Monthly Archives: November 2020

SEC Office of the Whistleblower Posts Nineteen New Notices of Covered Actions | Whistleblower News Network

On October 30, the U.S. Securities and Exchange Commission (SEC) Office of the Whistleblower posted nineteen new Notices of Covered Actions (NCAs). Each NCA relates to a specific SEC enforcement action and signals that individuals may now submit whistleblower award claims for these actions. Whistleblowers have until January 28, 2021 to apply for an award for these newly posted NCAs…

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SEC Charges Former Controller of Now-Bankrupt Company with Insider Trading

The Securities and Exchange Commission today charged Edward T. Kelly, the former Controller of Aceto Corporation, with insider trading. According to the SEC’s complaint, after Kelly retired from Aceto in March 2018, the company formally retained him as a consultant to assist in closing Aceto’s books for the quarter ending March 31, 2018. While working as a consultant, Kelly allegedly…

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The Non-Revolving Door by Alexander I. Platt :: SSRN

This paper shows that the door between the SEC and the plaintiffs’ bar does not revolve. Among other things, I show that none of the ten leading plaintiffs’-side firms employ anyone with recent SEC experience doing plaintiffs’ side litigation; none of the enforcement attorneys I identified as working for the agency in 2015 left to do plaintiffs’ side litigation; none…

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Cohen & Gresser Strengthens White Collar Defense & Regulation Capabilities with Leading Financial Crime Lawyer

International law firm Cohen & Gresser today announced that Richard Kovalevsky QC, a distinguished barrister and Queen’s Counsel, will join the firm’s White Collar Defense & Regulation group as a partner in its London office. As head of Criminal Defense for the London office, Richard’s hire will bolster Cohen & Gresser’s highly-regarded White Collar Defense practice and strengthen the firm’s…

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Enforcement Forum panel tackles financial reporting and accounting fraud

Melissa Hodgman, an associate director in the SEC’s the Division of Enforcement, appeared on a panel with members of the securities defense bar to discuss recent Commission enforcement actions involving financial disclosure and accounting fraud. The panel, hosted by the Securities Docket’s 2020 Securities Enforcement Forum, addressed a number of topics, including how the SEC identifies financial fraud cases and…

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SEC Division of Enforcement Publishes Annual Report for Fiscal Year 2020

The Securities and Exchange Commission’s Division of Enforcement issued its annual report for fiscal year 2020 today. The report provides a comprehensive view of the Division’s accomplishments over the past year, discusses significant actions and key areas of strategic change, and details the Division’s COVID-19-related enforcement efforts. via SEC.gov | SEC Division of Enforcement Publishes Annual Report for Fiscal Year 2020.

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