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Former SEC enforcement chief Robert Khuzami's move to a lavishly-paid gig at Kirkland & Ellis doesn't come as any surprise. And that's a shame, says The American Lawyer's Susan Beck.
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Will Barry Berke of Kramer Levin Naftalis & Frankel help stymie the ever-widening insider trading probe of the hedge fund SAC Capital Advisors? Or will Berke's client be just another step up the ladder for prosecutors determined to nab the fund's billionaire founder, Steven Cohen?
While SEC Enforcement Director Robert Khuzami didn't mention Manhattan federal district court judge Jed Rakoff during a speech on Thursday to the Consumer Federation of America, his comments were a clear rebuttal to the judge's ruling on Monday in which he criticized the SEC's practice of not requiring defendants to fess up to violations when settling.
Cite as: McNamee v. Clemens, 09 CV 1647 (SJ) (CLP), NYLJ 1202480692327, at *1 (EDNY, Decided February 4, 2011)District Judge Sterling Johnsonp class="decid
Judge Won't Consider Expert Testimony in Recusal Motion Over Investments
Lawyers seeking the recusal of federal Judge Shira Scheindlin in New York from presiding over nearly 900 consolidated suits over initial public offerings may not use testimony from ethics experts to support their motion, Scheindlin ruled, saying experts may testify only on factual matters. Lawyers allege Scheindlin and her family own shares in some of the technology companies that were sued by investors.State AI Legislation Is on the Move in 2024
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