1364 ABA Journal Securities Law articles.
Oct 1, 2021 2:10 AM CDT
The founder of blood-testing company Theranos can’t exclude government evidence at her fraud trial on the basis of lost, purportedly exculpatory evidence because her company was responsible for the destruction, a federal judge in San Jose, California, has ruled.
Aug 5, 2021 1:15 PM CDT
A lawsuit filed by a McDonald’s investor alleges Morgan, Lewis & Bockius conducted a “grossly inadequate” investigation of inappropriate relationships by the company’s then-CEO, leading to his unwarranted “lavish severance…
Jul 30, 2021 2:10 PM CDT
Federal prosecutors in New York have sold a one-of-a-kind Wu-Tang Clan album
to help satisfy a forfeiture judgment against “Pharma Bro” Martin Shkreli, a former drug company CEO convicted of securities fraud.
Jul 28, 2021 10:52 AM CDT
In another case with an unusual lineup, the U.S. Supreme Court partly ruled for Goldman Sachs on Monday in a securities class action alleging the investment bank made generic statements that maintained its inflated stock prices.
Jun 21, 2021 1:35 PM CDT
New York City law department is hacked
Lawyers in New York City’s law department have no remote access to the the computer system after a computer hack, a spokesperson said…
Jun 8, 2021 4:30 PM CDT
Baker, Donelson, Bearman, Caldwell & Berkowitz health care partner Jon Darrell Seawright has been charged along with a former lobbyist at the firm for their roles in an alleged Ponzi scheme involving fake timber purchases.
May 24, 2021 9:51 AM CDT
Plaintiffs law firm Robbins Geller Rudman & Dowd has been kicked off a securities class action alleging that investors lost money when a Mexico-based media company concealed a scheme to bribe soccer officials for broadcasting rights.
May 20, 2021 1:05 PM CDT
Payouts for legal malpractice claims are at an all-time high, according to a new survey by insurance broker Ames & Gough. Ames & Gough surveyed 11 leading legal malpractice insurers about claims paid from 2019 to the middle of 2020.
May 18, 2021 8:57 AM CDT
Pennsylvania judge denies any QAnon connection
A Philadelphia judge running for the Pennsylvania Supreme Court is denying any connection to QAnon and its conspiracy theories. Judge Paula Patrick told the…
May 3, 2021 4:30 PM CDT
The U.S. Securities and Exchange Commission’s new enforcement chief, Alex Oh, abruptly resigned Wednesday after a federal judge said he was considering sanctions for a claim that she made about her opposing counsel's demeanor before she left her BigLaw firm.
Apr 29, 2021 11:26 AM CDT
Tesla’s board of directors failed to secure a general counsel who could curtail “erratic” tweeting Tesla CEO Elon Musk, according to a shareholders’ derivative lawsuit unsealed Friday.
Mar 17, 2021 1:41 PM CDT
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…
Jan 14, 2021 4:38 PM CST
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.
Dec 14, 2020 3:46 PM CST
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.
Dec 7, 2020 1:27 PM CST
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