Year: 2008

This Week In Securities Litigation (July 11, 2008)

This week, legislation was introduced in Congress to enhance the SEC’s enforcement and other capabilities. Attorney General Michael Mukasey told a Senate panel that the cooperation standards in the McNulty memo, which redrafted the Department’s Thompson memo in the wake

Another Settled Option Backdating Case

The SEC continued to reduce its inventory of option backdating cases, filing another settled action on Wednesday. SEC v. Sycamore Networks, Inc., Civil Action No. 1:08-CV-11166 (D. Mass. July 9, 2009). The complaint names as defendants Sycamore Networks, Inc., an