Legislation was introduced in the Senate that would expand liability in private securities damage actions, while the SEC significantly revised its procedures to empower the Enforcement staff by delegating to the Director of the Division the authority to issue a …

THIS WEEK IN SECURITIES LITIGATION (August 7, 2009) Read More »

Two seemingly unrelated events may have a significant impact on securities actions in the future. The first took place on Capitol Hill in the Senate. The second, a short way from that chamber at the SEC’s Washington headquarters building. The …

A NEW SENATE BILL; A NEW SEC REGULATION Read More »