Former Comptroller Of The Currency John Dugan Returns To Covington

WASHINGTON, D.C. - Covington & Burling LLP has announced that former Comptroller of the Currency John C. Dugan is rejoining the firm as a partner. Dugan will chair the firm's Financial Institutions Group , and will advise clients on a range of legal matters affected by significantly increased...

The Week In Securities Litigation: Madoff Brother Agrees To Plead Guilty To Criminal Charges

There were news reports this week that Ponzi king Bernard Madoff's brother, Peter, has agreed to plead guilty to criminal charges that will land him in jail for ten years. At the same time the NY AG settled a case against a the operator of Madoff feeder funds, making a significant recovery for investors...

Pillsbury Winthrop: Proxy Season Brings 'Third Wave' Of Shareholder Litigation

The first wave of "say on pay" litigation involved lawsuits brought by shareholders following a negative advisory say on pay vote under the Dodd-Frank Act. The second wave of say on pay litigation , which picked up in 2012, involved plaintiffs' efforts to enjoin upcoming shareholder votes...

SEC Prevails In Lawsuit Challenging Conflict Mineral Rules

The Commission prevailed in a dispute challenging its conflict minerals rules brought by business groups, a seemingly rare event in view of recent rulings against the agency by the D.C. Circuit on such issues. The rules were those enacted under Section 1502 of the Dodd-Frank Act which became Exchange...