Daily Archives: April 20, 2017, 8:44 am

A month after dismissing federal prosecutors, Justice Department does not have any U.S. attorneys in place – The Washington Post

Attorney General Jeff Sessions is making aggressive law enforcement a top priority, directing his federal prosecutors across the country to crack down on illegal immigrants and “use every tool” they have to go after violent criminals and drug traffickers. But the attorney general does not have a single U.S. attorney in place to lead his tough-on-crime efforts across the country.…

Read More

PwC Annual Study Reports Record Number of Securities Suits | The D&O Diary

Largely driven by a “dramatic” increase in the number of federal court merger objection lawsuits, securities class action litigation filings rose to the highest level ever in 2016, according to PwC’s most recent annual securities litigation report. The report also noted that for the first time securities litigation rose though the stock market performance during the year did not, contrary…

Read More

Cornerstone Research Report: SEC Enforcement Activity Strong through First Half of FY 2017

U.S. Securities and Exchange Commission enforcement activity remained elevated through the first half of fiscal year 2017, according to new research from Cornerstone Research. The data show an increase in actions involving broker-dealers, issuer reporting and disclosure, and securities offerings. According to SEC Enforcement Activity—First Half FY 2017 Update, the SEC filed 334 enforcement actions during the first half of…

Read More