China’s renewed focus on anti-corruption efforts highlighted by a new interpretation on criminal offense of paying bribes *

China - February 27 2013
In the three months since the Communist Party of China (the "CPC") convened its 18th National Congress in November 2012, the CPC's new leaders…

Co-authors: Dan Levison, Sherry Yin, Calvin Jin.

China-based company's victory in securities fraud case reversed on appeal *

USA - August 7 2012
On August 1, 2012, the Court of Appeals for the Second Circuit revived a putative securities fraud class action lawsuit against China North East Petroleum Holdings Ltd. (“NEP”), a China-based crude oil production company whose stock was traded on the New York Stock Exchange.

Co-authors: Ruti Smithline.

FCPA derivative suit dismissed: complaint devoid of specific allegations falls woefully short *

USA - July 10 2012
In November 2010, Tidewater Inc. paid more than $15 million to US regulators to settle charges that it had violated the Foreign Corrupt Practices Act (“FCPA”).

Co-authors: Anna Erickson White, Ruti Smithline.

U.S. Supreme Court invites Solicitor General’s views on whether to grant review of case implicating key pleading standard for securities claims *

USA - October 5 2010
Yesterday, the Supreme Court invited the U.S. Solicitor General to express its views on whether the Court should grant plaintiffs’ certiorari petition in The Laborers District Counsel Construction Industry Pension Fund v. Omnicare, Inc., No. 09-1400 — a case that should be of interest to securities issuers, underwriters, accountants, and others who potentially face the threat of lawsuits under Section 11 of the Securities Act of 1933.

Co-authors: Seth M. Galanter, Jack C. Auspitz.