Results 1 to 5 of 33

Second Circuit bars criminal defendant from accessing assets frozen by regulators

USA - April 12 2013 The US Court of Appeals for the Second Circuit recently upheld a district court's refusal to release nearly $4 million in assets frozen by the…

Michael M. Rosensaft

Court finds Section 15(a) of the Exchange Act only applicable in domestic transactions

USA - April 12 2013 The US District Court for the Northern District of Illinois recently granted defendants' motion to dismiss one count of a Securities and Exchange…

Michael M. Rosensaft

District Court finds that Securities Exchange Act covers stock “float” manipulation

USA - February 1 2013 In a self-described "precedent-setting" order, the US District Court for the Eastern District of Pennsylvania recently found that the Securities…

Michael S. Gordon

Fourth Circuit affirms finding of no Fifth Amendment violation in connection with 45-year conviction for $100 million investment scheme

USA - February 1 2013 The US Court of Appeals for the Fourth Circuit recently affirmed a defendant's conviction and 45-year sentence, holding that the defendant's Fifth…

Michael S. Gordon

Former hedge fund founder ordered to pay $5 million for securities law violations

USA - December 7 2012 The US District Court for the Southern District of New York recently ordered the investment adviser to two hedge funds, and its managing director, to pay nearly $5 million in disgorgement, prejudgment interest and civil penalties for violations of the federal securities laws.

Michael S. Gordon