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Web Watch: Best Blog Posts and Columns For the Week Ending July 3
Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”): LUCIUS T. OUTLAW III, MAYER BROWN (July 1, 2009): Texas Federal Court Widens Door to Internal Investigation Materials The court’s reasoning that the concern for possible impending litigation must be the “primary motivation” of an internal investigation for […]
New Opportunities for SEC Bounty Hunters
In SEC Inspector General H. David Kotz’s July 1, 2009 letter to Congressman Paul E. Kanjorski previewing his office’s recommendations for modifying the federal securities laws based on its ongoing investigation into the SEC’s efforts in the Madoff case, Kotz suggests expanding the SEC’s bounty program. Specifically, Kotz recommends that Congress authorize bounties for information […]
Lorin Reisner to Join SEC’s Division of Enforcement as Deputy Director
Lorin L. Reisner will join the SEC’s Division of Enforcement as Deputy Director. The SEC announced yesterday that Reisner, a former federal prosecutor and current litigation partner at Debevoise & Plimpton LLP, will join the agency in early August. Reisner has been a litigation partner at Debevoise since 1996. He previously served as an Assistant […]
Securities Docket A.M. News Wire for July 3, 2009
Merkin Says His Clients Knew About His Madoff Investments. http://bit.ly/15qKYd # Siemens Settles With World Bank on Bribes. http://bit.ly/AkHPR # Judge in Pang Case Rules in Favor of SEC, Continues Asset Freeze. http://bit.ly/pFbj9 # Madoff Kickbacks Alleged in Austria. http://bit.ly/VfRv3 # Japan FSA Appoints Katsunori Mikuniya As New Chief. http://bit.ly/139Ek9 # Judge in SEC case […]
Guest Column: Justice Sandra Day O’Connor’s Involvement in the Flowserve Decision May Bode Well for Securities Plaintiffs
Re-posted for those who did not catch it over the holiday weekend:
Guest columnist Justin N. Saif of law firm Berman DeValerio writes that a recent Fifth Circuit opinion that revived a securities class action and included language strongly supportive of securities plaintiffs is attracting plenty of attention, not least because retired Supreme Court Justice Sandra Day O’Connor sat on the panel.
Thank You to Our Sponsors: Alvarez & Marsal, BDO Consulting and FAILSAFE CPA
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