Ponzi schemes, once thought difficult to detect and stop, are now a stable of SEC enforcement. Virtually every week one or more schemes that have fleeced investors of their hard earned dollars with claims of extravagant returns is uncovered and …
Ponzi schemes, once thought difficult to detect and stop, are now a stable of SEC enforcement. Virtually every week one or more schemes that have fleeced investors of their hard earned dollars with claims of extravagant returns is uncovered and …
The Commission approved sending a staff study to Congress this week, as required by Dodd-Frank, which presents “options†for extending the reach of Section 10(b) in private damage actions beyond the limitations set by the Supreme Court in Morrison. One …
THIS WEEK IN SECURITIES LITIGATION (Week ending April 13, 2012) Read More »