This Week in Securities Litigation (June 11, 2010)

Dell, Inc. filed a 10-KA late on Thursday reporting that it has revised the financial results previously reported to record a $100 million liability for a potential settlement of an SEC investigation. While the filing did not provide the terms of any settlement, Bloomberg reports that CEO Michael...

This Week in Securities Litigation (June 25, 2010)

The Supreme Court handed down two significant rulings as the week came to a close. In one, it rejected constitutional challenges to the honest services fraud statute which is frequently used in white collar prosecutions. In a second, the High Court rejected the Second Circuit's so-called "foreign...

The Impact Of Cooperation

Cooperation can have a significant impact on the outcome of an enforcement action for the company and its executives. The Seaboard Release in 2001, regarding corporate charging and cooperation principles, for example offers the prospect of no charges or reduced sanctions in exchange for cooperation...

Securities and Exchange Commission Staff Urges More Tailored Derivatives-Related Disclosures by Investment Companies

by Marguerite C. Bateman Late last Friday, the staff of the Securities and Exchange Commission (SEC) issued guidance on disclosures relating to investments in derivatives by investment companies. In a letter to the Investment Company Institute (ICI), the SEC staff shared observations from its ongoing...

Commissioner Aguilar Details Guiding Principles for the SEC

As the SEC continues to implement the Dodd-Frank Act, Commissioner Luis Aguilar outlined five key principles to guide the deliberations and actions of the agency. "An Insider's View of the SEC: Principles to Guide Reform," available here . Principle one : Investor protections should...