Daily Archives: January 19, 2017, 5:22 pm

Tom Fox: Three enforcement weeks to remember – The FCPA Blog

Jay Rosen wondered in December if companies would be more inclined to resolve outstanding enforcement actions under the outgoing Obama administration or wait to see what might happen under a Trump administration. The answer is now clear. From December 23rd through this week, DOJ and SEC officials have announced nearly $20 billion in fines and penalties. According to the Financial…

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Ineffective Counsel Claims Fail to Upset Insider-Trading Conviction | New York Law Journal

Southern District Judge Richard Sullivan in U.S. vs. Goffer, 10-cr-00056, turned aside the petition of former lawyer Michael Kimelman, who said he suffered from ineffective assistance of counsel on his appeal in the Galleon Group insider-trading scandal. Kimelman argued that defense lawyer Michael Sommer of Wilson Sonsini Goodrich & Rosati should have raised the same arguments on his appeal that…

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Mary Jo White’s SEC Tenure Ends with Flurry of Enforcement Settlements | Bloomberg BNA

As Mary Jo White’s tenure at the helm of the Securities and Exchange Commission comes to a close, the Commission’s Enforcement Division announced the settlement of a series of actions generating more than $140 million in sanctions over four business days. Companies settled charges ranging from Foreign Corrupt Practices Act violations to improperly issued American Depository Receipts. via Mary Jo…

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