ABA Journal

Securities Law

1373 ABA Journal Securities Law articles.

SEC Sues Past Apple GC; Was She Singled Out?

As previously predicted, the U.S. Securities and Exchange Commission sued former Apple Inc. general counsel Nancy Heinen today, claiming that she participated in a scheme to backdate stock options grants…

Ignoring Wife Costs Husband of Amgen VP

Prosecutors say a vice president at drugmaker Amgen Inc. told her husband about favorable results from a clinical trial of a cancer drug, but warned him not to trade on…

Apple’s Ex-GC to Use E-Mail in Defense

The attorney for Apple Inc.’s former general counsel told the Wall Street Journal (sub. req.) her client will use e-mails to show she did not backdate…

Scrushy Makes Deal with SEC, But Can He Pay?

The former CEO of HealthSouth will pay $81 million to resolve a lawsuit filed by the Securities and Exchange Commission.

Richard M. Scrushy will forfeit $77.5 million and pay a…

SEC Options Backdating Suit for Ex-Apple GC?

A former general counsel for Apple Inc. may be sued by the Securities and Exchange Commission for her role in allegedly backdating two stock options grants to company executives, according…

Lawyer Testifies About Advice in Media Execs’ Trial

A lawyer from Cravath, Swain and Moore testified yesterday that he warned that payments to media executives at Hollinger International needed to be disclosed to the Securities and Exchange Commission.

Nonparty Spoliation Alleged in Oracle Case

A discovery dispute in a securities fraud suit filed against Oracle Corp. raises the issue: Did the software company have an obligation to warn nonparties to preserve evidence?

British author…

Motorola Agrees to $190 Million Settlement

Motorola Inc. has agreed to a $190 million settlement in a class action lawsuit filed by shareholders.

The suit had claimed the communications company failed to disclose $2.7 billion in…

SEC Study: Don’t Litigate, Arbitrate Stock Cases

The Securities and Exchange Commission is studying a sure-to-be controversial plan to encourage – or even require – parties in securities litigation to arbitrate rather than litigate their cases, potentially…

‘European Model’: Huge Settlement, But No Suit

A settlement of more than $350 million with aggrieved shareholders announced this week by Royal Dutch Shell PLC provides a “European model” for a kinder, gentler approach to such situations…

Suit Proceeds Against NYSE and its CEO

A New York judge has refused to dismiss a lawsuit against the New York Stock Exchange and its CEO.

Justice Charles E. Ramos ruled the suit can proceed against CEO…

Big Settlement Exports U.S.-Style Litigation

In a legal milestone that could portend big bucks for plaintiff lawyers in future cases – and a steady stream of defense fees for those on the other side of…

Supporting Actor Role

SEC Wants a Larger Cast of Characters in Securities Fraud Suits

Back in Business

After Enron and Sarbanes-Oxley, an Aggressive SEC Cracked Down. But a Favorable Political Environment Finds Corporations Battling Back.

More than Just Peanuts

High Court’s Pesticide, Stock Market Cases Test Whether Federal Regulations Bar Suits

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