Daily Archives: October 22, 2016, 12:05 pm

SEC Charges Board Member With Insider Trading During and After Board Meeting

The SEC alleges that James C. Cope obtained more than $56,000 in ill-gotten gains by purchasing securities in Pinnacle’s acquisition target, Avenue Financial Holdings, prior to the banks’ joint public announcement later that month.  According to the SEC’s complaint, Cope learned confidential details about the planned merger during a board executive committee meeting on Jan. 5, 2016, and proceeded to…

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FCPA Chief Touts Record High Enforcement Actions – Links Avoiding a Monitor to Early Remediation of FCPA Issues – Lexology

Appearing before the annual Securities Docket Conference in Washington, DC on October 13, Kara Novaco Brockmeyer, the Chief of the Securities and Exchange Commission’s FCPA Unit, laid out the Commission’s FCPA enforcement priorities, including insight on how to avoid an SEC-imposed monitor. via FCPA Chief Touts Record High Enforcement Actions – Links Avoiding a Monitor to Early Remediation of FCPA…

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These Two Law Firms Made $1 Billion From Mortgage-Crisis Litigation – Law Blog – WSJ

Newly disclosed information from a federal government agency gives an intriguing look at two law firms that scored big from the financial crisis. According to the disclosure from the National Credit Union Administration, more than $1 billion in contingency fees were paid to Washington, D.C., trial and appellate firm Kellogg, Huber, Hansen, Todd, Evans & Figel and to Chicago and…

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