On Capital Hill, the debate
continues regarding financial reform, as CFTC Chairman Gary Gensler continued
to champion new regulation for OTC derivatives. The SEC brought another case in
its on-going investigation regarding kickbacks relating to the New York state
pension fund and another investment...
The New York Attorney General added Martin Act securities
fraud claims and other charges to a whistleblower complaint in taking over a
suit against Bank of New York Mellon. The complaint centers on claims that the
bank made almost $2 billion in revenues by misrepresenting the interbank rates
The number of securities class action lawsuits filed
against life sciences companies rose in both absolute and relative terms in
2012, according to a March 20, 2013 memorandum by David Kotler of the Dechert law form entitled "Survey of
Securities Fraud Class Actions Brought Against U.S. Life...