Month: November 2011

The SEC’s Division directors reported to Congress this week on the progress of the reforms at the Commission. SEC Enforcement brought an investment fund fraud action this week centered on luring investors with the prospect of acquiring pre-IPO shares of …

THIS WEEK IN SECURITIES LITIGATION (November 18, 2011) Read More »

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The Commission settled its first strict liability no-fault SOX 304 action by agreeing to a settlement under which defendant Maynard L. Jenkins, the former CEO and Chairman of CSK Auto Corporation, would repay $2.8 million of the approximately $4.1 million …

SEC SETTLES JENKINS SOX 304 CASE Read More »

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