The Commission’s suit against Bank of America received a boost this week when the NY AG secured an agreement with the bank to produce privileged material in his investigation. Under the agreement, the material will be made available to the …

THIS WEEK IN SECURITIES LITIGATION (October 16, 2009) Read More »

The president, CEO and Chairman of the Executive Committee of broker and investment advisor Melhado, Flynn & Associates, George Motz, pleaded guilty to securities fraud charges earlier this week. U.S. v. Motz, Case No. 08-598 (E.D.N.Y. Filed Aug. 27, 2008). …

BROKER PLEADS GUILTY IN CHERRY PICKING SCHEME Read More »