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The Liu decision also planted a big, leafy money tree for securities lawyers by expressly declining to answer a number of related questions and sending them all back down to the lower courts to figure out over the course of many more years of litigation. Oddly enough, however, the Court didn’t mention perhaps the thorniest unanswered […]
The U.S. Securities and Exchange Commission has called off a second attempt to vote on long-pending amendments to its whistleblower award program—a sign the agency’s commissioners still haven’t reached a consensus on a final version of the rules. The amendments, in the works for more than two years, would give the SEC the ability to […]
The head of Germany’s financial watchdog has rejected calls to resign over the scandal at Wirecard, while saying that with hindsight he should have called for prosecutors to open an investigation sooner. Felix Hufeld said at a conference on Wednesday that he would not resign “as long as my country and Europe have trust in […]
Gibson, Dunn & Crutcher LLP is pleased to announce that Craig Varnen has joined the firm’s Los Angeles office as a partner. Varnen, formerly a partner at Irell & Manella, will continue to focus on securities litigation and other complex litigation at Gibson Dunn. via Gibson Dunn | Securities Litigation Partner Craig Varnen Joins Gibson […]
Skadden is pleased to announce that former U.S. Attorney for the District of Columbia Jessie K. Liu has joined the firm’s Washington, D.C. litigation practice. Ms. Liu’s practice will encompass white collar and government enforcement matters, including defending government investigations and conducting internal investigations; representing companies and individuals in connection with complex civil litigation, particularly […]