Dodd-Frank Litigation
Supreme Court Finds Appointment of SEC ALJs Unconstitutional – What’s Next?
Litigation, Public Companies and Securities In Lucia v. Securities and Exchange Commission, the SEC brought an administrative action before one of its administrative law judges, or ALJ’s, against Raymond Lucia for allegedly using misleading slide presentations to deceive prospective investors using a retirement savings strategy called “Buckets of Money.” The ALJ that adjudicated the case issued an initial decision finding... Read more →
House Subcommittee Reviews Legislation that would Fundamentally Alter Securities Litigation
Litigation, Public Companies and Securities The House Subcommittee on Capital Markets, Securities, and Investments held a hearing which reviewed two pieces of legislation that have been introduced: H.R. 2128, the “Due... Read more →
SEC Charges 13 Private Fund Advisers for Failure to File Form PF
Litigation, Private Equity The SEC announced settlements with 13 registered private fund investment advisers who repeatedly failed to provide required information that the agency uses to monitor risk. In... Read more →
Longfin, Rule 144 and Affiliate Status
Litigation, Public Companies and Securities The United States District Court for the Southern District of New York recently issued an opinion granting a preliminary injunction with respect to alleged Section 5 violations by... Read more →