LexisNexis® Legal Newsroom
Francine McKenna
Put Your Money Where Your Money Is: The Auditors and the US Midterm Elections

It looks like Ernst & Young finally booked a winner. Ernst & Young, the global accounting firm, hosted a fund-raising breakfast late last month for Representative Dave Camp that drew so many donors the firm's lobbyists had to pull extra...

Arina Shulga
Seed Round of Raising Capital: What Terms are Customary?

I am certain that any business owner looking to raise capital by issuing equity securities to investors wants to have a good idea of what terms/privileges would the investors be looking for in exchange for investing in the company. How can a business...

Thomas O. Gorman
Are More Rules Necessary?

The SEC approved new rules proposed by the exchanges and FINRA to ensure that market makers make real, meaningful quotes . In September the SEC proposed rules governing short term borrowings to address what many call "window dressing." The...

Kevin M. LaCroix
Does D&O Insurance Undermine the Deterrence Effect of Securities Litigation?

All too often, the securities class action litigation process seems like a complicated and costly mechanism for transferring large amounts of money to the lawyers involved but only small amounts to the aggrieved investors, all at the expense of the...

Doug Cornelius
Disciplinary Actions Against Chief Compliance Officers

The Chief Compliance Officer should be a model for employee conduct. I don't thing there is any better way to lead and educate than to set an example. Not all Chief Compliance Officers succeed in this role and some get subject to discipline...

Gary Larkin
Could SEC Whistleblower Bounty Program Harm Internal Compliance?

Although nearly everyone - including the five SEC commissioners - agrees that corporate whistleblowers are the best source for detecting corporate fraud, there is trepidation about the proposed whistleblower bounty program under the Dodd-Frank Act...