Journal
Newman, Conviction Overturned, Discusses How He Picked His Winning AttorneysTodd Newman—the man who broke Preet Bharara's perfect insider-trading conviction streak—admits he was likely a challenging client.
By B. Colby Hamilton
6 minute read
May 11, 2017 | New York Law Journal
An UnSAFE Bet: SEC Raises Flag on Silicon Valley Investment DarlingThe Securities and Exchange Commission's message in its Tuesday investor bulletin on Simple Agreement for Future Equity securities was clear: Be wary of opportunities bearing names too good to be true.
By B. Colby Hamilton
10 minute read
May 11, 2017 | New York Law Journal
Winning Dewey Attorneys Dish on Why the Second Trial Was TougherFresh off her win for her client, Stephen DiCarmine, in the second take of the Dewey & LeBoeuf trial, Seward & Kissel partner Rita Glavin said the second go-around was the real battle.
By B. Colby Hamilton
8 minute read
May 10, 2017 | New York Law Journal
Barclays Agrees to $97M SEC Settlement for OverchargesAll told, the bank overcharged tens of thousands of brokerage clients by $50 million, the SEC said.
By B. Colby Hamilton
3 minute read
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