Tag: breach of duty

The SEC filed its first action involving a private equity fund and broken deal expenses. By the time the Commission discovered the question the firm realized it did not have a disclosure policy, retained a consultant to study the issue …

SEC Sanctions KKR Over Fee Allocations Read More »

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Rengan Rajaratnam settled his insider trading case with the SEC this week, consenting to the entry of a permanent injunction and agreeing to pay disgorgement, prejudgment interest, a civil penalty and to be barred from the industry with a right …

This Week In Securities Litigation (Week ending October 23, 2014) Read More »

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