Year: 2010

THIS WEEK IN SECURITIES LITIGATION (September 17, 2010)

Hearings began on Capital Hill focusing on modifying a provision of Dodd-Frank the SEC has long sought. Chairman Schapiro claimed the provision is key to the SEC’s inspection program since it permits the agency to withhold certain proprietary materials. SEC

SEC WINS TWO OF FIVE CLAIMS IN PIPE OFFERING CASE

The SEC prevailed on two of five remaining claims against Robert Berlacher and several investment funds he managed following a three day bench trial. The court ordered Mr. Berlacher to pay disgorgement on a net basis on the two claims,

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