Securities Archive » December, 2016

Securities - December, 2016

331 articles

• 6 Key Commercial Litigation Finance Trends For 2017
• Top 10 Topics For Directors In 2017
• 5 Ways To Fight Costlier Legal Malpractice Claims In 2017
• Loan Co. Tries To Take Mass. Tax Fight To High Court Again
• Do Not Expect Lax Financial Enforcement Under Trump
• German High Court Scraps Suit Over Failed Porsche-VW Deal
• 3 Key Securities Litigation Developments Of 2016
• Mediating E-Discovery Disputes Can Save Time And Money
• Credit Suisse Pays $5.3B In Possible Last Post-Crisis Deal
• Feds Push Through Record FCPA Week With Teva Case
• Deutsche Bank Inks $7.2B Mortgage Securities Deal With Feds
• NY Judge Halts Anti-Suit Orders In MF Global Insurer Fight
• Royal Park Pushes for Class Cert. in $6.7B RMBS Suit
• Citigroup Seeks Toss Of Class Suit Over Exchange Blunders
• Insys Seeks Delay, Toss Of Investor Drug Plot Suit In Del.
• Advisory Head Indicted Over $1M Securities Fraud
• CFTC, DRW Spar Post-Trial Over Futures Manipulation Case
• SEC Escapes Risk-Retention Rule Suit In DC
• Tenet Board Faces Shareholder Suit Over $513M FCA Case
• Bio-Rad Can't Block Ex-GC's Evidence In Retaliation Trial
• Ex-CEO Gets Two Years For Hiding Assets From Courts, SEC
• EB-5 Couple Facing Contempt For Failing To Put Up $27M
• SEC Gets Win In $9.3M PE Firm Investor Theft Suit
• Tesla Beats Shareholder Suit Over Battery Fires At 9th Circ.
• LSE Block Trading Products Grow Ahead Of Dark Pool Caps
• US Sues Barclays Over Pre-Crisis Mortgage Securities
• Some Considerations As Fed Provides Volcker Rule Relief
• Lessons On Director Independence From Sandys V. Pincus
• Barclays $120M 'Ice-Breaker' Libor Class Deal Clears Hurdle
• Teva Pharmaceutical To Pay $519M To Settle FCPA Charges
• Second Fla. Brother Pleads Guilty To $10M Investment Fraud
• FBI Leak Prompts Dismissal Bid In Insider Trading Case
• Why Odebrecht Handed Prosecutors A Record FCPA Deal
• Day-Trading Firm Owner Accused In Fake-Account Scam
• 3 Charged In 'Pay-To-Play' NY Retirement Fund Scheme
• Accused Tech Co. Officers Cleared, Win Fee Deal In Del.
• Bernstein Litowitz Ducks Subpoena In Insider Trading Row
• Del. Supreme Court Overturns Chancery's $142M Award
• Nasdaq Says It Leads New Listings In US, Nordic Markets
• Celebrex Judge OKs $468M Settlement, $130M In Fees
• Gov't Asks Dismissal Of $179M Suit Against USDA Over Loans
• Fed Fines BBVA $27M For Blowing Securities Revenue Limits
• FINRA Fines Wells Fargo, Others $14M Over Records
• DHS Sends EB-5 Reform Plan To OMB For First Look
• Breast Implant Maker To Pay $10.9M To End Securities Suit
• Quiros Appeals Injunction In SEC's $350M EB-5 Fraud Case
• Customers Seek Tullett Prebon Docs In Libor Suit
• Trump Treasury Nominee Faces Questions On Dodd-Frank
• Risk Retention In CMBS: A Look Back And A Look Forward
• Avoid Inadvertent Tipping This Holiday Season
• Odebrecht, Braskem To Pay $3.6B In Record FCPA Case
• Building Momentum For The Pay Equity Movement In BigLaw
• Goldman Pays $120M CFTC Fine For ISDAfix Rate Rigging
• Ex-Blackrock Exec Jailed In UK For Insider Trading
• Are You Prepared For A 'Post-Fact' Jury?
• Texas Man Charged With Bilking Investors In Ponzi Scheme
• Chancery Mulls Largest Incentive Award Ever In Occam Case
• RPM International Can't Move SEC Suit Over $61M Deal
• SEC, MSRB Fight GOP's Challenge To New Pay-To-Play Rule
• Neustar Settles SEC Investigation Over Severance Clause
• Energy Co. To Pay SEC $1.4M Over Whistleblower Firing
• SIFMA, ABA Air Worries Over CFTC Cross-Border Swaps Rule
• Schulte Roth Withdraws As Patriarch's Counsel In Zohar Suit
• Chancery Won't Revive Suit Over OM Group's $1B Apollo Sale
• Tokai Hopes To Move $97M Suit Over IPO To Mass. Fed. Court
• 4th Circ. Says FINRA Challenge Must Go To SEC First
• Citibank Renews Bid To Dodge $2.3B RMBS Class Action
• Bondholders Dismissed From Bank Libor Conspiracy MDL
• Bankrupt Oil Co. Gives Preferred-Share Action The Slip
• Morgan Stanley Pays $7.5M For Customer Protection Offenses
• Del. Supreme Court Upholds Chancery On TC Pipeline Case
• $2.5M CFTC Spoofing Settlement Gets Green Light
• Ex-JPMorgan Execs Duck Parmalat Bankruptcy Fraud Charges
• SEC Actions Against Investment Advisers In 2016: Part 3
• Thompson Hine Adds Nixon Peabody Litigator To NY Office
• Oil Exec Liable For Securities Fraud, Texas Court Finds
• BioZone Founder's Backbiting Breached Deal, Judge Told
• Appaloosa Wins $3M Fee Award In TerraForm, SunEdison Suit
• Zagg Hits Back At Investor Suit With $22M In Counterclaims
• CFTC's Alleged Spoofer To Pay $2.5M, Avoid Trading Ban
• Former Thompson Hine Atty Suspended For Insider Stock Buy
• Bitcoin Exchange Co-Founder's Derivative Suit Tossed
• Tilton Says SEC 'Grossly Overreached' In $200M Fraud Case
• Millennium Bank Fraudster's 21-Year Sentence Upheld
• Ex-Proskauer Atty Set To Exit $5B Stanford Ponzi Suit
• Platinum Partners Execs Charged With $1B Securities Fraud
• 5 Insights From Abercrombie GC Bob Bostrom
• Shkreli's Ex-Atty Can't Get More Details On Fraud Charges
• Investor Says Card Co. Knew Sales Trends Were Down Pre-IPO
• Credit Suisse Gets Partial Win In $69M RMBS Suit
• Fraudster's Prison Term Needs Another Look, 2nd Circ. Says
• Ponzi Scheme Investor Didn't Prove Fraud, NJ Panel Says
• Keeping Pro Se Litigants At Bay
• Feds Seek Penalty From Wells Fargo For $1.25B Tax 'Sham'
• SEC Judge Can't Ban Ponzi Schemer After All
• SEC Disgorgement Issue Ripe For High Court Review
• SEC Actions Against Investment Advisers In 2016: Part 2
• VW Says Diesel Securities Class Action Belongs In Germany
• Amalgamated Says Facebook Doc Request Is 'Payback'
• 9th Circ. Revives Edison ERISA Suit On High Court Remand
• Wendy's Hit With Shareholder Suit Over Customer Data Breach
• SEC Wants Justices' Take On Disgorgement Too, Adviser Says
• Goldman Pays $56.5M To Exit ISDAfix Rate-Rigging Suit
• US Moves To Seize Assets Of NJ Traders In $26M Scheme
• 4th Circ. Tosses Another SEC Admin Court Challenge
• Chancery Uses Market Price In LPS-Fidelity Deal Appraisal
• FINRA Fines Deutsche Bank $3.25M Over Dark Pool Info
• Investors Ask Supreme Court To Let Libor Suit Revival Stand
• Sens. Knock CFTC For Not Finishing Position Limit Rule
• Overstock Issues First-Ever Blockchain Shares In $11M Offer
• NJ Pol Blasts Trump's SEC Chair Pick Over GWB Scandal
• Biotech Needn't Disclose Sponsored News, 11th Circ. Says
• DC Circ. Won't Block DOL Fiduciary Rule For Trade Group
• $125M Formula Maker Go-Private Deal Sparks Investor Suit
• Investment Adviser Charged In $19M Fraud Scheme
• SEC Actions Against Investment Advisers In 2016: Part 1
• Are Courts In The Discovery Driver's Seat?
• Deutsche Bank To Pay $37M In Dark Pools Deals
• Salman Insider Trading Case A Hollow Win For Prosecutors
• Swiss Couple Duped Investors Out Of $65M, Shareholders Say
• Investor Suit Against Auction Co. Execs Given The Boot
• Insurer Can Challenge Coverage Of $6M DOL Suit, Judge Says
• Madoff Feeder Funds' Cross-Claims Against HSBC Tossed
• Alere Granted Discovery After Abbott Seeks To Kill Merger
• Valeant Offering Needn't Meet Public Standards, SIFMA Says
• Fed's Brand-New Bank Bail-In Could Have Short Shelf Life
• FINRA Enforcement Chief To Depart After 6 Years
• Goldman, Morgan Stanley Feature Heavily In DOJ's $15B Haul
• Tesla Investors' Stock Suit Nixed Too Soon, 9th Circ. Told
• Issuers Urged To Prepare For New Int'l Accounting Standards
• Texas Oil Co. Owner Charged With Ponzi Fraud Scheme
• Suspect In JPMorgan Hack Left Russia Voluntarily, Atty Says
• Swedish Court Won't Hear Spanish Yukos Investors Appeal
• Solar Co. Facing Insider Trading, Nondisclosure Claims
• Trader, Mother's Co. Must Pay $1.2M In Money Pass Case
• Fed Rule Aims To Make Investors Pay For Big Bank Failure
• Bankrupt Calif. Store Owner Gets 6.5 Years For Wine Scheme
• Reputation Management Tips For Asset Managers
• Braskem To Pay $957M In Operation Car Wash Probe
• Milbank Nabs Top Federal Securities Fraud Prosecutor
• SEC Asks High Court To Consider Disgorgement Limitations
• Cope Hudson Partner Gets Probation For Insider Trading
• Facebook Demands Docs From Stock Plan Challenger
• Pipeline Investors Press Fairness Appeal In $446M Deal
• Wal-Mart Investors Call Class Toss Fatal To Records Demands
• SWS Investors Say Company's Value Higher Than Deal Price
• Mortgage Co. Investors Can't Nix Greenberg Deal Award
• 2nd Circ. Judge Worried Icahn Trade Tactic Reaps 'Zillions'
• DFC Global Says Chancery Ruling Hurts Faith In Appraisals
• NY Judge Scolds SEC Over 'Cryptic' ConvergEx Complaint
• Kirkland Ellis' Conflict Issues Deepen In Turkish Trader Case
• CDS Class Hits Back At Natixis Bid For More Of $1.86B Deal
• Canadian Crowdfunding Volume Up 48% From 2013: Report
• NYSE To Buy National Stock Exchange
• Accuride Investors Drop Suit Over $125M Crestview Buyout
• Six Charged In $50M Scheme To Fake NY Fed Partnership
• Reluctant Judge OKs 7-Wk Insider Trading Trial For Ex-Oriole
• A Practical Assessment Of The 'Universal Proxy Card' Plan
• Ex-Quiznos Execs Escape Investors' Claims At 10th Circ.
• CORRECTED: Deutsche Seeks Revival Of Morgan Stanley RMBS Suits
• Anesthesia Firm Investor Says Board Has Entrenched Itself
• HP Was 'Opportunistic' In $2.8B Aruba Buy, Chancery Told
• Split 7th Circ. Scraps Sentence Over $37M Retiree Scheme
• Family Loses Round In $107M EMI Forfeiture Spat
• Salman Reinforces Galleon Informant's Conviction, Say Feds
• NY AG's $11.2B Credit Suisse Suit Not Time-Barred
• Ex-InterMune Exec Says Salman Voids Insider Trading Loss
• Rules Of Civil Procedure Updates Affect E-Discovery
• Investors, Exchanges Both Claim SEC's Favor At 2nd Circ.
• Gupta Says High Court Ruling Doesn't Save His Conviction
• The Path To The California Bench
• Feds Say Wells Fargo Failed To Address 'Living Will' Problems
• Chinese Fuel-Storage Exec Can't Slip Out Of Fraud Suit
• SEC Says Bio-Rad Wrong To Call Ex-GC's Work Privileged
• Pension Funds' $100M RBS Suit Revived Over 5th Circ. Ruling
• Enron's Legacies, A Decade And A Half Later
• CFTC Rulemaking In The Waning Days Of The Obama Era
• 3 Tips To Avoid Being On The Outs With In-House Counsel
• CalPERS Sues IAC, Diller Over Class C Stock Proposal
• Facebook IPO Scammer Gets 22 Years In Prison
• Staar Surgical Investors Seek Class Cert. In Stock-Drop Row
• Hedge Fund Owner Sued For Using Investment On Property
• Alstom Exec Tells 2nd Circ. To Maintain FCPA Limitations
• In About-Face, Texas Judge Scraps Mass. AG Deposition
• Duke Energy Investors Lose Del. Suit Over Coal Ash Spill
• Facebook To Turn Over Goldman Docs In Class C Stock Suit
• Stalking Horse Is Top Bidder For Implant Sciences' Assets
• 2nd Circ. Asks How Salman Applies To SAC Trader's Case
• Sauer-Danfoss Investors Settle $700M Take-Private Bid Suit
• Inteliquent Hit With Shareholder Suit Over Merger Plan
• SEC Small Business Advocate Act Clears Senate
• EB-5 Fraudster Urges Ill. Judge To Bypass Prison Time
• Facebook Tells 2nd Circ. Offset In IPO Deal Needs Addressing
• NJ Traders Charged With $26M Manipulation Scheme
• Private Capital-Raising Inched Ahead In '16, But Hurdles Loom
• US Says High Court Shouldn't Review 2nd Circ. Libor Case
• Natixis Asks Court To Reconsider $481B Of CDS Deals
• High Court Denies Foundry Exec's Insider Trading Challenge
• Restoring Some Certainty Post-Marblegate
• 4th Circ. Affirms Sanctity Of FINRA Arbitration
• Biggest Shareholder Pulls Support For CBS, Viacom Deal
• Chancery Taps Grant & Eisenhofer To Lead Rouse Appraisal
• Express Scripts Says Stockholder Suit Lacks Fraud Proof
• FINRA Seeks Information From Fired Wells Fargo Reps
• Securities MVP: Davis Polk's James Rouhandeh
• Galleon Informant Says Petition Unaffected By Salman Ruling
• SEC Targets Breitling Sales Team For Roles In $80M Fraud
• Starz Holders Seek Appraisal As Lions Gate Closes $4B Deal
• Fed Releases Report On Blockchain Concerns
• Chicago Firm Can Force Arbitration Of Malpractice Claim
• Doc Request Goes Too Far In $200M Arbitral Row, Court Told
• Raymond James Blasts Atty For Needing 'Tutorial' In EB-5 Suit
• Gas Station Owner Settles SEC's EBay Insider Trading Suit
• The Horrible Conflict Between Biology And Women Attorneys
• Chancery OKs $17.5M Deal To End Sterling Chemical Sale Row
• AIG Yanks 'Forum Shopping' Tax Shelter Suit Into Fed. Court
• 2nd Circ. Got Libor Wrong, Industry Groups Tell Justices
• CORRECTED: Ex-Cantor Fitzgerald Trader Charged With Fraud
• FINRA Bars Crowdfunding Portal In 1st JOBS Act Settlement
• Interpreting The 1st Hong Kong Disclosure Obligations Ruling
• Think Twice Before Settling With An Activist
• How Latin America Is Stepping Up Anti-Corruption Efforts
• UBS Dodges Fraud Suit In NY Over $500M Chinese Investment
• TerraForm Director Can't Escape $231M SunEd Deal Suit
• Securities MVP: Weil Gotshal's Jonathan Polkes
• Silver Investors Seek To Add 4 Banks To Price-Fixing MDL
• Patriot Nat'l Investors Seek TRO On $107M In Stock Deals
• Tech Data Sues Insurers For Coverage Of SEC Investigation
• Hemispherex Investors Put Anti-Fatigue Drug Suit To Rest
• Forexware Can't Duck Former Exec's Breach Of Contract Suit
• Fed To Release Final Bank 'Bail In' Rule Next Week
• Canadian Securities Regulators Step Up ETF Disclosure
• SEC Enforcement Head Leaving Agency By End Of Month
• 2nd Circ. Won't Revive ERISA Suit Over Madoff Profits
• Lawyer EQ: Finding Success In Every Interaction
• Former NYC Financial Adviser Pleads To $1.6M Trust Theft
• Pryor Cashman Malpractice Claim Revived By Appeals Court
• Gold Investors Shouldn't Get Another Shot In MDL, UBS Says
• SEC Chair Warns Trump Not To Eliminate Dodd-Frank Rules
• Managing Intergenerational Differences Within Your Law Firm
• 12 Things To Know About The SEC Whistleblower Program
• Proxy Advisory Firms In The Regulatory Spotlight
• Chipotle Directors Duck Fat-Bonuses Suit
• Judge Skeptical Of CFTC's 'Circular' Logic In DRW Trial
• Securities MVP: Gibson Dunn's Mark Kirsch
• Tesla Shareholder Pressed On Records Demand Fraud Claims
• Stifel, Exec To Pay $24.6M To Settle $200M SEC Suit
• Hedge Fund Manager Admits Stock Manipulation In China
• Adobe's $540M TubeMogul Deal Challenged By Investors
• UBS, Banco Popular Unit See $5M Investor Suit Pared
• CFTC Hits SocGen With $450K Penalty For Unreported Swaps
• Navistar Agrees To Reforms After Securities Settlements
• Software Co. Honcho Can't Claim $112M In 'Wizardry' Losses
• Withholding Changes For Dividend Equivalent Amounts
• 'Rep and Warranty' Insurance: Claims Study Analysis
• The Personal Benefit Test Post-Salman
• Philip Hirschkop: Quietly Making Noise For 50 Years
• Abbott Asks Chancery Court To Kill $5.8B Alere Buyout
• Bravo-Fernandez: Did The Court Incentivize Overcharging?
• Insider Trading Law Remains Murky After High Court Ruling
• High Court Gets 2nd Petition On State Securities Suits
• Lender Asks 11th Circ. To Revive $7M Loan Suit Against Attys
• NFL Players Union Launches Business Incubator
• GE Share Conversion Fight Survives Bid To Toss In Del.
• SEC Will Study Disclosures Ahead Of Revenue Rule Changes
• Investors Say PSG Case Should Continue Against Ex-Execs
• FINRA Fines Wells Fargo Units $1M Over Reports
• Trump Reportedly Considering Gibson Partner For SEC Chair
• Securities MVP: Bernstein Litowitz's Salvatore Graziano
• Segment Reporting Lessons From A Recent SEC Action
• Kraft Wants Factual Info In Wheat Futures Manipulation Row
• Key 2016 Appraisal Decisions That Rejected Merger Price
• High Court Hands Prosecutors Victory On Insider Trading
• Blount Urges Del. Chancery To Toss $855M Merger Challenge
• Zynga Shareholder Suit Over Directors' Biases Revived
• Judge Slashes SEC Sanctions Bid Against Ex-Miami Director
• Securities MVP: Maynard Cooper's Peter Fruin
• Investor Libor Antitrust Arguments Fail, JPMorgan Says
• Expedia Tech Pleads Guilty, Settles Insider Trading Suit
• CFTC Issues New Proposal On Position Limit Rules
• Aegerion To Pay Investors $22M In Juxtapid Marketing Row
• Investment Manager Charged In KIT Digital Fraud
• FINRA Fines UBS $2.5M Over Options Reporting
• PCAOB Fines Deloitte Brazil Record $8M For Audit Cover-Up
• Hong Kong-Shenzhen Stock Connect Goes Live
• SEC Hands Out $3.5M Award To 36th Whistleblower
• Firms' Bid To Increase IndyMac Fee Falls Flat In 2nd Circ.
• Former Biofuel Execs Sentenced To Prison Over Fraud
• Credit Suisse To Pay FINRA $16.5M For Poor AML Oversight
• Health Data Co. Owner Cops To $39.5M Investor, Tax Frauds
• Citigroup Ducks Pensioners' ERISA Suit At Supreme Court
• SEC Oversight Of Asset Managers: A Decade In The Making
• A $650,000 Lesson In Cybersecurity Shortcomings
• Will The FCPA Get Trumped?
• Judge Knocks Wilson's 'Sketchy' Memory In CFTC Trial
• Lender Urges 2nd Shot At Proving KPMG Aided $525M Fraud
• Deutsche Bank Settles For $60M In Gold Price-Fixing MDL
• $1B REIT Ponzi Suit Belongs In Chancery Under CAFA: Judge
• FCPA Risk Decreases In Russia, Estonia, Report Shows
• NY Judge Approves Barrick Gold's $140M Class Settlement
• Texas High Court To Hear $23M Share Dilution Dispute
• Chancery Throws Out BNY Mellon Forex Derivative Suits
• Mass. AG Says Court Can't Order Exxon Deposition
• United Reaches $2.4M SEC Deal In Airline Bribery Scheme
• Investors Accuse Pa. Cemetery Co. Of Ponzi Scheme
• Fla. Man Gets 150 Months For Gov't Bond Fraud Scheme
• Canada Court Tosses Tax On Trust's Offshore Investments
• Gov't Ordered To Detail Allegedly Illegal Dean Foods Trades
• 2nd Circ. Affirms Toss Of 'Big Short' Adviser's SEC Protest
• Rogue Traders To Face Fines Of Up To $5M, CME Group Says
• Stanford Investors Say SEI Enabled Ponzi Scheme
• Fed Gov. Says Leverage Ratio Alone Won't Protect Banks
• Chicago Trader Cops To Pilfering $9M In Ponzi-Like Scheme
• Delaware Suit Targets $6.4B B/E Aerospace-Rockwell Merger
• Rakoff Addresses Tippee Liability In SEC V. Payton
• 5 Insights From Airbus Group's Joshua Walker
• Top 10 Whistleblowing And Retaliation Events Of 2016
• Court Urged To Chuck EB-5 Suit Over Guarantees
• Pimco To Pay $20M To Settle SEC Investigation
• Judge Questions Firm's Trading Strategy In $20M CFTC Trial
• Tesla Shareholder Prepared For Trial On Records Demand
• DOJ Wants SEC To Yield To Criminal Hedge Fund Fraud Case
• Ex-Baseball All-Stars Form Private Equity Group, $50M Fund
• CEO Hurting Patriot National To Keep Control, Investor Says
• CFTC Told To Sharpen Review Of Dealers' Cybersecurity
• Honigman Adds Ex-Barnes & Thornburg Ace As M&A Co-Chair
• Fla. Asset Manager Hit With SEC Suit Over $7.4M Fraud
• Lawyers A Weak Link In AML Enforcement, Report Says
• Judge Denies Enron Investors' Bid To Retry UBS Suit
• Validity Of The 'Reliance On Consultant' Defense
• Small Funds' Big AML Compliance Risks