‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn
You are browsing the site archives by date.
By Securities Docket on March 27, 2009, 2:53 pm
The U.K.’s Serious Fraud Office, which is investigating the Bernard Madoff Ponzi scheme, reportedly believes that Madoff’s U.K. operations “played a significant role in the operation” of Madoff’s scheme. The WSJ reports that the SFO expects to start filing charges within months. The SFO also indicated that Madoff’s wife, Ruth Madoff, received two million dollars […]
By Securities Docket on March 27, 2009, 2:39 pm
Former U.S. attorney John Wood has joined law firm Hughes Hubbard & Reed as a partner in the firm’s Washington, D.C. office. The firm announced that Wood has joined its White-Collar Criminal and International Anti-Corruption Practices. For the past two years, Mr. Wood has served as the U.S. Attorney for the Western District of Missouri. […]
By Securities Docket on March 27, 2009, 6:54 am
In Sweden, charges were filed on Friday against six men in what is believed to be the largest insider trading scandal in Swedish history. The Local reports that the six men are alleged to have made profits of approximately 130 million kronor ($16.3 million) through illegal insider trading. Prosecutor Stig Åström of the Swedish Economic […]
By Securities Docket on March 26, 2009, 11:59 pm
Today’s Webcast (3/26): Materials Available Here for “Examining the Bankruptcy Trustee’s Controversial ‘Clawback’ Tool.” http://is.gd/p6u9 # Michael Chertoff Joins Covington & Burling in Washington, D.C. http://is.gd/p4w9 # Today’s Webcast (March 26): Examining the Bankruptcy Trustee’s Controversial “Clawback” Tool. http://is.gd/p3KP # Dreier Trustee Recovers $100 Million in Assets, Including $18 Million Yacht. http://tinyurl.com/dx333x # Livent: “Canada’s […]
By Securities Docket on March 26, 2009, 3:34 pm
The slides used in today’s webcast (“Examining the Bankruptcy Trustee’s Controversial ‘Clawback’ Tool”) are now available and can be obtained here. In addition, the archived version of the webcast is now available.
By Securities Docket on March 26, 2009, 1:28 pm
The presentation materials for today’s webcast sponsored entitled “Examining the Bankruptcy Trustee’s Controversial ‘Clawback’ Tool” are now available here.
By Securities Docket on March 26, 2009, 11:17 am
As we just discussed here, the extraordinary resume of Michael Chertoff, Covington & Burling’s newest D.C. partner, includes the following: graduated magna cum laude from Harvard Law School clerked for former U.S. Supreme Court Justice William Brennan, Jr. served as an assistant U.S. attorney in the SDNY under Rudolph Giuliani served as the U.S. Attorney […]
By Securities Docket on March 26, 2009, 10:31 am
Michael Chertoff has joined law firm Covington & Burling as a partner in its Washington, D.C. office. The AmLaw Daily reports that Chertoff started with Covington in its white-collar defense and investigations practice group earlier this week. In his extraordinary legal career to date, the AmLaw Daily reports, Chertoff has: graduated magna cum laude from […]
By Securities Docket on March 26, 2009, 9:17 am
Please join us today at 2 pm Eastern for a webcast that will look at the bankruptcy “clawback” in detail. Among other things, we’ll discuss the law and precedent on when clawbacks are appropriate, how the trustee in the Madoff case and other cases such as Stanford and Westgate may apply the clawback provision, and how clawbacks can be fought off in certain situations. We’ll also address related economic and policy issues such as tax loss, damages, and perceptions of equity.
By Securities Docket on March 26, 2009, 6:51 am
An Ontario judge ruled yesterday that Livent Inc. co-founders Garth Drabinsky and Myron Gottlieb were guilty of fraud and forgery for manipulating the financial statements of Livent in the 1990s. The verdict, which came after an 11 year prosecution by the Crown attorneys, has sparked debate in Canada over the sufficiency and effectiveness of that […]