Year: 2010

THIS WEEK IN SECURITIES LITIGATION (July 30, 2010)

Market reform continued to be a key topic this week with the SEC soliciting comments on a number of provisions under Dodd-Frank even before the opening of the official comment period. SEC enforcement brought an insider trading case based on

SEC DROPS SIGNIFICANT CLAIMS IN SETTLING FINANCIAL FRAUD CASE

The SEC settled a 2007 financial fraud action brought against Thomas Fisher, former Chairman, CEO and President of Nicor, Inc., after dropping its primary claims against the executive. SEC v. Fisher, Case No. 07-cv-4483 (N.D. Ill. Filed Aug. 9, 2007).

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