Litigation

Recent Posts

SEC Reaches Settlement With Pennsylvania City Over Federal Securities Law Violations
Posted on 8 May 2013 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The Securities and Exchange Commission and the City of Harrisburg, Pa., have agreed to a cease-and-desist order preventing the city from continuing its violation of federal securities laws in connection with statements... Read More

Securities Litigation This Week: U.S., UK Courts hand Down Sentences For Securities Fraud
Posted on 26 Aug 2011 by Thomas O. Gorman

The price of gold continues to spiral upward this week while the European banking crisis continued. As the crisis has unfolded European regulators took steps to preclude the short sale of shares in financial institutions. At the same time FINRA issued... Read More

U.S. Supreme Court Hears Oral Argument In Market Timing Case
Posted on 10 Jan 2013 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Jan. 8 heard oral arguments in an appeal of a Second Circuit U.S. Court of Appeals ruling allowing the Securities and Exchange Commission to seek penalties against defendants for securities fraud... Read More

Supreme Court To Hear Appeal In Market Timing Case
Posted on 25 Sep 2012 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Sept. 25 agreed to hear an appeal of a Second Circuit U.S. Court of Appeals ruling allowing the Securities and Exchange Commission to seek penalties against defendants for securities fraud for... Read More

The SEC Prevails In Court In Case Involving Unregistered Securities
Posted on 6 May 2011 by Thomas O. Gorman

The Commission has had mixed results in court in recent months. The agency has prevailed in some cases. In others it has lost. Some losses raise troubling questions about the program ( here ). In SEC v. Radical Bunny , LLC, Case No. 2:09-cv-01560... Read More