Tag: cherry picking

The Manhattan U.S. Attorney announced the filing of motions to dismiss the insider trading conviction of Michael Steinberg, formerly a portfolio manager at SAC Capitol, and six others in the wake of the Second Circuit’s decision in Newman. SEC released …

This Week In Securities Litigation (Week ending October 23, 2015) Read More »

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SEC Files Its First Robocop Cherry Picking Action When the SEC announced its financial fraud task force and a related data initiative to facilitate the identification of situations where the company “cooked the books,” many dubbed the data program “Robocop.” …

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