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9th Circuit Says Yes to Restatement, Yes to the SEC, and a Big No to...
On May 15, 2012, the Ninth Circuit Court of Appeals affirmed the decision of the district court finding in favor of the Securities Exchange Commission (“SEC”) on allegations that Carl Jasper, the...
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Say Hello to My Imaginary Friend! Judge Posner, Seventh Circuit Issue Stern...
Plaintiffs’ counsel beware: to avoid Rule 11 sanctions you might actually have to talk to “confidential witnesses” yourself and corroborate their statements before citing them in a securities fraud...
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Are Confidential Witness Reforms Looming on the Horizon? Can the Plaintiff’s...
A decision is expected shortly in the highly publicized so-called confidential witness “scandal” involving the Robbins Geller Rudman & Dowd law firm. Judge Suzanne B. Conlon of the United States...
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The SEC Criticizes One of Its Own
Even with the SEC’s home-court advantage in bringing enforcement actions in its administrative court rather than in federal court, the SEC will still criticize its own administrative law judges (“ALJ”)...
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Sudan Now Open for Business, but Risks Remain
On October 12, 2017, the United States made permanent its lifting of a longtime general embargo on trade and investment with Sudan. As a result, U.S. individuals and companies are now generally free to...
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