Month: October 2012

The Commission brought an offering fraud action against two long time residential real estate businessmen, Thomas S. Mulholland and James C. Mulholland, Jr. The two defendants had been in the residential real estate business since the 1990s. By 2008 they …

SEC Brings Offering Fraud Action Centered On Collapsing Real Estate Business Read More »

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In SEC v. Obus, Docket No. 10-4749 (2nd Cir. Decided Sept. 6, 2012) the Circuit Court found that the defendants could be held liable for insider trading despite the fact that the company concluded they had not breached any duty. …

Insider Trading and Determinations By the Company Read More »

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