Tag: admissions

A critical question in insider trading cases currently being brought is whether there are sufficient facts to comply with the Newman personal benefit test – at least if the case is in the Second Circuit. While in many instances it …

SEC Settles Insider Trading Case With Admissions Read More »

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The PCAOB filed a settled action involving an auditing firm in which the consent order of settlement was based on admissions of facts. The approach is similar to the one adopted by the SEC in which the Commission requires admissions …

This Week In Securities Litigation (Week ending October 9, 2015) Read More »

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