In a summary order issued on Wednesday, the Second Circuit Court of Appeals affirmed the dismissal of a securities class action based on the application of the statute of limitations. The Court left open the possibility that plaintiffs would amend …

Second Circuit Affirms Dismissal Of Securities Fraud Suit Based On Statute of Limitations Read More »

NERA Economic Consulting has developed a proprietary database of post-SOX SEC enforcement statistics which provides interesting comparative data. First, the statistics demonstrate that most enforcement cases are brought against individuals. Since the passage of Sarbanes Oxley, the SEC has filed …

SEC Enforcement Cases: Focus On Individuals, Declining Corporate Penalties Read More »