During the last two weeks (last Friday was a holiday), the rejuvenation of SEC Enforcement has continued. Reportedly, the Division is reorganizing, shedding supervisory positions in favor of more front line investigators. The Commission also added derivatives expertise while continuing …

This Week In Securities Litigation (July 10, 2009) Read More »

The SEC filed a financial fraud case this week which was discovered by work by the outside auditors and the audit committee of the company. SEC v. Wells, Civil Action No. 3:09-CV-01792 (D.S.C. Filed July 8, 2009). The case was …

AUDITORS UNCOVER FRAUD Read More »