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Securities class action filed against Chesapeake Energy Corporation in the U.S. District Court for the SDNY. http://is.gd/lzg8 #
As discussed in this WSJ video, attorneys for Bernard Madoff are now arguing that his wife’s nearly $70 million worth in assets, including a $7 million apartment, are unrelated to his alleged fraud and may not be seized by the government.
At a meeting last week, SEC Chairman Mary Schapiro pledged to lawmakers that the SEC will do a better job communicating with them. Schapiro reportedly initiated the meeting with Capital Markets Subcommittee Chairman Paul Kanjorski, D-Pa., and Ranking Member Scott Garrett, R-N.J., to talk about improved cooperation between the subcommittee and the SEC following recent […]
James Wooley has joined law firm Jones Day as a partner in its Cleveland office. A former federal prosecutor, Wooley’s practice focuses on cases involving fraud, securities violations and other white-collar crimes. The Cleveland Plain Dealer reports that Wooley has joined the firm’s corporate criminal investigations unit. Wooley was previously with law firm Baker Hostetler […]