Month: March 2012

The Commission won a significant victory this week in the Second Circuit Court of Appeals in its Citigroup litigation. While technically the Court only granted a stay of the proceedings in the district court, the panel’s evaluation of the probability …

THIS WEEK IN SECURITIES LITIGATION (Week ending March 16, 2012) Read More »

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Shares of privately held high tech companies, such as Facebook and Twitter, have attracted significant investor interest. Many have sought to purchase shares in anticipation of the initial public offering of securities in these companies. As a result, since at …

FIRST SEC ACTIONS BASED ON PRE-IPO MARKET Read More »

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