New York-based firm was charged by the SEC for not adequately disclosing pre-IPO discussions with a potential acquisition target
"An essential component of settlements is the public recitation of the facts .... A settlement that allows the denial of wrongdoing undermines the value ...
The demand by the government that a defendant waive a fundamental constitutional right as a condition of settlement ought to be supported by a compelling ...
SEC commissioners vote 3-2 to pass their first new rule of '24, high stakes at the High Court, more friction over the SEC's private funds ...
You have to go back nearly 40 years to when the U.S. Supreme Court ruled in a case that created the so-called Chevron doctrine, in ...
Chevron “puts a thumb on the scale” for the agency in enforcement matters. Federal courts freed from the need to grant the agency deference could ...
"While many Americans will be celebrating the unofficial start of summer over Memorial Day weekend, another important thing will be happening. We will transition in ...
Shaughnessy made material misstatements and omissions to the client about the reasons for the performance discrepancies
The Aon Partner attributed the error to “data corruption” that “was due to an error by an analyst in uploading NAV and cashflow data from ...
"Today’s reforms improve disclosures about how SPAC shares may be diluted. This will provide investors with better information to evaluate the merits of de-SPAC transactions"