Year: 2007

On Friday, the SEC lost its first Section 5 claim relating to a PIPE offering when the court granted a defense motion to dismiss.  In SEC v. Mangan, Civil Action No. 3: 06-CV-531 (W.D.N.C. Filed December 28, 2006), the SEC …

Court Dismisses Claim Based on Short Sales In Connection With PIPE Offering And Criticizes SEC Read More »