Month: February 2016

This Week In Securities Litigation (Week ending February 5, 2016) The Commission filed another group of settled actions under its initiative regarding municipal bond underwriters. This time a group of fourteen actions were filed. Each centered largely on claims that …

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The SEC filed fourteen settled actions against municipal underwriting firms this week. The settlements were part of a program that commenced in 2014 called the Municipalities Continuing Disclosure Cooperation Initiative. The program offers favorable settlement terms for municipal bond underwriters …

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