Daily Archives: December 5, 2008, 11:59 pm

Securities Docket News Wire for Dec. 5, 2008

Wachtell weighs in on NY court’s rejection of shareholder challenge to JPMorgan rescue of Bear Stearns. http://is.gd/anyL # SEC adds “Restacking Project” to its long list of challenges. Reshuffling 1900 employee offices in its DC HQ building. http://is.gd/alSS # Poor drafting of India’s new Insider Trading Regs may mean no penalties for violating bar on in-and-out trading by execs. http://is.gd/alFM…

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Web Watch: Best Blog Posts and Columns For the Week Ending Dec. 4

Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”): The HLS CORP. GOV. BLOG (DEC. 5, 2008): New York Court Rejects Shareholder Challenge to JPMorgan Rescue of Bear Stearns Wachtell lawyers write that the decision is a strong endorsement of the protections that the business judgment rule affords to directors faced with…

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The SEC Weighs in on the First Circuit’s Decision in Tambone Case

As previously discussed here briefly, on December 3, 2008, the First Circuit reversed the District of Massachusetts’ dismissal of an SEC enforcement action against two former executives of Columbia Funds.  I discuss the case in greater detail in this post (click here) on my Enforcement Action blog over at Compliance Week. Read the SEC’s Litigation Release Read the First Circuit’s…

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Thank You to Our Sponsors

Thank you to Securities Docket sponsors Citizens Bank, Administar Services Group LLC, and our newest sponsor, Alvarez & Marsal. Interested in becoming a Securities Docket sponsor? Click here. Citizens Bank is the only bank in the country with a specialized group for class action and regulatory settlements, serving law firms, regulators and claims administrators. Administar Services Group LLC, a Computershare…

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