Tag: appeals

The SEC failed to overturn a directed verdict entered in favor of Engineered Support Systems, Inc. outside director Michael F. Shanahan Jr. in an options backdating case. SEC v. Shanahan Jr., No. 10-1820 (8th Cir. Filed July 19, 2011). The …

DISMISSAL OF OPTION BACKDATING CLAIMS AFFIRMED Read More »

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The Supreme Court’s decision in Central Bank of Denver v. First Interstate Bank of Denver, 511 U.S. 164 (1994) has had a significant impact on securities litigation since it was handed down. The 1994 decision held that there is no …

CENTRAL BANK CONTINUES TO LIMIT SECURITIES FRAUD ACTIONS Read More »

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