Year: 2013

In Morrison v. National Australia Bank Ltd., 136 S.Ct. 2869 (2010) the Supreme Court held that Exchange Act Section 10(b) only reaches to the water’s edge, the Section has no extraterritorial reach beyond the shores of the United States. Since …

Will Morrison End the Debate Over PRC Based Audit Work Papers? Read More »

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The Commission filed financial fraud actions against a computer services company, its CFO and the CFO of the operating subsidiary where the fraud occurred. SEC v. Volt Information Sciences, Inc., Civil Action No. 13 CV 237 (S.D.N.Y. Filed Jan 10, …

A Leasing Transaction Under Negotiation Becomes Securities Fraud Read More »

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