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Web Watch: Best Blog Posts and Columns For the Week Ending May 22. http://bit.ly/162sj4 # Fox Business News Video: Law Firm Discovers Ruth Madoff’s Computer Hard Drive. http://bit.ly/J4MRE # Public Now Views SEC More Unfavorably than IRS. http://bit.ly/2bc6U # 15 People All Securities and Corporate Litigators Should Follow on Twitter. http://bit.ly/19buwB # China cracks down [...]
Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”): HARVARD LAW SCHOOL FORUM ON CORP GOV (May 22, 2009): Securities Litigation and the Housing Market Downturn The issue of when the housing market downturn was foreseen by the market is legally central to much of the securities [...]
In this video, Fox Business News’ Adam Shapiro updates the latest in his Madoff reporting, including a discussion with the lawyer who discovered Ruth Madoff’s work computer hard drive and Fox’s upcoming documentary.
A recently conducted survey confirms that the Securities and Exchange Commission is now viewed unfavorably by a remarkable 55% of respondents. To put this into some context, the percentage of unfavorable opinions of the SEC exceeded even that of the Internal Revenue Service!
Ralph Caccia has joined law firm Akerman Senterfitt as a Shareholder in its Washington, D.C. office. The firm announced yesterday that Caccia has joined its White Collar Crime and Government Investigations Practice as Co-Chairman. His practices focuses on the defense of corporations and business executives in criminal, civil and congressional investigations involving allegations of health [...]
We’ve been talking about Twitter here for a while now, going back to late 2008. For most of that time, the response from 90% of you has been “Umm… what??” But with Oprah, Ashton Kutcher and Shaq now bringing Twitter into the mainstream, or at least close to it, I think that Twitter may be reaching the “tipping point” — even in the slow-moving world of law. Here are our 15 People All Securities and Corporate Litigators Should Follow on Twitter.
China Cracks Down on Insider Trading; Scrushy Sticks to Testimony He Knew Nothing of Fraud; Shareholders in Japan’s Livedoor win damages; Five Years Later, Investors in Strong Funds Still Waiting for Distribution from SEC; Japan May Fine Accountant for Insider Trading; and more.
Thank you to Securities Docket website sponsors Alvarez & Marsal and BDO Consulting. Interested in becoming a Securities Docket sponsor? Click here. For 25 years, Alvarez & Marsal has set the standard for working with organizations to tackle complex issues, boost performance and maximize value for stakeholders. Alvarez & Marsal Dispute Analysis & Forensic Services [...]
The SEC announced today that it has charged Richard Karp with fraud for writing and disseminating a fake press release that, when reported in the media, caused a company’s stock price to spike and allowed him to make thousands of dollars in illicit profits. This marks the [insert your own large number here] time in [...]
In Australia, AWB Ltd is pushing to delay a $60 million shareholder class action because it contends that it will still be sifting through 26,000 pages of documents on the proposed trial date of September 7. AWB told the Federal Court yesterday that shareholders would have to limit their demands for documents if they wanted [...]