By Sue Reisinger | May 15, 2019
It's the first time at least since 2010 that 100% of the SEC's actions were brought before an administrative law judge, according to a new report from NYU and Cornerstone Research. By comparison, in 2010 only 32% were administrative rather than filed in court.
By Sue Reisinger | May 15, 2019
It's the first time at least since 2010 that 100% of the SEC's actions were brought before an administrative proceeding, according to a new report from NYU and Cornerstone Research. By comparison, in 2010 only 32% were administrative rather than filed in court.
New York Law Journal | Analysis
By John C. Coffee Jr. | May 15, 2019
In his Corporate Securities column, John C. Coffee Jr. writes: Everyone knows that 'Morrison v. National Australia Bank' ended the ability of those who purchased or sold securities outside the United States to participate in U.S. class actions. Everyone knows this—and therefore, unsurprisingly, it turns out to be not quite true. As usual, people miss the exceptions to generalizations that they think are universal rules. In fact, there are at least two routes that permit a foreign purchaser to participate in a U.S. class action. Neither has been much exploited to date, but both may be pushed aggressively in the near future.
By Jenna Greene | May 13, 2019
" I am totally mystified as to why you waited three years," U.S. District Judge Charles Breyer said to a lawyer for the SEC in court on Friday.
New Jersey Law Journal | Commentary
By Law Journal Editorial Board | May 12, 2019
The troublesome issue of scienter, as a necessary ingredient of various securities acts violations, remains in flux.
By Zach Schlein | May 10, 2019
Mark Fisher of Boca Raton was ordered to serve a 28-month prison sentence as well as forfeit $8.4 million.
By C. Ryan Barber | May 9, 2019
The vacancy announcement comes as Andrew Weissmann, who last held the post on a permanent basis, joins NYU law from his service on the Robert Mueller prosecution team.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | May 8, 2019
Until recently, there were no cases definitively addressing the scope of Section 18-111's fifth jurisdictional category.
By Phillip Bantz | May 8, 2019
The SEC alleged that Brett Fettner discovered that Cintas Corp. was working on a $2.2 billion merger while he was lacing up his golf shoes in the GC's den before a charity tournament.
By Phillip Bantz | May 8, 2019
Brett Fettner allegedly discovered that Cintas Corp. was working on a $2.2 billion merger while he was lacing up his golf shoes in the GC's den before a charity golf tournament in Cincinnati.
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