This week the Commission announced that the Enforcement program filed the largest number of actions in fiscal 2011 in the history of the Division.
Adm. Proc. File No. 3-14585 (Oct 13, 2011) is an action against the company and Lessen Chang.
“Do they get it?” This is a question frequently asked by FCPA enforcement officials.
The SEC seems to be haunted by the ghosts of debacles past.
Scandal surfaced again at the SEC this week.
The SEC inspector general issued a report on Tuesday referring the matter regarding former SEC General Counsel David Becker’s involvement with the Madoff clawback suits to the DOJ.
Two legislative proposals which would reorganize the SEC and impact the manner in which regulations are enacted are pending before the House Financial Services Committee.
Primary liability in a Section 10(b)-5(b) false statement case was defined by the Supreme Court in terms of control and authority over the statement in Janus capital Group, Inc. v. First derivative Traders, 131 S.Ct. 2296 (2011).
The former husband of Playboy CEO Christie Hefner, attorney William Marovitz, settled insider trading charges with the SEC.
On Wednesday, June 8, 2011 the firm hosted for the ABA a panel discussion on Current Trends in DOJ and SEC Financial Fraud Enforcement.