Month: September 2009

A key part of the SEC’s statutory mandate is to prevent a repetition of the violation after halting it. Accordingly, an important component of many settled enforcement actions is the remedial steps taken to ensure against a repetition of the …

SEC REMEDIES: DISCLOSING REMEDIAL STEPS Read More »

The dispute over the accuracy of the SEC’s case alleging that Bank of America deceived its shareholders when acquiring Merrill Lynch continued and broadened this week. The New York AG sent a letter to the bank claiming that its privilege …

THIS WEEK IN SECURITIES LITIGATION (September 11, 2009) Read More »