In a holiday shortened week the Commission filed four actions: One arose from the failure of an adviser who arranged a transaction between two managed funds to honor the terms promised to one fund; a second charged the sister of…
Tag: misappropriation
This Week In Securities Litigation (Week ending April 21, 2017)
The Supreme Court heard argument this week in a case that may have a significant impact on remedies in SEC enforcement actions. In Kokesh v. SEC the High Court is considering whether the five year statute of limitations it previously…
Posted in SECActions Tagged with: Insider trading, misappropriation, offering fraud, SEC, statute of limitations
