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On Monday, John Afriyie failed to show up at court for the start of his trial on insider-trading charges. He refused to bring his expected court attire when U.S. marshals arrested him. When he finally arrived in federal court in Manhattan late Monday, dressed in Under Armour workout gear, he tried to fire his lawyers. […]
Silver Lake, the second-biggest private equity firm focused on technology, hired the former head of the Securities and Exchange Commission’s Philadelphia office to oversee compliance, joining Blackstone Group LP and KKR & Co. in tapping ex-SEC lawyers for such roles. Sharon Binger joined the company’s office in Menlo Park, California, and replaces Sahil Desai, who […]
Andrew Ceresney, the former enforcement director of the U.S. Securities and Exchange Commission who is rejoining Debevoise & Plimpton in March, said he believes aggressive enforcement at the SEC will continue under Donald Trump’s administration. “My view is that the SEC has now re-established itself as an aggressive, tough, but fair regulator and I think […]
Dechert has added David Kelley to its white-collar and securities litigation group in New York, hiring the former top Manhattan federal prosecutor away from Cahill Gordon & Reindel, where he served on the firm’s executive committee. Kelley, who had been with Cahill since 2005, joined Dechert as a partner on Monday, the firm said. He […]
Get caught up with the Securities Docket News Wire for January 24, 2017.