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‘Enforcement 40’ for 2020
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Submit Your Guest Column to Securities Docket
Beginning today, Securities Docket is publishing guest columns on topics of interest to our readers. If you would like your article to be seen and read by thousands of securities litigation attorneys, in-house counsel, institutional investors, executives, accountants, consultants, regulators and other professionals throughout the securities litigation industry, Securities Docket is the only place that […]
Former Milberg Weiss Partner Steven Schulman Sentenced to Six Months in Prison
Former Milberg Weiss Bershad & Schulman name partner Steven Schulman was sentenced on Monday to six months in federal prison for his role in a scheme to pay clients to serve as plaintiffs in securities class action lawsuits, Reuters reports. Schulman’s sentencing came on the same day as that of his fellow former name partner, […]
Guest Column: Will Stoneridge Protect “Secondary Actors” in the Current Financial Crisis?
Guest column by Christopher F. Robertson and Erik W. Weibust of the law firm Seyfarth Shaw LLP. Mr. Robertson is a partner and Mr. Weibust is an associate in Seyfarth Shaw’s Securities Litigation Practice Group. With the recent collapse of the financial markets dominating the headlines, the plaintiffs’ bar is well on its way to […]
Former Milberg Weiss Partner David Bershad Sentenced to Six Months in Prison
David Bershad, a former name partner of Milberg Weiss Bershad & Schulman (now known as Milberg), was sentenced today to six months in prison for his role in a kickback scheme that induced clients to file securities suits, the WSJ reports. The firm itself paid a fine of $75 million, former partners Melvyn Weiss and […]
Former AUSA Daniel Wenner Joins Day Pitney
Daniel E. Wenner, former AUSA in the Business and Securities Fraud section of the Eastern District of New York, has joined Day Pitney. Day Pitney announced today that Mr. Wenner is joining the firm’s White Collar Crime & Government Investigations practice. Mr. Wenner also previously served as corporate counsel at Pfizer Inc. Read the […]
Webcast: Minimizing Risks of Violating the U.S. Foreign Corrupt Practices Act
Last week I hosted a webcast for Compliance Week in which Douglas N. Jacobson of the law firm Strasburger & Price delivered a presentation entitled “Minimizing Risks of Violating the U.S. Foreign Corrupt Practices Act.” Mr. Jacobson presented some very current information and had excellent materials, including a slide with the chart below that shows […]
From the Bad Ideas File: “Class Action Killers” Video Game
From the Bad Ideas file: “Class Action Killers is a 3D 3rd-person shooter game. Attorney Max Fees has dispatched his lethal lawyers to destroy the city. You must stop his lawyers and put an end to Max Fees. Be especially careful of the female lawyers as they love to attack from behind. Use your arrow […]
Video: 60 Minutes Digs Deeper into the “Legalized Gambling” of Credit Default Swaps
Three weeks after running its first video on credit default swaps, 60 Minutes has returned to the subject with another in-depth analysis of CDS. Frank Partnoy, a law professor at the University of San Diego, explains the concept of a derivative to 60 Minutes, as basically a “side bet”: Think of it for a moment […]