Year: 2015

In Morrison v. National Australia Bank, Ltd., 561 U.S. 247 (2010) the Supreme Court held that the reach of Exchange Act Section 10(b) is the water’s edge of the United States. Specifically, the court held that the Section only provides …

Sixth Circuit Concludes Morrison Does Not Apply To Advisers Act Read More »

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The Commission filed a settled FCPA action this week centered on hiring relatives of foreign officials tied to a sovereign wealth fund. In addition, the agency filed two actions involving Citigroup – one based on the market crisis and a …

This Week In Securities Litigation (Week ending August 21, 2015) Read More »

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