Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank Employment

CEO Hit With Sarb-Ox Clawback

claw back

Employment, Litigation, Public Companies and Securities The former CEO of Saba Software, Inc. agreed to repay over $2.5 million in bonuses, other incentive-based or equity-based compensation, and stock sale profits pursuant to Section 304(a) of the Sarbanes-Oxley Act.  The action resulted from allegedly wrongful conduct where Saba consultants misstated revenues by manipulating time records by either recording time in advance of […] Read more →

by   |   September 24, 2014

whistleblower

Yes, Foreigners Can be Whistleblowers

Employment, Litigation, Public Companies and Securities The SEC announced that its largest ever whistleblower award estimated to be worth more than $30 million will be paid to a resident of a foreign country.  While the eligibility of... Read more →

by   |   September 22, 2014

whistleblower

Whistleblowers Fight Over SEC Award

Employment, Litigation, Public Companies and Securities, Uncategorized It was predictable someone would submit a phony whistleblower claim, and I suppose it was predictable there would be a fight over an actual award, like co-workers diving for a... Read more →

by   |   September 4, 2014

whistleblower

SEC Fights Off Phony Whistleblower Submissions

Employment, Litigation, Public Companies and Securities As might have been expected, some will go to great lengths to claim they are entitled to a whistleblower reward based on suspect evidence.  An example is this Commission order... Read more →

by   |   August 29, 2014