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The intellectual jousting match between Grundfest and Pritchard is no longer just academic. Any day now, in the case Halliburton Co v. Erica P. John Fund, the Supreme Court will decide the future of securities fraud class actions, litigation that has generated more than $80 billion in settlements and untold billions more in legal fees. […]
In his keynote address this week at Compliance Week 2014, SEC Enforcement Director Andrew Ceresney offered updates on four recently-created Enforcement task forces that focus on “areas of growing concern.” via SEC’s Ceresney Discusses Work of Enforcement Task Forces in ‘Areas of Growing Concern’ – Compliance Week.
Get caught up with the Securities Docket News Wire for May 22, 2014.