Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”):
- HARVARD LAW SCHOOL CORP. GOV. BLOG (Feb. 5, 2009): SEC vs. Mark Cuban
Cuban could not have committed insider trading because a confidentiality agreement alone does not create a fiduciary or fiduciary-like duty to act loyally to the source of the information. - THE D&O DIARY (Feb. 5, 2009): Credit Crisis Litigation Wave Enters Third Year
The credit-crisis securities litigation wave, which began with the filing of the first subprime mortgage-related lawsuits in early February 2007, is about to enter its third year, and shows no sign of slowing down. - RE: BALANCE (Feb. 4, 2009): Satyam’s Auditors from PwC Remain in Custody — A Prisoners’ Dilemma for “Indian Justice”
For PwC, auditors of Satyam from 2000 until recently sacked, it is unjust and offensive that its Indian engagement partners should be in confinement for what is now almost two weeks and counting. - GARY WEISS (Feb. 4, 2009): The SEC Still Needs a Seeing-Eye Dog
If the SEC is to stem its slide into oblivion, will it continue to ignore credible evidence of wrongdoing, or will it continue to be a tool of corporate interests and Wall Street? - FCPA BLOG (Feb. 2, 2009): It’s A Start
For once there is good news to report about Japan’s overseas anticorruption enforcement. Last Thursday, a court in Tokyo convicted three former executives and their consulting company for bribery in Vietnam.
