Year: 2011

SEC MARKET CRISIS CASES: FREDDIE, FANNIE AND CITIGROUP

The SEC took three important steps with respect to its portfolio of market crisis cases last week. First, it appealed the ruling of Judge Rakoff in the Citigroup case. Second, the agency filed suits against six former high raking executives

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THIS WEEK IN SECURITIES LITIGATION (December 16, 2011)

The SEC took three unusual steps this week. First, in a high stakes move, the agency appealed the refusal of Judge Rakoff to approve its proposed settlement in a market crisis case with Citigroup. A loss in the Second Circuit

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