By Craig S. Waldman | November 8, 2019
Both the language and the purpose of the PSLRA's discovery stay demonstrate that it reaches state court actions as well as federal court actions.
By Jane Wester | November 7, 2019
Exxon attorney Ted Wells, a partner at Paul, Weiss, Rifkind, Wharton & Garrison, was quick to criticize the late concession on fraud charges, and described the remaining contested issue under the Martin Act as trivial.
By C. Ryan Barber | November 5, 2019
The SEC announces new whistleblower charges, the 4th Circuit has strong words about the feds searching a law firm, and a firm is suing the CFTC over a secrecy provision in a recent settlement -- welcome to Compliance Hot Spots! Thanks for reading.
By C. Ryan Barber | November 4, 2019
"The SEC's whistleblower protections broadly protect not just employees, but anyone who seeks to report potential securities law violations to the commission," said Jane Norberg, the chief of the SEC's whistleblower office.
By Tony Mauro | Marcia Coyle | November 4, 2019
Welcome to Supreme Court Brief. The justices return to the bench this morning for their final argument session of 2019. Take a peek at who's arguing today—some familiar faces. Plus: the justices added one new case to the argument docket—a securities dispute to which the SG had waived any response. Thanks for reading!
The Legal Intelligencer | Commentary
By Katayun I. Jaffari and Kyle S. Uhlman | November 4, 2019
Champions of diversity have echoed that the ongoing lack of boardroom diversity is not only problematic in an increasingly diverse society, but that boards risk missing the opportunities for concrete improved business results and enhanced overall board effectiveness if they lack diversity.
By C. Ryan Barber | October 29, 2019
SEC's Jane Norberg explains delay in whistleblower regs, and Covington team has some views on Foreign Agents Registration Act reforms. Who got the work: Paul Hastings registers under FARA, and much more. Scroll down for all the moves. Thanks for reading!
By Dan Clark | October 25, 2019
Gene Levoff, 45, accused of insider trading, faces charges of securities fraud and wire fraud and a maximum of 20 years in prison.
By Dan Clark | October 25, 2019
Gene Levoff, 45, faces charges of securities fraud and wire fraud and a maximum of 20 years in prison and a $5 million fine for the securities fraud counts. The wire fraud charges carry a maximum penalty of 20 years in prison and a fine of $250,000 or "twice the gain derived from or loss caused by the offense."
By C. Ryan Barber | October 23, 2019
New filings in the whistleblower case at the U.S. Labor Department indicate KPMG, which has denied any wrongdoing, has reached a settlement with the ex-director's lawyers at Outten & Golden.
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