Hilary Johnson

June 01, 2014 | The American Lawyer

The act of whistle-blowing, especially on Wall Street, is "not for the faint-hearted," an financial journalist writes.

By Hilary Johnson

2 minute read

June 01, 2014 | The American Lawyer

In a decision that puts the status of a Texas brokerage's board in limbo, Delaware Chancery Court Judge John Noble has ruled that a junk-bond salesman who cofounded the firm cannot retake control of it.

By Hilary Johnson

2 minute read

June 01, 2014 | The American Lawyer

The fallout continued to spread last week in the wake an investigation into a $400 million bank fraud tied to Citigroup's Mexican Banamex unit.

By Hilary Johnson

2 minute read

May 29, 2014 | The American Lawyer

A U.S. Securities and Exchange Commission judge has banned a Florida portfolio manager from working in the securities industry and has required him and his firm, ZPR Investment Management Inc., to pay a fine of $660,000 for distributing "misleading" advertisements and materials.

By Hilary Johnson

2 minute read

May 29, 2014 | The American Lawyer

The U.S. Securities and Exchange Commission wants to see how an SAC Capital insider trading appeal turns out before pursuing an administrative case against firm founder Steve A. Cohen.

By Hilary Johnson

2 minute read

May 29, 2014 | The American Lawyer

Medtronic has agreed to pay the U.S. Department of Justice $9.9 million to resolve False Claims Act-related allegations that it offered kickbacks to doctors in an effort to boost business.

By Hilary Johnson

2 minute read

May 28, 2014 | The American Lawyer

Securities and Exchange Commission Chair Mary Jo White told a group of lawyers last week that a little-used provision of the Exchange Act may be one new way for the agency to bring charges against higher-level financial services employees, The New York Times DealBook blog reported Tuesday.

By Hilary Johnson

2 minute read

May 28, 2014 | The American Lawyer

Regulation FD, the rule promulgated by the Securities and Exchange Commission in 2000 to curb unequal access to material information amid the investing community, no longer works in the social media age, columnist Steven Davidoff writes in Tuesday's New York Times DealBook.

By Hilary Johnson

2 minute read

May 28, 2014 | The American Lawyer

Fabrice Tourre, the former Goldman Sachs trader who was found guilty in a jury trial on six counts of civil securities fraud in August, has decided not to appeal his case, several media outlets reported Tuesday.

By Hilary Johnson

2 minute read

May 27, 2014 | The American Lawyer

Just four business days before the June 2 deadline by which the first wave of conflict minerals disclosures must be filed, only about ten companies have submitted the required forms to the U.S. Securities and Exchange Commission

By Hilary Johnson

2 minute read