By Securities Docket on October 18, 2008, 1:05 pm
We’re not sure how long this Bingham McCutchen ad seen over the weekend in the WSJ has been running, but it seems like a pretty accurate sign of the times:
Posted in SD Insider | Tagged Advertisements
By Securities Docket on October 18, 2008, 12:13 pm
Joe Russoniello, U.S. Attorney for the Northern District of California and Marc Fagel, Regional Director of the Commission’s San Francisco Regional Office, state that their offices are winding down efforts on the options backdating issue, the Mercury News reports. Fagel stated that the SEC did “find multiple instances of what we believe to be fraudulent […]
Posted in SEC | Tagged Features, Options Backdating
By Securities Docket on October 18, 2008, 9:07 am
On Thursday, the Eighth Circuit affirmed the dismissal of the securities class action against Centene and certain executives. Plaintiffs alleged, among other things, that a strong inference of scienter was demonstrated by two executives’ stock sales in April 2006. The lower court rejected this theory and the Eighth Circuit affirmed, holding that the sale of […]
Posted in Class Actions | Tagged Appellate, Trading Plans