Corporate directors and officers may want to consider carefully reviewing mechanisms to protect them from liability in securities class actions and related derivative actions. The good news for directors and officers about these cases has been widely reported in the …

Trends in Securities Class and Derivative Actions Suggest Proactive Steps for Directors & Officers Read More »

The SEC announced the filing of a settled enforcement action centered on a pervasive corporate accounting fraud. The settlement appears to bring into play the SEC’s policies on corporate penalties and cooperation. The settled civil injunctive action was filed against …

Lack of a Penalty and Fraud Charges in Financial Fraud Case May Stem From Cooperation Read More »