Jamille Sutton

July 17, 2014 | The American Lawyer

The Securities and Exchange Commission announced fraud charges against four individuals, including former New Mexico Governor Toney Anaya, for concealing from investors the fact that two lawbreakers ran the investment firm Natural Blue Resources Inc., the SEC announced Wednesday.

By Jamille Sutton

2 minute read

July 17, 2014 | The American Lawyer

In the wake of an international mergers and acquisitions surge, the Obama Administration is urging lawmakers to pass legislation to limit inversions, in which U.S. companies buy a smaller competitor abroad and reincorporate overseas to save on taxes, The New York Times reports.

By Jamille Sutton

2 minute read

July 15, 2014 | The American Lawyer

Private equity firm Silver Lake has agreed to buy Quorum Business Solutions, marking its first investment in the growing U.S. oil and natural gas industry, the firm announced Monday.

By Jamille Sutton

2 minute read

July 15, 2014 | The American Lawyer

A group of 27 top investors and executives of Alibaba Holding Group Ltd can appoint two more directors to the company's board after it goes public, according to Reuters, citing a U.S. regulatory filing.

By Jamille Sutton

2 minute read

July 14, 2014 | The American Lawyer

Silver Lake will pay $29.5 million to settle a seven-year-old lawsuit accusing the private equity firm of conspiring with other firms in the industry to undermine competitive bidding in leveraged buyouts ahead of the financial crisis, resulting in billions of dollars in losses for investors, according to a court filing cited by The New York Times reports.

By Jamille Sutton

2 minute read

July 14, 2014 | The American Lawyer

The Securities and Exchange Commission on Friday charged a group of seven men, most of them “golfing buddies,” for participating in an insider trading scheme that resulted in $554,000 in illegal profits, the SEC said in a statement.

By Jamille Sutton

2 minute read

July 14, 2014 | The American Lawyer

The Securities and Exchange Commission on Friday temporarily suspended trading on Cynk Technology Corporation, as it tried to find out why the company's stock skyrocketed despite the fact that the social network reports no assets nor revenue, and employs only one person, The Wall Street Journal Reports.

By Jamille Sutton

2 minute read

July 11, 2014 | The American Lawyer

TRW Automotive Holdings Corp., one of the world's leading automotive suppliers, confirmed on Thursday that it has received a non-binding takeover offer.

By Jamille Sutton

2 minute read

July 11, 2014 | The American Lawyer

The Boston-based State Street Corp. will pay $70 million to settle three lawsuits, in which plaintiffs accuse the bank of overcharging customers for foreign exchange services and falsely claiming its mortgage-backed securities investments were safe, Reuters reports.

By Jamille Sutton

2 minute read

July 11, 2014 | The American Lawyer

The antivirus startup company Malwarebytes Corp. accepted $30 million in Series A funding from venture capital firm Highland Capital Partners to help expand its security technologies, Highland Capital Partners said Thursday.

By Jamille Sutton

2 minute read