Subscribe
‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInEvan Gotlob Brings His Perspective as a Former Federal Prosecutor to Saul Ewing’s White Collar & Government Enforcement Practice | Saul Ewing LLP
In joining Saul Ewing as a new partner, Evan Gotlob will draw on his experience as a former Assistant U.S. Attorney to represent clients who are facing government investigations and enforcement actions involving white collar crimes. He is resident in the Boston office, and will also work out of the New York and Philadelphia offices. […]
Berkshire Hathaway’s Warren Buffett Calls Bitcoin a ‘Gambling Token’
Billionaire investor Warren Buffett described bitcoin (BTC) as a “gambling token” in an interview with CNBC on Wednesday. Echoing the dour opinion of the cryptocurrency that he has aired in the past, the Berkshire Hathaway (BRK.A) chairman and CEO said bitcoin “doesn’t have any intrinsic value … but that doesn’t stop people from wanting to […]
Hunter Biden Lawyer Leaves Latham to Start New Litigation Firm
Christopher Clark, a Washington lawyer who has advised Elon Musk and Hunter Biden, is leaving Latham & Watkins to launch a boutique firm. Clark is joining Patrick Smith and Rodney Villazor, co-founders of Smith Villazor LLP, to form Clark Smith Villazor LLP, the firm said Thursday. Source: Hunter Biden Lawyer Leaves Latham to Start New […]
FTX – Bloomberg
I wrote on Monday that Ray “was hired as the CEO of FTX to put it into bankruptcy, to steer it through bankruptcy, and to maximize recovery for FTX’s customers and other creditors, and he has spent a lot of his time publishing gleeful reports about how bad everything at FTX is and how incompetent […]
The U.S. Cracked a $3.4 Billion Crypto Heist—and Bitcoin’s Anonymity – WSJ
Mr. Zhong made his big mistake on Dec. 16, 2020, according to court records and an analysis of his bitcoin transactions by Elliptic. He combined crypto funds the IRS had linked to the Silk Road thefts with legitimate funds he kept in a cryptocurrency exchange. With Mr. Zhong’s Silk Road link in hand, authorities went […]
JPMorgan orders managing directors back to office five days a week: ‘Lead by example’
JPMorgan Chase has ordered its managing directors “to lead by example” by returning to their desks five days a week – and warned of consequences for lower-level employees that fall short of the firm’s less stringent attendance requirements, according to a recent memo obtained by The Post. The Wall Street titan’s operating committee detailed its […]
FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’
Five months after the spectacular implosion of FTX, the Bahamas-based crypto exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has been stabilized and the dumpster fire is out.” Made by FTX’s lead bankruptcy attorney Andy Dietderich, a partner at New York law firm Sullivan & […]
2022 Accounting-related Securities Class Action Settlements Rise
The total value of accounting case settlements grew by more than 67% in 2022 to $1.4 billion, up from $817 million the previous year. Key contributors to the significant jump in total settlement value were an increase in the average settlement amount to $31.7 million in 2022 from $24.7 million in 2021, coupled with a […]
Twitter to let users access stocks, crypto via eToro in finance push
Twitter will let its users access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company. Starting Thursday, a new feature will be rolled out on the Twitter app. It will allow users to view market charts on an expanded range of financial instruments and buy and sell stocks and other […]