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SEC sues private firm and its CEO for fraudulent stock repurchases

  • Dorsey & Whitney LLP
  • -
  • USA
  • -
  • December 13 2011

The SEC brought a fraud action against a company and its Chairman and President for defrauding company shareholders out of more than $110 million in the sale of their shares to the company by paying prices which were as much as 300 under value

This week in securities litigation (week ending June 8, 2012)

  • Dorsey & Whitney LLP
  • -
  • USA
  • -
  • June 8 2012

As the insider trading trial of a former Goldman director continued in Manhattan, another insider trading probe moved to the playing field, according to a Reuters report