Year: 2010

The Section 304 of Sarbanes Oxley requires the CEO and CFO to repay certain incentive compensation in the event there is a restatement of the company’s financial statements based on wrongful conduct. Few court decisions have construed the Section. The …

THE SECOND CIRCUIT BOLSTERS THE SEC’S VIEW OF SOX 304 Read More »

The Commission filed an unusual investment fund fraud action in SEC v. Chiaese, Civil Action No. 10-cv-5110 (D.N.J. Filed Oct. 5, 2010). In what is now the new staple of SEC enforcement, the typical case alleges that the individual defendants …

AN USUAL INVESTMENT FUND FRAUD COMPLAINT Read More »