Month: April 2007

Over the years, the SEC has repeatedly stated that its mission is “to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.”   In this context, the agency has repeatedly told Congress and the courts that private securities litigation is a necessary adjunct to …

Has the SEC Shifted Its Views? Read More »

The Enron Nigerian barge deal seems to be the deal that refuses to go away – and many wish that it would.   The deal as initially conceived was simple enough:  Enron sold an interest in electricity producing barges to Merrill Lynch …

Is There Liability Beyond Enron for the Nigerian Barge Deal? The Barge that Continues to Sail Read More »