Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInNovember 2008
You are browsing the archive for November 2008.
SEC Completes Investigation Into Jabil Circuit, Will Not Recommend Enforcement Action
Jabil Circuit, Inc. announced today that the staff of the SEC notified it that the Division of Enforcement had completed an investigation of Jabil’s historical stock option grant practices, and did not intend to recommend that the SEC take any enforcement action. Jabil stated that the SEC’s inquiry dated back to May 2006. Read the [...]
London Office of Cohen Milstein May Rejoin With Hausfeld’s New Firm
The London office of Cohen Milstein Hausfeld & Toll is in discussions to join up again with Michael Hausfeld and his new firm, Hausfeld LLP, in the UK. The Lawyer reports that Hausfeld, who was, in his words, “expelled” from Cohen Milstein Hausfeld & Toll earlier this month, “has already poached around 30 partners from [...]
Kevin Toner Joins Patton Boggs in New York Office
Kevin J. Toner has joined Patton Boggs as a partner in its New York office. The firm announced today that Toner, most recently a partner at Heller Ehrman, will focus his practice on complex commercial disputes, antitrust and securities litigation, corporate governance and alternative dispute resolution. According to the Patton Boggs’ website, Toner’s experience includes [...]
SEC Says Massive FCPA Cases Coming in Next Two to Six Months
At an SEC presentation in Washington, DC yesterday, Scott Friestad, the SEC’s Deputy Director for the Enforcement Division, told lawyers that the SEC expects FCPA penalties coming in the next two to six months to be of unprecedented amounts. “The dollar amounts in the cases that will be coming within the next short while will [...]
Re-Connecting with Corp Law Blog and Mike O’Sullivan
In 2003, when even the word “blog” was unknown to most people, a lawyer named Mike O’Sullivan of Munger, Tolles & Olson began writing a blog he called “Corp Law Blog.” For those who practiced law in 2003 and were Internet-savvy, no further introduction to O’Sullivan and Corp Law Blog is necessary because you are already [...]
Securities Docket News Wire for Nov. 24, 2008
Skadden Heads List of Top 50 Litigation Practices by Revenue ($901 million). http://is.gd/8QZ5 # Video: “A Discussion about Fraud and Bankruptcy,” from Deloitte. http://tinyurl.com/6n3tuw # Deloitte: Bankrupt Companies Three Times More Likely to be Subject of SEC Enforcement Action (w/report). http://tinyurl.com/5q24e8 # SEC’s Linda Thomsen: SEC has critical role to play in rebuilding the confidence [...]
SEC Deputy Chief of Staff Alexander Cohen Returning to Private Sector
The SEC announced today that Alexander F. Cohen, Deputy Chief of Staff and former Deputy General Counsel, will leave the agency on December 18 to return to the private sector. Mr. Cohen joined the SEC staff in 2006 as Deputy General Counsel for Legal Policy and Administrative Practice, and joined the Chairman’s office in May [...]
Skadden Heads List of Top 50 Litigation Practices by Revenue
The Lawyer has released its rankings of the 50 largest litigation practices at the leading US and UK-headquartered firms. The rankings measure litigation revenue overall, as well as Revenue Per Lawyer and Revenue Per Partner. Skadden Arps Slate Meagher & Flom tops the table for overall revenue from litigation (litigation, arbitration and disputes), generating more [...]
China: Securities Enforcement Hotbed!
What in the name of the Birds’ Nest is going on in China? After 500+ posts on Securities Docket we’d never once had a “China” story, until today. First, as discussed here earlier, the “richest person in China” is reportedly detained and questioned by police for alleged stock manipulation. Now, on the same day, we [...]
Video: Deloitte’s “A Discussion About Fraud and Bankruptcy”
Deloitte’s video entitled “A Discussion About Fraud and Bankruptcy” that accompanied the report discussed here earlier finding that bankrupt companies are three times more likely to be the subject of an SEC Enforcement action.