Daily Archives: January 2, 2018, 10:05 am

Securities Suit Filings at Historically High Levels During 2017 | The D&O Diary

More securities class action lawsuits were filed in 2017 than in any year since 2001, in significant part because of the substantial number of federal court merger objection lawsuit filings during the year. But even disregarding the merger suits and looking only at the traditional securities lawsuits, the number of lawsuit filings was at the highest level since at least…

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Securities Suit Filings at Historically High Levels During 2017 | The D&O Diary

More securities class action lawsuits were filed in 2017 than in any year since 2001, in significant part because of the substantial number of federal court merger objection lawsuit filings during the year. But even disregarding the merger suits and looking only at the traditional securities lawsuits, the number of lawsuit filings was at the highest level since at least…

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The SEC and Securities Plaintiffs’ Bar Take Aim at Initial Coin Offerings – Lexology

These days it seems that everybody is considering getting into the distributed ledger technology business causing the United States Securities and Exchange Commission (“SEC”) and the securities plaintiffs’ bar to take notice. Over the past several years the SEC has made certain public remarks about this new technology and brought a few enforcement actions. However, its recent investigative report addressing…

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Steve Cohen Prepares Return With Help of Big Brother Oversight – Bloomberg

Behind Steve Cohen’s hedge fund comeback is Big Brother. Inside what will be his Stamford Harbor Capital sits a command center in the middle of the trading floor. There, a 50-member compliance team is strategically positioned to listen in on traders’ conversations in real time, comb through emails for suspicious language and even veto job candidates. via Steve Cohen Prepares Return…

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