A California appeals court has overturned a $34.5 million malpractice award against Holland & Knight that had stemmed from the firm’s legal work on behalf of an Atlanta developer accused of making false representations to investors and misappropriating their cash.
Three whistleblowers will receive $83 million for their whistleblowing that led to a Securities and Exchange Commission investigation and a $415 million settlement.
The founder and CEO of blood testing company Theranos has agreed to settle civil fraud charges filed Wednesday by the Securities and Exchange Commission.
A federal judge in Brooklyn, New York, sentenced a tearful Martin Shkreli to seven years in prison for securities fraud Friday after he told the court he was there because of his “gross, stupid and negligent mistakes.”
A federal judge in Brooklyn, New York, has ordered former drug company CEO Martin Shkreli to forfeit $7.36 million in connection with his conviction for securities fraud.
An initial coin offering allows accredited investors to bankroll the creation of a blockchain that will repay them in “coin” or “token” credits that can be traded. Unlike an initial public offering, an ICO does not confer equity in the company.
The Dodd-Frank financial oversight law doesn’t protect securities whistleblowers from retaliation unless they report the alleged violation to the Securities and Exchange Commission, the U.S. Supreme Court ruled on Wednesday.
The U.S. Supreme Court granted review in 12 cases Friday, including a challenge to the appointment process for administrative law judges at the Securities and Exchange Commission.
Class action and complex litigation firm Milberg and mass tort firm Sanders Phillips Grossman plan to partner up, becoming Milberg Tadler Phillips Grossman, the American Lawyer and Global…
A former income partner at Katten Muchin Rosenman faces a sentence of up to 20 years in prison when he is sentenced for his role in a securities fraud scheme…
On Friday, the Securities and Exchange Commission filed and obtained an emergency action against PlexCorps, a Canadian company promoting an initial coin offering, or ICO.
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