Daily Archives: September 28, 2021, 6:57 pm

Kirkland & Ellis Adds Prominent SEC Enforcement Defense Attorney Nader Salehi to Investigations Team | Kirkland & Ellis LLP

Kirkland & Ellis is excited to announce that Nader Salehi, one of the nation’s top securities enforcement defense attorneys, has joined the Firm as a partner in the Government, Regulatory & Internal Investigations Practice Group in the Washington, D.C., office. Source: Kirkland & Ellis Adds Prominent SEC Enforcement Defense Attorney Nader Salehi to Investigations Team | News | Kirkland &…

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Cybersecurity-Related Securities Suit Dismissed | The D&O Diary

In an interesting development, the U.S. District Court Judge overseeing the cybersecurity-related securities class action lawsuit pending against title insurance company First American Financial Corp. has granted the defendants’ motion to dismiss. The dismissal in the case is interesting because the company had in June 2021 agreed with the SEC to enter a cease-and-desist order and to pay a modest…

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SEC Bars Two Individuals from Whistleblower Award Program

The Securities and Exchange Commission today announced that it has barred two individuals from the SEC’s whistleblower award program, each of whom filed hundreds of frivolous award applications. The bars were issued pursuant to the 2020 amendments to the Whistleblower Program Rules, which were designed to allow the whistleblower program to operate more effectively and efficiently and to focus on…

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