Hueston Hennigan announces the addition of Ben Balding as of counsel in its Los Angeles office. Mr. Balding was most recently a supervisory assistant U.S. attorney in the Criminal Division at the U.S. Attorney’s Office for the Central District of California, where he served as lead or co-lead counsel in more than 10 trials. With nearly 20 years of experience…
Barnes & Thornburg announced today the additions of partners Jeff Ansley and Andrew Robbins in Dallas and partner David Last in Washington D.C., further bolstering the firm’s White Collar, Compliance and Investigations (WCCI) practice with three accomplished former federal prosecutors and trial lawyers. Source: Barnes & Thornburg Expands White Collar Practice With Addition of Former Federal Prosecutors | Barnes &…
It is not certain that every trade on US politics funded from a US-based crypto exchange is done by a US-based trader, but it is certain that some of them are (because those people keep getting arrested for insider trading!). As a legal matter, Polymarket is not allowed to take bets from US customers on its main exchange; as a…
James Patten, who helped orchestrate a stock manipulation scheme that led to a company that owned a single money-losing New Jersey deli being valued at $100 million, was sentenced to 21 months in prison on Tuesday. Patten, 67, asked Judge Christine O’Hearn to sentence him to no time in prison at a hearing in U.S. District Court in Camden, New…
In comment letters, investors have hammered the agency for the proposal’s lack of sound reasoning or analysis to support the notion that quarterly reporting dissuades companies from going public or encourages short-term thinking, they said. Semiannual reporting would also make markets less transparent, less efficient and less competitive, they say. “A proposal of this significance requires compelling evidence that quarterly…
Rep. Ritchie Torres (D-N.Y.) has asked the Securities and Exchange Commission to investigate whether plans by Truth Social’s parent company to sell Wall Street firms real-time access to President Trump’s posts could violate federal securities laws, according to a copy of the letter obtained by Axios. Why it matters: The letter escalates scrutiny of Trump Media & Technology Group’s plan…
When Coinbase sought FOIA records to shed light on the agency’s interpretation of securities laws with respect to digital assets, the SEC refused—so we took it to court, and a judge ordered the SEC to produce them. But there was a twist: The agency tasked with policing corporate record-keeping somehow lost reams of its own text messages between Mr. Gensler…
Fridman Fels & Soto, PLLC, a white-collar criminal defense and litigation law firm, announced today that Eric I. Bustillo, former Director of the U.S. Securities and Exchange Commission’s Miami Regional Office, has joined the firm as partner. Bustillo will represent companies and individuals in SEC enforcement actions and investigations, securities litigation, SEC whistleblower, and white-collar criminal defense matters. Source: Former…
Sheppard is pleased to announce that partners Daniel Collins and Levi Giovanetto have joined in Chicago, further strengthening Sheppard’s white collar defense and investigations capabilities in the Midwest and nationwide. Collins leads internal investigations for public companies and other organizations on issues including securities and accounting fraud, healthcare fraud, antitrust, money laundering and trade secret theft. Giovanetto helps corporate clients…
Sean Knowles has joined BakerHostetler’s Seattle office as a partner in the firm’s Litigation Practice Group and a member of the Securities and Governance Litigation team. Knowles joins from an Am Law 100 firm, where he served as the firmwide chair of the securities litigation practice. He has vast experience representing clients in securities class action litigation, shareholder derivative lawsuits, mergers and acquisitions litigation and U.S. Securities and Exchange Commission enforcement…