Year: 2016

The SEC prevailed at trial in an action against the City of Miami and its former budget director, Michael Boudreaux centered on three bond offerings. Specifically, the jury returned verdicts in favor of the Commission as to each defendant on …

SEC Wins Jury Verdicts Against City of Miami, Budget Director Read More »

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Under Section 304 of the Sarbanes Oxley Act the Commission can seek to clawback certain discretionary CEO and CFO compensation and trading profits if there is a restatement of the issuer’s financial statements based on wrongful conduct. The SEC has …

SEC Position on SOX 304 Clawbacks Adopted by Ninth Circuit Read More »

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