Year: 2010

THIS WEEK IN SECURITIES LITIGATION (June 18, 2010)

This week Congress moved forward with the financial reform bill, but did not complete its work. The Supreme Court continued to consider cases involving the constitutionality of the honest services fraud statute and the PCAOB, as well as one involving

A SIGNIFICANT MARKET CRISIS CASE

The Department of Justice and the SEC filed actions against Lee Farkas, former chairman of mortgage lender Taylor, Bean & Whitaker which center on the market crisis. U.S. v. Farkas (E.D. Va. Filed June 16, 2010); SEC v. Farkas, Civil

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