The Commission prevailed in an investment fund scheme action, obtaining a favorable summary judgment ruling. In reaching its conclusion the Court rejected claims that the action was time barred and that the cause of action was outside the scope of …
SEC Wins Summary Judgment Ruling In Ponzi Scheme Case Read More »
The Fifth Circuit decided a significant case on loss causation. The Court concluded that the truth could emerge from a series of disclosures which, in and of themselves were not sufficient to uncover the fraud, but which when considered together …
This Week In Securities Litigation (Week ending October 10, 2014) Read More »