April 26 Webcast: Regulators and Emerging Technologies — Key Risk and Regulatory Compliance Considerations on AI, Digital Assets, and What’s Next

April 26 Webcast: Regulators and Emerging Technologies — Key Risk and Regulatory Compliance Considerations on AI, Digital Assets, and What’s Next

March 23, 2023, 1:47 pm
Please join Justin Herring, Erez Liebermann, Luke Tenery and Daron Hartvigsenfor this webcast.
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Mar. 2 Webcast: Navigating the Minefield of Dodd-Frank’s Whistleblower Provisions (2022 Update)

Mar. 2 Webcast: Navigating the Minefield of Dodd-Frank’s Whistleblower Provisions (2022 Update)

January 24, 2023, 3:10 pm
Please join F. Joseph Warin, John W.F. Chesley, Molly Senger, Nicole Lee, Sean X. McKessy and Jim Barratt for this...
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Feb. 8 Webcast — SEC Enforcement: A Look Back at 2022, and What to Expect in 2023

Feb. 8 Webcast — SEC Enforcement: A Look Back at 2022, and What to Expect in 2023

January 19, 2023, 12:31 pm
Please join Bill McLucas, Doug Davison, Marty Wilczynski and Jason Flemmons for this free webcast.
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Crypto: The Wave of the Future or a Giant Ponzi Scheme?

Crypto: The Wave of the Future or a Giant Ponzi Scheme?

February 22, 2022, 11:03 am
Please join Kelsey Hightower, Lee Reiners, Sandra Ro, Anthony Scaramucci, and John Reed Stark for this free webcast.
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Lawyers who sued Tesla board for excess pay want $10,000 an hour | Reuters

By on September 21, 2023, 8:20 am

A legal team that forced Tesla’s directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own. The lawyers want a judge to approve $229 million in fees, or $10,690 an hour, according to a Sept. 8 […]

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SEC Charges California Resident with Multimillion Dollar Ponzi Scheme Targeting Tongan American Community

By on September 21, 2023, 8:13 am

The Securities and Exchange Commission today charged Richmond, California resident Tilila Walker Sumchai with raising approximately $11.8 million from more than 1,000 investors through a fraudulent securities offering targeting members of the Tongan American community across the United States. According to the SEC’s complaint, from approximately January 2021 through October 2021, Sumchai convinced retail investors […]

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U.S. SEC’s Crypto Enforcement Chief Warns Charges Won’t End at Coinbase, Binance

By on September 21, 2023, 8:12 am

The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit. His enforcement office, which has been litigating at a […]

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Justice Department Probe Scrutinizes Elon Musk Perks at Tesla Going Back Years – WSJ

By on September 21, 2023, 8:11 am

Federal prosecutors are scrutinizing personal benefits Tesla may have provided Elon Musk since 2017—longer than previously known—as part of a criminal investigation examining issues including a proposed house for the chief executive. The U.S. Attorney’s Office for the Southern District of New York also has sought information about transactions between Tesla and other entities connected to […]

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Stanford University to return millions in donations from FTX

By on September 21, 2023, 8:09 am

Stanford University reportedly plans to return the millions of dollars it received in charitable contributions from Sam Bankman-Fried’s crypto firm FTX before its spectacular collapse. The alleged fraudster’s parents — Joseph Bankman and Barbara Fried, longtime professors at Stanford Law School — allegedly pushed the crypto exchange and its related entities to donate “more than […]

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The Lawyers Sam Bankman-Fried Once Trusted Are Drawing Criticism – The New York Times

By on September 21, 2023, 8:06 am

The dispute over Sullivan & Cromwell’s relationship with FTX shows the range of powerful institutions that were eager to help Mr. Bankman-Fried during his rapid rise, even as he resisted basic due diligence and eschewed traditional corporate governance. And it offers a preview of a conflict that may unfold at Mr. Bankman-Fried’s trial in Manhattan, […]

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SEC Charges New York Firm Concord Management and Owner with Acting as Unregistered Investment Advisers to Billionaire Former Russian Official

By on September 21, 2023, 7:57 am

The Securities and Exchange Commission today announced charges against Concord Management LLC of Tarrytown, New York, and its owner and principal, Michael Matlin, for operating as unregistered investment advisers to their only client—a wealthy former Russian official widely regarded as having political connections to the Russian Federation. According to the SEC’s complaint, Matlin founded Concord […]

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SEC Charges CBRE, Inc. with Violating Whistleblower Protection Rule

By on September 21, 2023, 7:57 am

The Securities and Exchange Commission today announced settled charges against CBRE, Inc. (CBRE), a Dallas-based commercial real estate services and investment firm and subsidiary of publicly traded CBRE Group, Inc., for using an employee release that violated the SEC’s whistleblower protection rule. According to the SEC’s order, between 2011 and 2022, as a condition of […]

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SEC Charges Lyft with Failure to Disclose Board Member’s Financial Interest in Private Shareholder’s Pre-IPO Stock Transaction

By on September 21, 2023, 7:56 am

The Securities and Exchange Commission today charged Lyft Inc. for failing to disclose a company board director’s role in a shareholder’s sale of approximately $424 million worth of private shares of Lyft’s stock prior to the company’s initial public offering (IPO). According to the SEC’s order, prior to Lyft’s IPO in March 2019, a Lyft […]

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Ex-US congressman sentenced to 22 months for insider trading | Reuters

By on September 21, 2023, 7:55 am

Former U.S. Congressman Stephen Buyer was sentenced to 22 months in prison on Tuesday for trading on inside information he learned in 2018 as a consultant to T-Mobile US Inc ahead of its $23 billion merger with Sprint. U.S. District Judge Richard Berman in New York sentenced Buyer, who was found guilty on four counts […]

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