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National Law Journal

In Trump's Search for Market Cops, Paul Atkins' Network Plays Prominent

A week after defeating Hillary Clinton, President-elect Donald Trump is just beginning to fill top posts in his administration. As lawyers buzz over potential picks for financial regulatory agencies, the agency best-suited to fulfill his call to "dismantle" financial regulations, some names potentially in the mix revolve in the orbit of his transition team's top adviser on financial regulation—Paul Atkins.
10 minute read

The American Lawyer

Plaintiffs Bar Prepares for Fallout From Trump Agenda

Not everyone in the private plaintiffs bar predicts that a Trump presidency will be bad for business. But no one is expecting their jobs to get easier.
9 minute read

The Recorder

FireEye Wins Round in Shareholder Suit

Judge Edward Davila ruled that statements from FireEye officials about the company's 2013 acquisition of Mandiant Corp. were nonactionable "puffery."
8 minute read

The Recorder

Twitter Faces Surge of Securities Suits

At least five lawsuits accuse the social media company of misleading investors about the growth of its user base.
10 minute read

National Law Journal

Ex-SEC Commissioner Paul Atkins, No Fan of Dodd-Frank, Leads Trump's Financial-Agency Review

After promising during the campaign to "get rid of Dodd-Frank," President-elect Donald Trump has named Paul Atkins, a fellow critic of the post-financial crisis law, to lead his transition's review of independent financial agencies. His past statements and votes provide some picture of his approach to financial regulation and how he might seek to shape the SEC.
9 minute read

Corporate Counsel

Steady Through Storms at Abercrombie & Fitch

By | November 09, 2016
Robert Bostrom had to contend with a proxy fight shortly after he arrived.
10 minute read

Corporate Counsel

Securities Lawyers Won't 'Rush to Judgment' on Trump's Next SEC Moves

Lawyers representing companies in securities law say they will take a "wait and see" approach to the Trump administration, though change is possible with a Republican Congress.
10 minute read

The Legal Intelligencer

High Court Considers When a Stock Tip Becomes Insider Trading

The Supreme Court heard oral ­argument last month in Salman v. United States, a case that requires the court to define the scope of the federal insider-trading law. Under the court's prior precedent, a stock tip becomes "insider trading" if an insider personally ­benefitted by providing information to another. But what sort, and how much, "personal ­benefit" must be shown? The government, seeking enlargement of the statute's scope, argues that an individual benefits personally by improving the ­relationship with her friends or family—in other words, an ­abstract benefit. By contrast, defense ­counsel in Salman maintains that an ­individual benefits only when she receives a tangible, quid pro quo benefit in return.
11 minute read

New York Law Journal

Shkreli, Katten Face Off Over Deal Advice

A judge will decide whether former pharma exec Martin Shkreli can force his former lawyers to hand over records that he claims will help show his innocence.
14 minute read

New York Law Journal

Zap v. Mortgage Electronic Registration Systems, Inc.

By | November 08, 2016
Foreclosure Challenge Charging MERS With Breach, Fraud Dismissed; Quiet Title Claim Fails
3 minute read

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