Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”):
- SCOTUSBLOG (March 27, 2009): Argument Recap: Yeager v. US
At Monday’s oral argument in Yeager v. United States, the Supreme Ct. wrestled with claims of double jeopardy by a former Enron VP. - THE RACE TO THE BOTTOM (March 26, 2009): Nacchio and the Supreme Court: The Cert Petition (Strategy)
We at this Blog are no experts on cert petitions and Nacchio’s counsel is. Nonetheless, we question some of the strategy. - NATHAN KOPPEL, WSJ (March 26, 2009): Some Shareholder Plaintiffs Have Little at Stake
Some shareholders either have unusually rotten luck, or they are little more than pawns for lawyers in search of big settlements. - HOLLAND & HART SECURITIES BLOG (March 25, 2009): Spike in SEC Emergency Civil Actions
Since the first of the year, the SEC has already sought and obtained at least fourteen temporary restraining orders (TROs) in actions filed in U.S. District Courts nationwide, compared to only two such actions filed during the same period in 2008. - FOOTNOTED.ORG (March 24, 2009): Fake Warren Buffett…
First, there was Fake Steve Jobs, then the folks at Newsgroper came along with a site devoted to fake blogs from people like Ann Coulter, the Pope and Warren Buffett. Now, judging by this SEC press release, real life is imitating Internet life. - THE FCPA BLOG (March 24, 2009): Unfinished Business
Updates on some of the 50 or so disclosed and pending FCPA investigations. - SEC ACTIONS (March 24, 2009): The High Price of Vindication
The price for vindication can be high — it is doubtful that even winning at trial is enough to overcome the stigma of being accused of wrongful conduct by the SEC or the Department of Justice. - QUINN FORENSICS BLOG (March 23, 2009): Is “self-reporting” worth it when faced with a SEC enforcement action?
On the dilemma faced by a corporation when it uncovers illegal or corrupt behavior: should it inform on itself to the SEC or should it take the chance that the SEC will never find out about its actions? - MARISA MCQUILKEN, LEGAL TIMES (March 23, 2009): Veteran SEC Counsel Stays Calm in Crisis
When the enormity of her job finally sunk in after taking over in January, the SEC’s Mary Schapiro called David Becker, a longtime friend. When Becker accepted the GC job, “I felt like I could breathe again,” Schapiro says. - NPR PODCAST (March 22, 2009): Is White Collar Crime Untouchable?
Peter Henning talks with host Liane Hansen about legal strategies surrounding the recent financial scandals. - RE: BALANCE (March 22, 2009): Survival of the Large Accounting Firms — You Wanna Bet?
How confident are you in what you think you know? How certain that the facts underlying your belief are fixed and unchanging?
