Year: 2008

This Week In Securities Litigation (March 28, 2008 edition): The Subprime Crisis, More FCPA Cases and Procedural Walls at Investment Banks, A New Study

This week, turmoil continued in the credit markets as the New Century Trustee released a comprehensive report on lending activities at the giant subprime lender, disclosing shoddy lending and accounting practices. At the same time, the SEC and DOJ continued

Hollinger Settles

Hollinger Inc. settled the SEC’s 2004 enforcement action against it. That complaint named as defendants the company, Conrad M. Black, Hollinger International’s former Chairman and CEO, and F. David Radler, Hollinger International’s Deputy Chairman and COO. SEC v. Black, Civil