Tag: Press Releases

Mum’s (Still) the Word With SEC Losses | LinkedIn

In this June 2013 Wall Street Journal op-ed titled “Mum’s the Word About SEC Defeats,” I called out the SEC for its troubling refusal to update its website when it loses or dismisses an enforcement case that it previously touted. After all, I argued, the agency routinely splashes its incendiary allegations of wrongdoing across its website and social media platforms upon…

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SCAS Again Ranks Bernstein Litowitz Among Top Securities Litigation Firms in the Nation; Over $2 Billion Recovered; Highest Average Recovery

According to data compiled by ISS’s Securities Class Action Services (“SCAS”), BLB&G again was atop the “SCAS 50” rankings, with the largest average recovery amount among the top firms  – nearly $145 million per case – and obtaining over $2 billion in recoveries in 2016 through 14 settlements. via SCAS Again Ranks Bernstein Litowitz Among Top Securities Litigation Firms in…

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SEC Issues Unusual Litigation Release Announcing Defeat in Mark Cuban Trial – Compliance Week

The SEC has always been quite consistent about issuing Litigation Releases about new cases and following litigation victories, but it very rarely issues Litigation Releases about its losses. Today, however, the SEC did issue an unusual Litigation Release noting its defeat last week in the high-profile Mark Cuban insider trading trial. via SEC Issues Unusual Litigation Release Announcing Defeat in…

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Mum’s the Word About SEC Defeats – WSJ.com

More than three months ago, the Supreme Court unanimously dismissed Securities and Exchange Commission penalty claims against investment adviser Marc Gabelli because the SEC 5304.OK -11.05% took too long to file its case. But you wouldn’t know that if you monitored the case on the SEC website. You’d find the regulator’s initial fraud allegations against Mr. Gabelli but no official acknowledgment…

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