SECURITIES FRAUD
(LIIBULLETIN preview)
Defendant Dura Pharmaceuticals ("Dura") is a publicly traded company that develops and markets prescription pharmaceuticals for the treatment of allergies and asthma. The plaintiffs are investors who purchased Dura stock between April 15, 1997 and...
(LIIBULLETIN preview (pre-2014))
[Question presented][Issue][Facts][Discussion][Analysis]Issue
Whether the five-year limitation for government enforcement actions begins running when the government discovered an alleged violation or when the alleged violation took place.
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... (LIIBULLETIN preview)
Between 2006 and 2010, Goldman Sachs (“Goldman”), an investment bank, made public statements regarding its efforts “to address potential conflicts of interest” and its dedication to “complying fully with the letter and spirit” of laws and ethical...
(LIIBULLETIN preview)
Between 2006 and 2010, Goldman Sachs (“Goldman”), an investment bank, made public statements regarding its efforts “to address potential conflicts of interest” and its dedication to “complying fully with the letter and spirit” of laws and ethical...
(LIIBULLETIN preview)
On September 3, 2003, New York Attorney General Eliot Spitzer filed a complaint against a hedge fund for making secret arrangements with Janus Capital Management (“JCM”) to benefit from market-timing. See First Derivative Traders v....
(LIIBULLETIN preview)
In 2009, Francis Lorenzo (“Lorenzo”) was appointed director of investment banking for Charles Vista, LLC (“Charles Vista”), a brokerage firm in New York City. Lorenzo v. Securities and Exchange Commission at 3. Lorenzo oversaw the account of Charles...
(Wex page)
Overview
The Securities and Exchange Act of 1934 ("1934 Act," or "Exchange Act") primarily regulates transactions of securities in the secondary market. As such, the 1934 Act typically governs transactions which take place between parties which are...
(LIIBULLETIN preview)
Jeffrey K. Skilling, former President, COO and CEO of the now-defunct Enron Corporation, was convicted by a federal jury in the United States District Court for the Southern District of Texas on numerous counts of conspiracy, securities fraud, making...