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Thank you to Securities Docket sponsor Citizens Bank. Citizens is the only bank in the country with a specialized group for class action and regulatory settlements, serving law firms, regulators and claims administrators. Interested in becoming a Securities Docket sponsor? Click on the “Sponsorship Information” link at the top of the page to learn more […]
The SEC announced today that it has filed a motion in its case against Adelphia Communications Corp. seeking an order authorizing the distribution of $95 million plus accrued interest (the “SEC Fund”). The SEC Fund is currently being held in the court’s registry pursuant to the procedures adopted by the DOJ with respect to the […]
Interesting quote from former SEC Chairman Harvey Pitt: “Chris Cox is facing a nightmare. I thought I was facing a nightmare when I was chairman during the Sept. 11 attacks; that was a walk in the park compared to what Chris is facing now.” The quote is part of a post by Compliance Week Editor […]
David Wilson has joined Thompson Hine as a partner in its Washington, DC office, the firm announced yesterday. Mr. Wilson joins the firm’s Business Litigation and Competition, Antitrust and White-Collar Crime practice groups. He was formerly a partner with Wilmer Cutler, where he worked for 19 years, according to the Legal Times. Mr. Wilson focuses […]
Matthew Larrabee, the former chairman of now-dissolved Heller Ehrman, is joining Dechert in its San Francisco office, the firm announced today in a press release. Larrabee will join Dechert’s litigation group, and will practice in the areas of white collar criminal defense and and securities litigation.
On October 24, the US District Court for the Southern District of Florida certified a class in the securities litigation against MRT Holdings. The class certified consists of an estimated 600-1,200 investors and is defined as “all purchasers of investment contracts with MRT, LLC or MRT Holdings, LLC who purchased said investment contracts from March […]
On October 29, the U.S. Chamber Institute for Legal Reform (ILR) presented its 2008 Legal Reform Award for Outstanding Research to Professor Michael Perino of St. John’s University School of Law. Prof. Perino was honored for his work in the areas of securities regulation, securities fraud, and class action litigation. Prof. Perino was the author […]