Daily Archives: October 9, 2023, 9:15 am

‘Math nerd’ or crypto criminal? Question at heart of Sam Bankman-Fried’s trial | Sam Bankman-Fried | The Guardian

A single question has dominated the first week of Sam Bankman-Fried’s fraud trial: which version of this tech bro do you believe? Prosecutors have cast Bankman-Fried – the 31-year-old founder of the failed cryptocurrency exchange FTX – as the mastermind of a $10bn fraud, among the largest and most nefarious in American history. They say he selfishly squandered the money…

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DOJ Offers More Incentives to Self-Report Wrongdoing in M&A Transactions – WSJ

Companies can face more lenient treatment if they report to prosecutors potential criminal misconduct uncovered during the merger and acquisition process, a senior official at the Justice Department said. Under a new policy announced Wednesday, an acquiring company that discloses potential wrongdoing at a company being acquired within six months of the deal closing date—and fully cooperates and fixes the…

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The Rise of Group Actions in the U.K and the E.U. | The D&O Diary

I will say this as a long-time observer whose observational perch includes an extensive opportunity to watch developments both within and outside the U.S. that probably the single most important thing I have observed over the years I have been watching has been the increasing rise of collective action mechanisms outside the U.S. When I first started traveling outside the…

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