The SEC prevailed in the Second Circuit Court of Appeals, securing the reversal of an order dismissing its claims against the portfolio manager of a mutual fund and the chief operating officer of the fund’s investment adviser. SEC v. Gabelli, …
The SEC prevailed in the Second Circuit Court of Appeals, securing the reversal of an order dismissing its claims against the portfolio manager of a mutual fund and the chief operating officer of the fund’s investment adviser. SEC v. Gabelli, …
The Sixth Circuit drew the line between auction rate securities suits which survive a motion to dismiss and those which must fail in Ashland, Inc. v. Oppenheimer & Co., no. 10-5305 (6th Cir. July 28, 2011). This is one of …