By Securities Docket on July 17, 2009, 5:24 pm
Here is the weekly summary for Securities Docket’s Web Watch (”This Week’s Best Blog Posts and Columns”):
THE RACE TO THE BOTTOM (July 17, 2009): SEC v. Cuban: Case Dismissed (The Analysis) The trial judge dismissed the Cuban case because the confidentiality agreement alleged to have been executed by Cuban did not inclue a ban on trading. There are several problems with the analysis.
THE D&O DIARY (July 17, 2009): Court Approves Outside Directors’ Massive Settlement in Peregrine Systems Securities Suit A review of six outside directors of Peregrine Systems’ $55.95 million settlement of the claims pending against them in a securities class action.
THE D&O DIARY (July 17, 2009): Madoff: The Insurance Coverage Litigation Arrives Two recent cases demonstrate that the Madoff-related coverage litigation has now arrived. There undoubtedly will be much more to come in the weeks and months ahead.
BREAKINGVIEWS.COM (July 16, 2009): A Post-Mortem Should Precede Any S.E.C. Reform The watchdogs need more money and power. But without an adequate accounting for the S.E.C.’s myriad failures it would be premature for policy makers to adopt such recommendations.
THE FCPA BLOG (July 14, 2009): Knowing What You Don’t Know Prosecutors told the jury during Frederic Bourke’s trial that instead of doing adequate due diligence for his investment in Viktor Kozeny’s Azerbaijan privatization scheme, he’d “stuck his head in the sand.”
HOUSTON’S CLEAR THINKERS (July 13, 2009): A daunting jury verdict for deal lawyers The Collins verdict sends an ominous message to transactional lawyers everywhere. Rest assured that American business, and ultimately all of us, will endure the additional costs that deal lawyers will charge to endure the new risk from government.
GIBSON, DUNN & CRUTCHER (July 13, 2009): The SEC in Transition: A Mid-Year Review of SEC Enforcement in 2009 Reviewing the changes the new SEC leadership has instituted and is considering, the observable impact of the new administration on enforcement activity and significant cases in key areas that reflect the agency’s evolving enforcement program.
Posted in Uncategorized | Tagged Features, Web Watch