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.
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.
“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.”
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.
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.
The U.S. Supreme Court has agreed to decide whether the Securities and Exchange Commission is authorized to seek disgorgement in civil enforcement cases.
Sidley Austin and Deloitte are among five professional firms agreeing to pay $220 million to settle claims for aiding securities sales by a now-defunct investment firm accused of operating as…
A federal appeals court has ruled that Greenberg Traurig is immune from liability in a lawsuit by investors who lost money in a Ponzi scheme perpetrated by a client.
The Hertz Corp. has sued its former general counsel and two other executives in an effort to claw back $70 million in incentive and severance pay for the group’s alleged…
A former corporate lawyer for SeaWorld has pleaded guilty to one count of insider trading for buying company stock last summer after learning of yet-to-be-announced increases in attendance and revenue.
The U.S. Supreme Court ruled Wednesday that an investment banking director can be liable for emailing alleged false statements to prospective investors, even though he sent the emails at the…
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