Dodd-Frank Litigation
SEC Initiates Enforcement Action for Failure to Present GAAP with Equal or Greater Prominence
Litigation, Public Companies and Securities The SEC brought a settled enforcement action against ADT Inc. because it did not afford equal or greater prominence to comparable GAAP financial measures in two of its earnings releases containing non-GAAP financial measures – ADT’s Q4 2017 and Fiscal Year 2017 Earnings Release dated and furnished to the Commission on March 15, 2018 (the […] Read more →
SEC Brings Enforcement Action for Failure to Verify Accredited Investor Status
Litigation, Public Companies and Securities CoinAlpha Advisors LLC was formed for the purpose of investing in digital assets. From October 2017 through May 2018 CoinAlpha raised approximately $600,000 from 22 investors,... Read more →
Court Refuses to Issue Preliminary Injunction to Halt Initial Coin Offering
Litigation, Public Companies and Securities, Uncategorized In SEC v. Blockvest, LLC, the United States District Court for the Southern District of California examined the SEC’s argument for a preliminary injunction halting an initial... Read more →
SEC Tells How to Fix the Faulty Initial Coin Offering
Litigation, Public Companies and Securities The SEC simultaneously announced a pair of settled enforcement actions related to illegally offered ICOs with extensive remedial provisions to fix the faulty offerings. You can... Read more →