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 Litigation

SEC Settles Clawback Claim With Beazer Homes CEO

Employment, Executive Compensation, Litigation, Public Companies and Securities The SEC has announced a settlement with the chief executive officer of an Atlanta-based homebuilder to recover several million dollars in bonus compensation and stock profits that he received while the company was committing accounting fraud. According to the SEC’s complaint filed in federal court in Atlanta, CEO Ian J. McCarthy previously failed to reimburse […] Read more →

by   |   March 3, 2011

Court Holds Dodd-Frank Ban on Arbitration of Whistleblower Claims is Retroactive

Employment, Litigation, Uncategorized In Pezza v. Investors Capital Corp., (D. Mass. Civ. Ac. No. 10-10113-DPW), the plaintiff claimed he was wrongfully retaliated against, in violation of the Sarbanes-Oxley Act,... Read more →

by   |   March 3, 2011

First Public Company Receives Benefit of SEC Cooperation Policy—Implications for Whistleblower Claims

Banking, Broker-Dealer, Employment, Insurance, Litigation, Public Companies and Securities The first public company received credit for its cooperation as a result of the SEC’s policy with respect to cooperation in investigations and enforcement actions announced in... Read more →

by   |   December 20, 2010

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SEC Seeks Public Comment Regarding Private Rights of Action for Transnational Securities Fraud

Litigation, Public Companies and Securities In Morrison v. National Australia Bank, the Supreme Court limited the extraterritorial scope of  Section 10(b) of the Securities and Exchange Act of 1934 by holding that the... Read more →

by   |   November 17, 2010