International law firm BCLP announced today the addition of Partner Josh Hess to the firm’s Financial Disputes and Investigations practice. Josh joins the firm’s Atlanta office. Formerly with the Securities and Exchange Commission (SEC)’s Enforcement Division, Josh focuses his practice on securities enforcement, regulatory investigations, and complex commercial litigation. With 15 years of experience in the field, including six years…
While an incoming chairman appointed by Trump, a recent crypto convert, could effectively clear the decks of future enforcement actions, dealing with the many cases already being litigated is a stickier prospect. Turning the SEC ship could take several months into 2025 — maybe longer. And even then, the lawyers say, dramatic case dismissals might not even happen. What may…
On Tuesday, a tiny shred of data on Amgen’s lead obesity candidate — not yet verified — erased $12 billion in market value. The data, spotted by an analyst at Cantor Fitzgerald, focused on concerns about potential side effects with the drug, called MariTide. Once they were shared widely in an investor note, the company’s shares fell 7%, a reminder…
Ilya Lichtenstein was sentenced to five years in prison for his role in the theft of approximately 120,000 bitcoin {{BTCf}} from crypto exchange Bitfinex, the U.S. Department of Justice has announced on Thursday. The 35-year old hacked network in 2016, using “advanced hacking tools and techniques”. Once inside the network, Lichtenstein fraudulently authorized more than 2,000 transactions transferring 119,754 bitcoin…