Tag: Judge Rakoff

The SEC took three important steps with respect to its portfolio of market crisis cases last week. First, it appealed the ruling of Judge Rakoff in the Citigroup case. Second, the agency filed suits against six former high raking executives …

SEC MARKET CRISIS CASES: FREDDIE, FANNIE AND CITIGROUP Read More »

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The battle lines have been drawn over the proposed settlement in the SEC’s action against Citigroup Global Markets, Inc. SEC v. Citigroup Global Markets, Inc., Civil Action No. 1:11-cv-07387 (S.D.N.Y.)(here). Judge Rakoff entered an order posing a series of questions …

THE BATTLE LINES ARE DRAWN OVER THE CITIGROUP SETTLEMENT Read More »

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