By Jenna Greene | October 2, 2018
SEC investigators couldn't crack the case—assuming there was a case, and not just investors blessed with super-fortuitous timing.
By Jenna Greene | September 10, 2018
If the stakes weren't so high, the underlying issue would almost be funny.
By Colby Hamilton | August 28, 2018
The media company allegedly made misleading statements about the integrity of its zero tolerance sexual harassment policy after recent claims were raised against CEO Leslie Moonves and others.
By Andrew Denney | August 17, 2018
Evan Greebel, a former partner at Kaye Scholer and Katten Muchin Rosenman, is headed to prison after working with disgraced pharmaceutical executive Martin Shkreli to defraud investors.
By C. Ryan Barber | June 21, 2018
“I think the SEC should be in the business of getting money back for investors who are subject to that kind of fraud—a Ponzi scheme and whatnot. A possible way to do that is to give us restitution authority in those circumstances,” Clayton told members of a U.S. House committee on Thursday.
By Marcia Coyle | June 19, 2018
The justices, who had granted review in March 2017, dismissed Leidos v. Indiana Public Retirement System on Monday after the parties notified the court they had agreed to settle their dispute. The case attracted widespread amicus attention, including a brief from the U.S. Department of Justice.
By Tony Mauro | June 18, 2018
U.S. Solicitor General Noel Francisco also urged the justices to grant review in the Apple antitrust case, which will be argued this fall. “The importance of the question presented will only grow as commerce continues to move online,” he wrote. The Apple dispute was one of five case the justices added to their argument docket for the 2018-2019 term.
By Amanda Bronstad | June 15, 2018
Labaton Sucharow has moved for a federal judge reviewing its billing records to recuse himself from a securities class action settlement, citing a “serious conflict” raised by statements from the judge, which the firm said implied that the New York law firm was engaged in public corruption.
By Tom McParland | June 11, 2018
A Tesla Inc. investor has sued over Elon Musk's $2.6 billion-valued pay package in the Delaware Court of Chancery, calling the stock option a "massive, unfair and unprecedented" gift that would make the car manufacturer's CEO one of the richest public-company executives in the world.
By Marcia Coyle | June 11, 2018
“We hold that American Pipe does not permit a plaintiff who waits out the statute of limitations to piggyback on an earlier, timely filed class action,” Ginsburg wrote for the court Monday in "China Agritech v. Resh." The U.S. Chamber of Commerce, the Washington Legal Foundation and others supported China Agritech in amicus briefs.
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