Recent Posts

Littler Mendelson Reports Uptick In Whistleblower Matters And Formalizes Practice Group
Posted on 27 Sep 2011 by LexisNexis Litigation Resource Community Staff

BOSTON - Littler Mendelson P.C. , the nation's largest employment and labor law firm representing management, reports a 25 percent increase in the number of whistleblower and retaliation claims the firm has handled between 2009 and 2011 as a result... Read More

Derrick D. Cephas Joins Weil To Lead Financial Institutions Regulatory Group
Posted on 5 Jul 2011 by LexisNexis Litigation Resource Community Staff

NEW YORK - International law firm Weil, Gotshal & Manges has announced that Derrick D. Cephas has joined the New York office to lead the Financial Institutions Regulatory practice group. Cephas joins Weil from Amalgamated Bank, where he served as... Read More

Gibson Dunn Forms Team To Counsel Clients On New Whistleblower Regulations
Posted on 9 Jun 2011 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - Gibson, Dunn & Crutcher LLP has formed a multidisciplinary Whistleblower Team to offer experienced, comprehensive counsel on the full range of issues that arise under the Securities and Exchange Commission's (SEC) final whistleblower... Read More

Lawsuits Following In The Wake of 'Say On Pay' Resolutions
Posted on 29 Apr 2011 by Kevin M. LaCroix

One of the many changes introduced by the Dodd-Frank Act was the requirement for a shareholder vote to approve executive compensation. Under the Act's provisions, the vote is not binding on the company or its board, but is purely advisory. Nevertheless... Read More

Thomas O. Gorman On This Week In Securities Litigation (May 27, 2011)
Posted on 28 May 2011 by Thomas O. Gorman

The Commission issued it controversial new Dodd-Frank whistleblower rules by a 3 to 2 vote this week. Many critics claim the rules will undermine corporate compliance programs. Insider trading is the key theme this week. Insider trading on Capitol... Read More

The Week In Securities Litigation: SEC Continues Implementing Dodd-Frank
Posted on 24 Jun 2011 by Thomas O. Gorman

The SEC continued implementing Dodd-Frank this week. New rules were issued regarding hedge fund registration and exemptions. SEC enforcement resolved two significant market crisis cases this week. In one the agency filed a settled action against J... Read More

Ohio Federal Judge Denies Motion To Dismiss Shareholder 'Say On Pay' Lawsuit
Posted on 23 Sep 2011 by Kevin M. LaCroix

Only small a small number of companies experienced a negative "say on pay" vote this past proxy season, but many of the companies that did found themselves hit with a shareholder lawsuit in the wake of the negative vote. Cincinnati Bell is one... Read More

The Week In Securities Litigation: Insider Trading, Dodd-Frank Asset Valuations, Old Scandals Dominate
Posted on 20 Jan 2012 by Thomas O. Gorman

Insider trading, implementing Dodd-Frank, asset valuations and old scandals dominated the securities enforcement litigation this week. The U.S. Attorney's Office in Manhattan and the SEC brought more high profile insider trading cases focused on the... Read More

Thomas O. Gorman On This Week In Securities Litigation - April 29
Posted on 29 Apr 2011 by Thomas O. Gorman

As the jury considers the fate of Raja Rajaratnam in the largest insider trading case brought in years, the Commission continued to implement Dodd-Frank, issuing more proposed rules. The Supreme Court heard oral argument this week in a case which may... Read More

Word Of The Year For Securities Litigation: 'Whistleblower'
Posted on 24 May 2011 by Kevin M. LaCroix

A number of different organizations generate annual publicity for themselves by designating a word (or words) of the year . We are not yet half way through 2011 but I am already prepared to propose my own candidate for this year's word of the year... Read More

The Week In Securities Litigation: 2 High Profile Enforcement Insider Trading Cases In The News
Posted on 9 Mar 2013 by Thomas O. Gorman

In Congress this week, a bipartisan bill was introduced to roll back part of the Dodd-Frank legislation related to swaps. It would expanded the swaps trading permitted by federally insured banks. Two high profile enforcement insider trading actions were... Read More

Securities Class Action Litigation Follows LIBOR Scandal
Posted on 23 Jul 2012 by Kevin M. LaCroix

At the PLUS D&O Symposium in New York this past March, I participated on a panel entitled, "Financial Institutions Underwriting: Is it Safe to Come Out Yet?" The implication of the panel topic was that perhaps with the passage of the credit... Read More

The Week in Securities Litigation: White Testifies At Confirmation Hearing, SEC Brings Another Action
Posted on 18 Mar 2013 by Thomas O. Gorman

Mary Jo White, selected by the President as the next Chairman of the SEC, testified in her confirmation hearings before a Senate Committee {last] week. Ms. White promised the Committee that under her the agency would complete rule making for Dodd-Frank... Read More

DLA Piper: Expect Greater SEC Scrutiny Of Activist Hedge Funds That Share Information Or Collaborate In Advance Of Their Trades
Posted on 21 Apr 2014 by DLA Piper

By Perrie Michael Weiner and Patrick Hunnius A recent Wall Street Journal article – “Activist Investors Often Leak Their Plans to a Favored Few” – focused attention on “activist” investors and stock analysts who... Read More

Federal Reserve Board Approves Debit Card Interchange Rules
Posted on 30 Jun 2011 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The Federal Reserve Board on June 29 approved a final rule establishing standards for debit card interchange fees and prohibiting network exclusivity arrangements and routing restrictions as required by the Dodd-Frank... Read More