Similar to class actions generally, exploring ethics issues in securities class action litigation (specifically fee-splitting), and how that affects settlement value for plaintiff investors
By Andrew Denney | July 24, 2017
The securities fraud trial for pharmaceutical executive Martin Shkreli, now in its fifth week, is grinding to its conclusion.
1 minute read
By B. Colby Hamilton | July 24, 2017
Attorneys for Brazilian energy giant Petrobras are asking the U.S. Court of Appeals for the Sec-ond Circuit to reconsider its order that would largely have allowed the class action suit against it to proceed.
1 minute read
By Michael W. Peregrine | July 24, 2017
On the 15th anniversary of the Sarbanes-Oxley Act, enacted July 30, 2002, in-house counsel should pause to reflect on how the on-going legacy of that seminal law continues to impact the role of the general counsel, lawyers' professional responsibilities, and the relationship of corporate counsel to governance.
1 minute read
By By Howard B. Epstein and Theodore A. Keyes | July 24, 2017
In their Corporate Insurance Law column, Howard Epstein and Theodore Keyes discuss 'Kokesh v. SEC,' where the U.S. Supreme Court held that the SEC's use of disgorgement of profits as a remedy in an enforcement action constitutes a penalty that is subject to the federal five-year statute of limitations. They write: The question at issue for the Kokesh court was whether SEC disgorgement is a penalty. The question for the insurance community is whether it is insurable. The question for us is whether these two issues may overlap.
1 minute read
By Jenna Greene | July 21, 2017
Facing firepower from a top securities class action firm, Sullivan and Cromwell partners Robert Giuffra Jr. and Matthew Schwartz on Thursday racked up a win on behalf of department store Kohl's Corp. and two of its executives in Wisconsin federal court.
1 minute read
By B. Colby Hamilton | July 21, 2017
The Southern District U.S. Attorney's Office has moved to drop charges against two former JPMorgan Chase & Co. traders in the "London Whale" over concerns about testimony from the whale himself, Bruno Iksil.
1 minute read
By C. Ryan Barber | July 21, 2017
The Trump administration is touting the number of federal regulations that are on the chopping block. Exxon Mobil Corp.'s suing the U.S. Treasury Department over a $2 million fine for violating Russia sanctions. The Federal Trade Commission's looking at Amazon.com's discounting practices. And financial regulators appear to be pulling back on a plan to restrict Wall Street bonuses. This is a weekly roundup from ALM and around the web.
1 minute read
By Michael Booth | July 20, 2017
A Tinton Falls couple who own two investment companies will pay $2.1 million to settle claims filed by the New Jersey Attorney General's Office for violating state securities laws.
1 minute read
By Roy Strom | July 20, 2017
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.
1 minute read
By B. Colby Hamilton | July 20, 2017
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.
1 minute read
Presented by BigVoodoo
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
The National Law Journal Elite Trial Lawyers recognizes U.S.-based law firms performing exemplary work on behalf of plaintiffs.
Health Law Associate CT Shipman is seeking an associate to join our national longstanding health law practice. Candidates must have t...
Shipman & Goodwin LLP is seeking two associates to expand our national commercial real estate lending practice. Candidates should have ...
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
