Jamille Sutton

August 30, 2014 | The American Lawyer

U.S. real estate firm Paramount Group Inc. filed papers for an initial public offering with the Securities and Exchange Commission on Wednesday, in what could be one of the largest real estate IPOs in the U.S., The Wall Street Journal reports.

By Jamille Sutton

2 minute read

August 30, 2014 | The American Lawyer

U.S. prosecutors have requested that the Securities and Exchange Commission continue to delay its case against billionaire hedge fund investor Steven Cohen because criminal cases against his former employees have not yet been closed.

By Jamille Sutton

2 minute read

August 27, 2014 | The American Lawyer

This week marks the start of a trial between the Securities and Exchange Commission and a New York broker accused of taking part in a plot to profit from the deaths of terminal patients through variable annuity sales.

By Jamille Sutton

2 minute read

August 27, 2014 | The American Lawyer

The Financial Industry Regulatory Authority has fined Citigroup Global Markets Inc. $1.85 million after its securities unit failed to present customers with the best prices in roughly 22,000 trades over more than three years, the agency announced on Tuesday.

By Jamille Sutton

2 minute read

August 26, 2014 | The American Lawyer

Companies that sell mortgage and auto-loan backed bonds will be forced to provide investors with information about borrowers' income and credit scores under rules that the Securities and Exchange Commission will consider this week.

By Jamille Sutton

2 minute read

August 26, 2014 | The American Lawyer

Activist investor Engine Capital LP and hedge fund Red Alder are pushing Ann Inc., the parent company of the women's clothing chain Ann Taylor, to consider selling itself.

By Jamille Sutton

2 minute read

August 25, 2014 | The American Lawyer

Amid mounting discontent in Washington, D.C., over so-called inversions, in which U.S. companies lower their taxes by relocating to a foreign country, a new online broker called Motif Investing has created a tool that allows investors to purchase stock in 25 companies that are potential inversion targets.

By Jamille Sutton

2 minute read

August 23, 2014 | The American Lawyer

Environmental energy company USA Synthetic Fuel Corp. revealed that the Securities and Exchange Commission is investigating the company after it modified its financial statements for all of 2012 and the first quarter of 2013, according to a regulatory filing with the agency on Tuesday.

By Jamille Sutton

2 minute read

August 22, 2014 | The American Lawyer

A former merchandising executive at the clothing retailer Aeropostale Inc., was sentenced to eight years in prison on Wednesday for defrauding the company by directing hundreds of millions in supply orders to South Bay Apparel, run by a friend, in exchange for more than $25 million in kickbacks.

By Jamille Sutton

2 minute read

August 22, 2014 | The American Lawyer

The global fast food restaurant chain Shake Shack has chosen JPMorgan Chase & Co. and Morgan Stanley to run its planned initial public offering, people familiar with the matter told Reuters on Thursday.

By Jamille Sutton

2 minute read