Category: SECActions

This Week In Securities Litigation (Week ending July 21, 2017)

The Commission affirmed by a divided vote an Initial Decision dismissing insider trading charges against Wells Fargo trader Joseph Ruggieri. At a hearing the Division of Enforcement failed to prove that in six instances Mr. Ruggieri traded ahead of announcements

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SEC Sustains Dismissal of Wells Fargo Insider Trading Case

The rash of lawsuits challenging the SEC’s venue selection decisions may ultimately end with the Supreme Court reviewing the propriety of the retention process for Commission ALJs under the Constitution’s Appointments Clause a question that split the DC Circuit and

Posted in SECActions