Back in July 2008, we discussed an emerging tactic in the defense of SEC enforcement actions: settling the case against you in all respects except for the issue of the SEC’s demand for an officer and director bar, and litigating the bar issue. A case decided yesterday shows that not all defendants adopting this strategy will be successful in avoiding an O&D bar. Full details are avilable in this post on my Enforcement Action blog over at Compliance Week.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn