The First Circuit Court of Appeals gave definition to aiding and abetting liability in an SEC enforcement action, requiring that the agency prove what specific acts each defendant performed which rendered substantial assistance to the primary fraud. In making its …

The First Circuit Defines The Scope of Aiding And Abetting Read More »

The first in what promises to be a long series of steps to resolve the Madoff scandal took place yesterday. The SEC has entered into a partial settlement of its enforcement action against Bernard Madoff. Under the terms of the …

The Beginning Of A Long Process: A Partial Settlement In One Madoff Case Read More »