Daily Archives: June 18, 2009, 10:01 pm

Thank You to Our Sponsors: Alvarez & Marsal, BDO Consulting and FAILSAFE CPA

Thank you to Securities Docket website sponsors Alvarez & Marsal, BDO Consulting, and FAILSAFE CPA. Interested in becoming a Securities Docket sponsor? Click here. For 25 years, Alvarez & Marsal has set the standard for working with organizations to tackle complex issues, boost performance and maximize value for stakeholders. Alvarez & Marsal Dispute Analysis & Forensic Services (DA&F) professionals provide…

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Report: Madoff and SEC IG Meet for Three Hours at Correctional Center

Bernard Madoff and SEC Inspector General reportedly met for three hours on Wednesday of this week, sources tell CNN.  The meeting reportedly occurred at New York’s Metropolitan Correctional Center, where Madoff is awaiting sentencing on federal fraud charges.  Kotz is investigating the SEC’s failure to take action in stopping the Madoff scheme. Asked about the reported meeting, Kotz stated: “We’ve…

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Supreme Court Rules Former Enron Exec Cannot be Retried for Insider Trading

The U.S. Supreme Court ruled today in a 6-3 decision that former Enron Broadband Services executive F. Scott Yeager cannot be retried for insider trading because such a retrial would violate the Double Jeopardy Clause of the Constitution. As previously discussed here, Yeager, was was acquitted of conspiracy, securities fraud and wire fraud charges after a 13-week trial in 2005,…

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Securities Docket A.M. News Wire for June 18, 2009

Obama plan omits market regulator merger between SEC and CFTC; Clifford Chance’s Kirsch departure heads up month of heavy partner losses in firm’s NY arm; Stanford Receiver Rejects Motion to Disqualify Law Firm of Baker Botts; Ex-Merrill Lynch Execs in Enron Case Can Be Retried; Prosecutors Again Delay Indicting Madoff Accountant; The “Witness Assurance Letter” Challenge; Michigan Announces $109 Million Settlement With E&Y in HealthSouth Class Action; and more.

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