‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn
You are browsing the site archives by date.
By Securities Docket on December 18, 2015, 12:25 pm
I joked here earlier this month that perhaps “professional courtesy” might spare publicly traded law firm Slater & Gordon — a major player in pursuing cases for plaintiffs in Australian securities class actions — from ending up on the receiving end of a shareholder class action. Alas, that is looking less and less likely and the sharks […]
Posted in Class Actions, Global, Industry, Top | Tagged Australia, Lawyers
By Securities Docket on December 18, 2015, 10:11 am
Still, I can’t shake my sense of amazement that Shkreli seems to have gambled on redemption and won. If you believe the allegations in today’s indictment, he lost (or stole) all of his investors’ money, then lied to them to string them along, Ponzied it up by raising new money to keep them happy, and then finally […]
By Securities Docket on December 18, 2015, 9:52 am
It’s unusual for a lawyer to get indicted along with his client. But the key thing here is Shkreli wasn’t Greebel’s client. Greebel was lead outside counsel for Retrophin, the pharma company where Shkreli was chief executive from 2012 to 2014. He is accused of crossing the line by papering deals that benefited Shkreli at […]
By Securities Docket on December 18, 2015, 9:51 am
Overstock.com Inc. has a plan to refashion how companies go public and dole out shares in secondary offerings. The online discounter moved a step closer when its strategy of using bitcoin-based technology won permission last week from the top U.S. securities regulator. via Overstock Wins SEC’s Nod To Upend How Companies Issue Shares – Bloomberg […]
By Securities Docket on December 18, 2015, 8:55 am
Get caught up with the Securities Docket News Wire for December 17, 2015.