Month: May 2009

In SEC v. Anton, III, Civil Action No. 06-2274 (E.D. Pa. Decided April 23, 2009), the court concluded that the SEC failed to prove its claim that defendant Frederick W. Anton, III, as Chairman of PMA Capital Corporation’s board of …

SEC Loses Insider Trading Claim: Not Material/No Personal Benefit Read More »

This week, SEC Enforcement Director Robert Khuzami made his first appearance before Congress, providing testimony outlining the recent activities of the Division and providing a glimpse of things to come. The GAO released a report on SEC enforcement, reviewing the …

This Week In Securities Litigation (May 8, 2009) Read More »