On November 2, 2018, the U.S. Securities and Exchange Commission (“SEC”) Enforcement Division issued its annual report (“Annual Report”) on
On May 26, 2016, the British Columbia Provincial Court dismissed Rashida Samji’s request for a stay of criminal fraud charges in R v. Samji. The
The 11th Circuit held that a search warrant allowing federal agents to seize all business records of a company fit within the "pervasive-fraud doctrine."
It is common for defendants to seek to delay compliance with the asset disclosure provisions of freezing and proprietary injunctions.
Individual plaintiffs residing in Switzerland and France brought suit against four corporate defendants, as well as certain corporate officers thereof, for, among other things, violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5.
The Federal Energy Regulatory Commission (“FERC” or “Commission”) released an Order Approving Stipulation and Consent Agreement involving North America Power Partners (“NAPP”) in Docket No. IN09-6.
On October 28, the Federal Energy Regulatory Commission (Commission) issued an order approving a $2.7 million settlement relating to allegations that North America Power Partners (NAPP) engaged in fraudulent conduct in violation of the Commission’s prohibition against market manipulation and committed multiple violations of the PJM Interconnection, LLC’s (PJM) Open Access Transmission Tariff (OATT).
The case of BSkyB v HP Enterprise Services UK Ltd 2010 QBD 267 (TCC) involved an invitation to tender by the Plaintiff company.
Valentine Capital Asset Management, a California-based registered investment adviser, agreed to settle an SEC enforcement action by disgorging approximately $400,000 it received in excess commissions, paying a $70,000 penalty, and agreeing to be censured.
The Fifth Circuit found that buyers of natural gas did not commit fraud by reporting artificially low sales prices to an industry index in order to reduce market prices.