Year: 2014

Rengan Rajaratnam settled his insider trading case with the SEC this week, consenting to the entry of a permanent injunction and agreeing to pay disgorgement, prejudgment interest, a civil penalty and to be barred from the industry with a right …

This Week In Securities Litigation (Week ending October 23, 2014) Read More »

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The Commission filed settled administrative proceedings against an investment adviser and its co-founder based on a claimed breach of fiduciary duty. The Order alleged violations based on negligence, citing Securities Act Section 17(a)(2) and Advisers Act Section 206(2) and, in …

Adviser, Co-founder, Settle SEC Breach of Duty Proceeding Read More »

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