01/31/2012 07:00:00 PM EST
Court Challenges SEC Practice of Settling Cases without Defendants Admitting or Denying Allegations
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Securities Articles on Martindale.com
On November 28, 2011, Judge Jed S. Rakoff of the United States District Court for the Southern District of New York issued an order rejecting the proposed $285 million settlement of the Securities and Exchange Commission’s (“SEC”) lawsuit
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