Daily Archives: July 2, 2009, 3:45 pm

July 9 Webcast: “2009 Mid-Year Review – Securities Litigation and Enforcement”

On July 9, 2008, Securities Docket will host a webcast entitled, “2009 Mid-Year Review – Securities Litigation and Enforcement.” The webcast, which is part of BrightTalk’s Securities Litigation Summit, will be a follow-up and update to the popular “2008 Year in Review” we presented in January 2009, which was viewed by over 325 of you. We are delighted to once…

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FSA’s New Structure Will Create International Division, Integrate Enforcement and Financial Crime Divisions

The UK’s Financial Services Authority announced today that it will soon implement a new operational structure “designed to better align its internal operating model to its core activities of identifying and mitigating risk, supervision and enforcement.”  FSA stated that the changes will take effect on October 1, 2009, and will incorporate “the lessons learned from the banking crisis, the Northern…

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Securities Docket A.M. News Wire for July 2, 2009

Group of 5 Pension Funds Appointed to Lead Securities Class Action Against Bank of America. http://bit.ly/rcU90 # Judge Names Goodwin Procter Partner David B. Pitofsky Receiver in Madoff Feeder Fund Suit. http://bit.ly/1a8wRN # WaPo: SEC Lawyer Issues Specific Warnings About Madoff’s Firm in 2004. http://bit.ly/PhE79 # Trustee’s Total of Madoff Losses Nears $3 Billion. http://bit.ly/ejk2a # Swedish Exchange Investigates Possible…

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WaPo: SEC Lawyer Issued Specific Warnings About Madoff’s Firm in 2004

Genevievette Walker-Lightfoot, a lawyer in the SEC’s Office of Compliance Inspections and Examinations, warned superiors as far back as 2004 about irregularities at Bernard Madoff’s firm, but she was told to focus on an unrelated matter, the Washington Post reports. The Post reports that Walker-Lightfoot sent e-mails specifically stating that information provided by Madoff during her review didn’t add up…

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