Year: 2021

Filings of securities class actions declined last year. Yet many of the key statistics regarding the filings are similar to those from prior years while IPOs from SPACs increased dramatically, according to a report by Cornerstone Research published yesterday. Securities …

Security Class Actions Down, SPAC IPOs Up Read More »

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False statements have long been at the center of many Commission enforcement actions. Early last year the agency won summary judgment in a case that centered not just on false statements but also sham transactions. Now the Court has entered …

Ten Year Bars Imposed for False Statements Read More »

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