Litigation

Recent Posts

The Week in Securities Litigation: Jury Begins Deliberations In Stanford Ponzi Scheme Case, SEC Announces 2 Partial Settlements
Posted on 2 Mar 2012 by Thomas O. Gorman

This week the jury began deliberations in the Robert Allen Stanford Ponzi scheme case without hearing from Mr. Stanford despite promises to the contrary from defense counsel at the beginning of the trial. Granger announced an SEC FCPA probe centered on... Read More

Thomas O. Gorman On This Week in Securities Litigation -May 13, 2011
Posted on 13 May 2011 by Thomas O. Gorman

The war on insider trading by the Manhattan U.S. Attorney was propelled forward this week with the conviction of Galleon hedge fund founder Raj Rajaratnam on all fourteen counts. At the same time another defendant in the expert network investigation pleaded... Read More

This Week in Securities Litigation: Gupta Action, FCPA Enforcement, SEC Enforcement
Posted on 16 Jul 2011 by Thomas O. Gorman

This week the SEC lost its bid to dismiss an action brought by former Goldman Sachs director Rajat Gupta arising out of its insider trading case brought as an administrative proceeding against him. The GAO issued reports on the revolving door at the Commission... Read More