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‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInCongress moves towards banning members from trading stocks
House Speaker Nancy Pelosi and Democratic leaders have greenlighted a plan to craft legislation that would ban members of Congress from trading stock, CNBC confirmed on Wednesday. At Pelosi’s direction, the House Administration Committee is working on drafting the rules, and the legislation is expected to be put up for a vote this year, likely […]
CoinDesk fixes a CMS leak that may have been used for crypto insider trading – REPORT DOOR
CoinDesk has fixed an exploit that allowed anyone to view unpublished headlines, create drafts, and edit articles on the website. In a post on its site, CoinDesk says the vulnerability could’ve let “unidentified actors” view non-public information, allowing them to make trading decisions they could profit from. “The issue is now fixed and added safeguards […]
Debevoise to Add SEC Veteran Kristin Snyder as White Collar Partner in San Francisco
Debevoise & Plimpton LLP announced today that Kristin Snyder will join the firm’s San Francisco office as a partner in the White Collar & Regulatory Defense Group on March 14. Ms. Snyder, who most recently served as Deputy Director of the Division of Examinations at the U.S. Securities & Exchange Commission (SEC), will focus on […]
New Lawsuit Reflects Cybersecurity and Coronavirus-Related Litigation Trends | The D&O Diary
Readers of this blog know that two important current litigation trends involve the filing of claims relating to cybersecurity incidents and the filing of COVID-19-related claims. A new securities class action lawsuit filed this week touched on both of these securities suit filing trends. Secure technology company Telos Corporation was hit with a securities suit […]