Jamille Sutton

September 18, 2014 | The American Lawyer

U.S. banana producer Chiquita Brands International Inc. and its Irish competitor Fyffes said that they are participating in discussions with the European Commission about possible concessions in order to obtain approval for their proposed merger.

By Jamille Sutton

2 minute read

September 18, 2014 | The American Lawyer

The Securities and Exchange Commission announced an emergency asset freeze against Abatement Corp. Holding Company Limited on Tuesday in response to an alleged Ponzi scheme operation in South Florida.

By Jamille Sutton

2 minute read

September 16, 2014 | The American Lawyer

In an effort to collect information over the potential manipulation of currency markets, U.S. investigators at the Federal Bureau of Investigation and the Department of Justice have turned a number of bank employees into informants, people familiar with the matter tell The Wall Street Journal.

By Jamille Sutton

2 minute read

September 16, 2014 | The American Lawyer

Online financial publishing company Bankrate Inc. on Monday disclosed that the Securities and Exchange Commission is investigating its financial reporting for 2012 and that its chief financial officer of eight years has resigned.

By Jamille Sutton

2 minute read

September 16, 2014 | The American Lawyer

By Jamille Sutton

2 minute read

September 15, 2014 | The American Lawyer

Wilmington Trust, a Delaware-based bank holding company owned by M&T Bank Corporation, agreed to pay $18.5 million to settle with the Securities and Exchange Commission, which charged the company with accounting and disclosure fraud for failing to properly report loans that were not being paid off after the financial crisis, the SEC announced Thursday.

By Jamille Sutton

3 minute read

September 15, 2014 | The American Lawyer

The Securities and Exchange Commission has created a new office within the Division of Economic and Risk Analysis to organize efforts in developing tools for risk assessment used to help support the SEC's activities, the agency announced on Thursday.

By Jamille Sutton

2 minute read

September 15, 2014 | The American Lawyer

In its search for a new head of its arbitration unit, the Financial Industry Regulatory Authority has narrowed down the potential candidates to two of its own officials who have both worked in the arbitration unit and with FINRA for years, a person familiar with the matter told Reuters.

By Jamille Sutton

2 minute read

September 12, 2014 | The American Lawyer

Six individuals and six firms with offices in Belize in the same building as Cynk Technology Corp., the penny stock whose suspicious stock rise caught the attention of regulators, were charged with orchestrating a $500 million money laundering scheme.

By Jamille Sutton

3 minute read

September 12, 2014 | The American Lawyer

Two federal lawmakers introduced a new anti-inversion bill that would stop companies who have moved their tax domiciles abroad from using a number of tax avoidance strategies, Sen. Charles Schumer's office announced on Wednesday.

By Jamille Sutton

2 minute read