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The American Lawyer

Linklaters Associate Denies Wrongdoing in Insider Trading Case

A pristine start to a Big Law career has been derailed for a former editor-in-chief of Harvard Law School's International Law Review who joined Linklaters in 2015.
18 minute read

New York Law Journal

LI Lawyer Accused of Aiding Securities Fraud Scheme

A West Hempstead-based lawyer was charged in a securities fraud case that has led the U.S. Attorney's Office for the Southern District of Florida to convict six other alleged co-conspirators.
3 minute read

New York Law Journal

Circuit Puts Fifth Amendment Front and Center in Libor Conviction Reversal

Two former U.K.-based traders convicted for their involvement in the London Interbank Offered Rate exchange scandal saw the Second Circuit toss their entire case Wednesday, including indictments.
13 minute read

New York Law Journal

Dewey Exec, SEC in Talks to Settle Suit Tied to Firm's Collapse

The SEC wrote to Southern District Judge Valerie Caproni on Tuesday, indicating a possible deal with Dewey & LeBoeuf executive Joel Sanders, who was convicted in May of scheming to defraud investors in his former firm.
8 minute read

New York Law Journal

Kasowitz Partner Leaves to Run Practice Group at Tarter Krinsky

Charles Miller, who practiced for 11 years at Kasowitz Benson Torres, has moved to Tarter Krinsky & Drogin, where he will lead the midsize firm's new securities and financial services litigation group.
2 minute read

New York Law Journal

Cheating the Algorithm: The New 'Pump and Dump' Fraud

In his Corporate Securities column, John C. Coffee Jr. writes: Old frauds never die. Nor do they fade away. Rather, they mutate and morph into new configurations in response to new opportunities (which new technologies usually create). Thus, the traditional boiler room "pump and dump" scheme was a product of the widespread adoption of the telephone, which allowed high pressure salesman to reach hundreds of gullible customers in a day. Today, an analogous new technological development is inviting new forms of fraud.
13 minute read

Corporate Counsel

Report: Feds Still Eager to Use Prosecution Agreements, Monitoring

A new report from Gibson, Dunn & Crutcher shows that NPAs and DPAs, as well as monitoring, are still popular tools for government prosecutors.
14 minute read

New York Law Journal

Former Traders Arraigned on FX Conspiracy Charges

Three indicted former traders, all U.K. nationals who worked for major international banks, surrendered Monday to U.S. officials.
2 minute read

New York Law Journal

Investors Allege Co-Working Space Is a Ponzi Scheme

An international assortment of investors in the co-working startup Bar Works filed a securities fraud suit in the Southern District on Monday over allegations the company co-founder, Renwick Haddow, was operating a Ponzi scheme.
4 minute read

New York Law Journal

'Spoofing': The SEC Calls It Manipulation, But Will Courts Agree?

Michael A. Asaro and Richard R. Williams Jr. of Akin Gump Strauss Hauer & Feld write: Spoofing has clearly become a high enforcement priority for the SEC and other regulators. As a result, investment firms and broker-dealers who condone this activity, or who fail to have policies reasonably designed to prevent it, do so at their own risk.
16 minute read

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