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Latham & Watkins Reps Facebook in Shareholder Suit Alleging Corporate Racism
The lawsuit, filed in July, claims Facebook CEO Mark Zuckerberg "wants Blacks to be seen but not heard."Despite Pandemic, Securities Class Actions Dropped in 2020, Report Says
The "Securities Class Action Filings – 2020 Midyear Assessment," compiled by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse, found that there were 182 new class action securities filings through June 30, an 18% decrease from the second half of 2019 and the lowest since the end of 2016.Meet the Lawyers Who Want to Overhaul Oracle and Facebook's Boardrooms
When asked if Frank Bottini plans to bring more shareholder derivative lawsuits against Silicon Valley companies who allegedly do not follow through on their diversity initiatives, the Bottini & Bottini lawyer said Oracle is certainly not the only company that lacks diversity in its top ranks.Convicted Ex-General Counsel on Securities Fraud Judgment: 'Things Happen in Life'
"You take them and it's a journey. Some good. Some bad," said Luke Zouvas, who was implicated in a pump-and-dump securities fraud scheme.Marin County Real Estate Firm Engaged in 'Serious Misconduct' for 30 Years, Executive Says
After the death of its founder Novato-based Professional Financial Investors Inc. requested an SEC investigation into potential misconduct. In a letter to its more than 1,500 investors June 28, the company's chief restructuring officer confirmed three decades of serious misconduct.View more book results for the query "*"
Reunited: Disgraced Lobbyist Jack Abramoff Leans on Abbe Lowell for Defense Again
Lowell previously represented the super-lobbyist in 2006 when he was sentenced to six years in prison after pleading guilty to fraud, tax evasion and conspiracy charges. On Thursday, federal prosecutors and the SEC announced charges related to a proposed new cryptocurrency.'Cynical Multimillion-Dollar Hoax': DOJ Charges Medical Tech Company With Fraud Amid COVID-19
Arrayit Corp. has been charged with the DOJ's first criminal securities fraud prosecution related to the COVID-19 pandemic.SEC Investigating Marin County Real Estate Company After Owner's Death
Investors in Professional Financial Investors Inc. were sent letters last week indicating that the SEC had opened a fact-finding inquiry into Kenneth J. Casey, who died last month, and his companies' three decades of real estate investments in Marin County and the southern part of Sonoma County.BitClave to Refund Investors $25.5M in SEC Settlement
The agency said the San Jose cryptocurrency firm led an unregistered initial coin offering of its Consumer Activity Tokens.Judge Gives Early Approval to $25M Class Action Settlement in Tezos ICO
"This is new terrain in this litigation, so that is also something to take into account," said U.S. District Judge Richard Seeborg of the Northern District of California in granting preliminary approval to the proposed deal to settle claims brought on behalf of investors who alleged that the initial coin offering on the Tezos blockchain violated U.S. securities laws.How to Build Efficiency at Your Advisory Practice
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