Jamille Sutton

July 29, 2014 | The American Lawyer

Smith & Wesson Holding Corp. will pay $2 million to settle charges brought by the Securities and Exchange Commission, which accused the company of violating the Foreign Corrupt Practices Act in a bribery scheme, the SEC announced Monday.

By Jamille Sutton

2 minute read

July 28, 2014 | The American Lawyer

Facebook Inc. said that the Securities and Exchange Commission has ended its investigation relating to disclosures of the company's projections for advertising revenue before its 2012 initial public offering, The Wall Street Journal reports.

By Jamille Sutton

2 minute read

July 28, 2014 | The American Lawyer

LavaFlow Inc., a Citigroup unit that operates an alternative trading system, agreed to pay $5 million to settle charges accusing the company of failing to properly protect the private trading information of its customers, the Securities and Exchange Commission announced on Friday.

By Jamille Sutton

3 minute read

July 28, 2014 | The American Lawyer

Cynk Technology Corp.'s shares plummeted 85 percent on Friday, the first day after the Securities and Exchange Commission lifted its 10-day trading suspension against the company, Bloomberg News reports.

By Jamille Sutton

2 minute read

July 26, 2014 | The American Lawyer

The Securities and Exchange Commission authorized the Financial Industry Regulatory Authority to implement a new rule that prohibits brokers from conditioning dispute settlements with investors so that complaints can be erased from their records, FINRA announced on Wednesday.

By Jamille Sutton

2 minute read

July 26, 2014 | The American Lawyer

The Securities and Exchange Commission may pursue enforcement action against McGraw Hill Financial, the parent company of the Standard & Poor's Ratings Services, in connection with six commercial mortgage-backed securities issued in 2011, McGraw Hill Financial announced on Wednesday.

By Jamille Sutton

2 minute read

July 26, 2014 | The American Lawyer

The Obama administration is pushing for legislation that will not only to end inversions, which allow companies to save on taxes by reincorporating abroad, but also apply that legislation retroactively, The New York Times reports.

By Jamille Sutton

2 minute read

July 24, 2014 | The American Lawyer

Former Evercore Group investment banker Frank Perkins Hixon Jr., who pleaded guilty to insider trading charges, on Monday requested a prison sentence of less than four years for his crimes, Bloomberg News reports.

By Jamille Sutton

2 minute read

July 24, 2014 | The American Lawyer

Former commissioner of the Commodity Futures Trading Commission Scott O'Malia was appointed chief executive officer of the International Swaps and Derivative Association, the association announced Wednesday.

By Jamille Sutton

2 minute read

July 23, 2014 | The American Lawyer

A former executive at Qualcomm Inc. pleaded guilty to insider trading and money-laundering charges, the U.S. Department of Justice announced on Monday.

By Jamille Sutton

2 minute read