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Christian Bartholomew joins Jenner & Block from Weil.
MF Global Holdings Ltd. sued its auditor PricewaterhouseCoopers LLP (PwC) for at least $1 billion on March 28, alleging that the Big Four firm’s “erroneous accounting advice” resulted in the brokerage company’s failed investment in billions of dollars of European sovereign debt instruments and contributed to MF Global filing for bankruptcy in 2011. via MF […]
Last night on CBS’ 60 Minutes, Steve Kroft interviewed author Michael Lewis. Lewis’ new book, “Flash Boys,” looks at the subject of high-frequency trading, and presents Lewis’ conclusion that the U.S. stock market is “rigged.” via 60 Minutes: How High-Frequency Traders Have ‘Rigged’ the U.S. Stock Market – Compliance Week
Get caught up with the Securities Docket News Wire for March 30, 2014.
The U.S. Securities and Exchange Commission faces off against wealthy Texas investor Samuel Wyly and the estate of his late brother, Charles, this week in a trial over long-standing accusations that they engaged in a $550 million fraud. Jury selection is set to begin Monday in a federal court in New York in what is […]