LexisNexis® Legal Newsroom
Thomas O. Gorman
A Financial Fraud Action Centered on a Fictitious Customer

The SEC filed an amended complaint, adding Jon Latorella and James Fields as defendants to an action alleging a financial fraud and stock manipulation involving two companies they control. SEC v. LocatePlus Holdings Company , Case No. 1:10-cv-11751...

Skadden, Arps, Slate, Meagher & Flom LLP
The Dodd-Frank Act: Commentary and Insights

Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates has authored a 200-page analysis of the Dodd-Frank Act, which will offered as a LexisNexis Emerging Issues Analysis in the near future. Following is the firm's overview of their commentary...

Skadden, Arps, Slate, Meagher & Flom LLP
The Dodd-Frank Act, Commentary and Insights by Skadden, Arps, Slate, Meagher & Flom LLP & Associates--Chapter1: Orderly Liquidation Authority

Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act, H.R. 4173, 111th Cong. (2010) (the "Dodd-Frank Act" or the "Act"), titled "Orderly Liquidation Authority," creates a new federal receivership process...

Doug Cornelius
Do You Need State Licensing If You’re an SEC Registered Investment Adviser?

With Dodd-Frank 's elimination of the 15 client exemption , thousands ( my guess ) of private fund managers will need to register with the Securities and Exchange Commission as investment advisers to their funds . For alternative investment funds...

Kevin M. LaCroix
Schwab Withdraws from Subprime Securities Suit Settlement

There is a reason that when class action settlements are announced, they are described as preliminary and subject to final approval - sometimes the settlements fall apart before the case is finally put to rest. That appears be what has happened with...

Thomas O. Gorman
For Goldman the ABACUS Deal Just Keeps Coming Back

The ABACUS deal has become the one that just will not go away for Goldman Sachs. First, the deal became the predicate for an SEC enforcement action against the pillar of Wall Street and one of its employees, Fabrice Tourre. That high profile case resolved...