LexisNexis® Legal Newsroom
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 (D. Mass. Nov. 11, 2010) ( previously discussed ...

This Week in Securities Litigation (April 8, 2011)

Prosecutors concluded their case-in-chief in the Galleon insider trading trial this week. SEC enforcement, in conjunction with the U.S. Attorney's Office in New Jersey, brought an insider trading case against an attorney, a former associate of three prominent law firms, and a professional trader...