SEC Says South Miami Defrauded Investors
On Wednesday, officials of the U.S. Securities and Exchange Commission said that the city of South Miami, Florida had defrauded…
SEC
SEC Cannot Be Sued for Negligence in Madoff Action
On Wednesday, a three-judge panel of the 2nd U.S. Circuit Court of Appeals upheld the dismissal of lawsuits brought against…
SEC Clarifies Rule on Posting Company Data on Social Media
On Tuesday, the U.S. Securities and Exchange Commission said that companies can use their social media accounts like Twitter and…
Court Rules in Favor of SEC withholding FINRA Records from Public
On Thursday, U.S. District Judge Beryl Howell ruled that the SEC had no requirement to publicly release records of their…
Eli Lilly Settling Bribe Case for $29 Million
On Thursday, U.S. pharmaceutical company Eli Lilly and Co agreed to pay a sum of $29 million to settle civil…
JPMorgan and Credit Suisse Settle U.S. Civil Charges for $417 Million
Regulators said on Friday that JPMorgan Chase & Co and Credit Suisse Group AG will be paying a combined $416.9…
Oracle Settles Charges with SEC
A $2 million fine will be paid by Oracle Corp to settle charges from the U.S. Securities and Exchange Commission.…
Chipotle being Investigated by SEC
A subpoena from the U.S. Securities and Exchange Commission has been issued to Chipotle Mexican Grill Inc as part of…
Subpoenas Issued to 11 Financial Institutions by New Federal Task Force
Last week, a new federal and state task force was created that will investigate mortgage fraud that helped contribute to…
Wal-Mart in Compliance with Foreign Corrupt Practices Act?
The best defense is a good offense? That's what one may wonder after Wal-Mart Stores Inc. announced it is launching…
DLA Piper Announces Launch of New International Securities Group, Along With New Partner
Global law firm DLA Piper announced the launch of its newly created International Securities Group in recent days. Along with…
Former Nixon Peabody Partner Sues Firm, Alleging He Was Made Scapegoat in SEC Investigation
David Tamman, who was formerly employed with Nixon Peabody as a partner, sued the firm in recent days. In 2009,…