With
Christine Hanley,
James Kramer
PFM claims that Theranos, Holmes, and Balwani "repeatedly and knowingly lied" to the public and to PFM in the months leading up to its 2014 investment.
With
Jason Halper,
Suzette Pringle
On August 23, 2016, the SEC entered into a settlement that reflects a continuation of its recent trend of increasingly active pursuit of private equity firms, particularly for failing to disclose conflicts of interests and other material information to investors.
With
Charles Ha,
Judy Kwan
On July 7, 2016, Judge Paul A. Magnuson of the United States District Court for the District of Minnesota granted Defendants' Motions to Dismiss a shareholder class action...
With
Christine Hanley,
Stephen Knaster
On Thursday, May 19, 2016, the U.S. Attorney's Office for the Southern District of New York announced the arrest of renowned sports bettor William "Billy" T. Walters on an alleged years-long insider trading scheme...
With
Daniel Dunne,
Blake Osborn
Speaking last week at the SEC's and Rock Center's Silicon Valley Initiative at Stanford Law School, SEC Chair Mary Jo White cautioned Silicon Valley's start-up companies regarding their potential lack of internal controls.
With
William Alderman,
Blake Osborn
Lucia's appeal stems from the SEC's prosecution of Lucia in an administrative proceeding for misleading prospective clients about the company's retirement wealth management strategy.
With
Daniel Dunne,
William Foley Jr
The practice of high frequency trading has been a hot-button issue of late, thanks in part to Michael Lewis' 2014 book Flash Boys: A Wall Street Revolt, which examines the rise of this phenomenon throughout U.S. markets.
With
Penelope Graboys Blair,
Blake Osborn
Crowdfunding is the use of small amounts of capital from a large number of investors to finance new business ventures.
With
Jennifer C. Lee,
Amy Ross
On September 29, 2015, the D.C. Circuit, the second federal appellate court to recently weigh in on the ongoing debate over SEC administrative actions, ruled in favor of the SEC in Jarkesy v. SEC, holding that federal courts do not have subject matter jurisdiction over challenges to ongoing SEC administrative enforcement proceedings.
With
Kenneth Herzinger,
Jennifer Poer
This latest multi-million dollar payout suggests that the SEC's whistleblower program is in full swing, and that legal representation of whistleblowers may be on the rise.
With
Robert Cohen,
William Foley Jr
As noted previously in this blog, the SEC and other regulatory agencies continue to display an increased interest in the issue of internal and supervisory controls.
With
Penelope Graboys Blair,
Jennifer C. Lee
On February 24, 2015, the SEC announced that it had reached an agreement with Goodyear Tire & Rubber Co. for Goodyear to disgorge more than $16 million to settle FCPA charges...
With
Erin M. Connell,
Tracy Scheidtmann,
Mark Thompson
On December 31, 2014, the Court of Appeal for the Second District of California held in an unpublished opinion that employers are not required to relieve employees of all duty during rest periods mandated by California state law.
With
William Alderman
On November 3, 2014, the U.S. Supreme Court held oral argument in Omnicare v. Laborers District Council Construction Industry Pension Fund.
With
Penelope Graboys Blair
Judge John L. Kane of the United States District Court for the District of Colorado is uninterested in oxymoronic gimmicks, that much is clear.
