Year: 2010

THIS WEEK IN SECURITIES LITIGATION (October 1, 2010)

On Capital Hill, a bill was introduced in the Senate to expand the definition of Honest Services fraud in the wake of the Supreme Court’s ruling in Skilling and legislation was sent to the President for signature repealing Dodd-Frank Section

THIS INVESTMENT ADVISER SHOULD HAVE LISTENED TO GORDON GEKKO

In the initial Wall Street film, financier Gordon Gekko says the now-famous line “greed is good.” In the recently released sequel, Wall Street, Money Never Sleeps, Mr. Gekko repeats the line, noting “now it seems it’s legal.” Later he amplifies

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