‘Enforcement 40’ for 2020
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By Securities Docket on January 7, 2013, 7:50 am
Get caught up with the Securities Docket News Wire for January 4, 2013.
By Securities Docket on January 7, 2013, 7:46 am
With Congress so worried about the national budget these days, maybe it should take fiscal tips from the U.S. Department of Justice. Federal enforcers obtained a whopping $9 billion in corporate settlements in 2012—a record amount that surpassed the previous high set in 2006 by nearly $3 billion. via DOJ Got a Record $9B in […]
By Securities Docket on January 7, 2013, 7:44 am
The judge, P. Kevin Castel, voiced clear reservations about the $20 million settlement in a ruling on Friday, concluding that fees requested by the lawyers for the two funds could consume “some, most or all” of the money. The deal was reached last spring, months before two other pension funds in a separate lawsuit negotiated […]