Securities Law

1352 ABA Journal Securities Law articles.

Afternoon Briefs: Law dean Chemerinsky opposes Trump Twitter ban; safe injection site shot down

Law dean Erwin Chemerinsky opposes Trump Twitter ban

Twitter and Facebook had the right to remove posts by President Donald Trump that amounted to incitement, but a total ban on…

Supreme Court will consider Goldman Sachs case that could limit shareholder suits
The U.S. Supreme Court on Friday accepted a case that could limit securities class actions against companies that make generic statements about integrity before a drop in stock prices.
Florida lawyer and disbarred New York attorney are indicted in alleged opinion letter scheme
Florida lawyer Thomas Craft and disbarred New York attorney Richard Rubin have been indicted in an alleged scheme to produce fraudulent opinion letters that allowed sales of microcap stock to the investing public.
Afternoon Briefs: These BigLaw firms get ‘A’ ratings on climate change; lawyer settles athlete fraud claims

Only 4 BigLaw firms get ‘A’ ratings in climate change fight

A group called Law Students for Climate Accountability is giving an ‘A’ grade to only four large law firms…

Receiver’s lawsuit alleges 2 BigLaw firms turned a blind eye to Ponzi scheme
The receiver for investment funds accused of operating as a Ponzi scheme has sued DLA Piper and Fox Rothschild for allegedly facilitating the wrongdoing.
ABA is ‘deeply concerned’ by China’s new security law, saying it violates agreement with Hong Kong
ABA President Judy Perry Martinez said Wednesday the ABA is “deeply concerned” by China’s new national security legislation, which is designed to curb anti-government demonstrations in Hong Kong.
Former BigLaw lawyer can start the process to return to practice after prison sentence, state supreme court says
Corrected: A former Fox Rothschild partner who was sentenced to federal prison for insider trading may start the reinstatement process to practice law again, the Pennsylvania Supreme Court ruled earlier this week.
Supreme Court rules disgorgement, with limits, is allowed in SEC civil actions
The U.S. Supreme Court ruled 8-1 Monday that the U.S. Securities and Exchange Commission may seek disgorgement—with some limits—in civil enforcement cases.
Another lawsuit is filed against Zoom over alleged privacy problems
Zoom Video Communications has been hit with a new privacy lawsuit alleging that it failed to protect user data from Facebook and LinkedIn.
Afternoon Briefs: GCs are overloaded with coronavirus webinars; former judge dies at 88

General counsels are overloaded with COVID-19 emails and webinar invites

Corporate clients are inundated with emails and webinar invitations from law firms offering information on the novel coronavirus, according to…

Sounding the alarm: One whistleblower’s story
The ‘emergency room of law’: Protections are critical for whistleblowers and their lawyers

“The whistleblower often comes to us in pretty bad shape,” attorney Stephen Kohn says. “He’s at risk to be killed [in his profession]. It’s our job to get those bandages on, get him back to health and have him walk out in good condition.”

Afternoon Briefs: Texas university leader leaves without blame for law school scandal; judge sides with immigrants

Texas Southern University president leaves school with no blame for alleged law school misconduct

Texas Southern University is parting ways with its president without any claims of wrongdoing, which is…

Top tips for lawyers to stay in control of their business development

From daily happiness levels at work to reframing how you think about competition, brand expert and lawyer Katy Goshtasbi offers ways for lawyers stay on top when it comes to business development—whether it’s their own brand or their firm’s brand.

BigLaw partner lists $166M in liabilities in Chapter 7 filing that would halt suit alleging Ponzi scheme aid
A Baker Donelson partner has filed a petition for Chapter 7 bankruptcy that would pause litigation contending that he aided a Ponzi schemer who was sentenced to 19.5 years in prison.

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