Blog Archives

This Week In Securities Litigation (For the week ending Feb. 3, 2017)

The SEC is an agency in transition. There are three open slots on the agency waiting to be filled by the President and the Senate. Many of the senior staff positions are also now open including the Director of the

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This Week In Securities Litigation (Week ending Dec. 11, 2015)

The SEC prevailed in one court case this week but lost in another. In an investment fund fraud action the agency won at trial. In the First Circuit, however, it lost in an appeal of the long running action against

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The SEC Files Another Action Based on ZeeksRewards

ZeeksRewards is the case that just keeps on giving. The multi-level pyramid and Ponzi scheme has generated two prior SEC enforcement actions. One involved the company, Rex Ventures Group, LLC, and its principal, Paul Burks. SEC v. Rex Venture Group,

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This Week In Securities Litigation (Week ending October 2, 2015)

September 30th Madness dominated this week. The drive for stats was evident as the Commission stacked up cases like cord wood at a pace seldom seen. Twenty-two municipal bond actions were filed in one swoop; an insider trading case; a

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This Week In Securities Litigation (Week ending July 24, 2015)

The SEC filed three actions following-up on its settled proceeding against Oppenheimer for selling millions of shares of unregistered penny stocks. Each individual settled with the agency. In addition, the Commission brought a manipulation action against three individuals centered on

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This Week In Securities Litigation (Week ending February 20, 2015)

The Commission recently filed an amicus brief defending its Dodd-Frank whistleblower rules. Those rules specify that the anti-retaliation provisions of those amendments to the Exchange Act protect those who chose not to report to the Commission but only internally. Yet

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This Week In Securities Litigation (Week ending April 25, 2014)

A review of SEC and securities enforcement actions this week.

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SEC Brings Another Pyramid Scheme Action

SEC filed another pyramid scheme case

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This Week In Securities Litigation (Week ending April 4, 2014)

A review of SEC and securities litigation this week.

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