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13 May 2013, 12:25 pm by Editorial Board
On May 8, Judge Jed Rakoff of the United States District Court for the Southern District of New York dismissed claims by the United States for damages and civil penalties under the False Claims Act against Countrywide and Bank of America. [read post]
8 Apr 2013, 12:49 pm by Editorial Board
On April 2, Judge Jed Rakoff of the United States District Court for the Southern District of New York largely granted J.P. [read post]
4 Mar 2013, 1:50 pm by Mark Mermelstein
As part of those sentencing proceedings, Judge Jed Rakoff of the Southern District of New York has now ordered Gupta to pay Goldman Sachs $6.2 million, an amount equal to approximately 90 percent of the legal expenses the banking firm sought to recover. [read post]
26 Feb 2013, 10:38 am by Christine Nielsen
Citigroup matter – where Judge Jed Rakoff balked at the Commission’s “neither admit nor deny” policy and refused to approve a settlement for lack of evidentiary support – it now appears the SEC may face increased scrutiny in its litigation practices, regardless of how the Court of Appeals rules. [read post]
26 Feb 2013, 12:04 am by Kevin LaCroix
By the time you read this blog post, you undoubtedly will have seen one of the stories in the mainstream media reporting on the February 25, 2013 decision of Southern District Court Jed Rakoff ordering former Goldman Sachs director Rajat Gupta to repay most of the legal fees the company incurred in connection with the government’s investigation and prosecution of Gupta. [read post]
1 Dec 2012, 2:54 pm
Former federal prosecutor Jed Rakoff wrote the following in a Duquesne law review article: To federal prosecutors of white collar crime, the mail fraud statute is our Stradivarius, our Colt 45, our Louisville Slugger, our Cuisinart-our true love. [read post]
29 Oct 2012, 10:06 am by admin
District Judge Jed Rakoff sentenced Rajat Gupta to 24 months after he was found guilty by a jury of one count of conspiracy and three counts of substantive securities fraud, in connection with providing material non-public information to convicted inside trader Raj Rajratnam. [read post]
6 Sep 2012, 11:19 am by Elie Mystal
Cardozo School of Law, Benula Bensam, Cardozo, Cardozo Law, Cardozo Law School, Career Advice, Federal Judges, Gunners, Gupta Trial, Jed Rakoff, Judge Andrew Carter, Judge Jed Rakoff, Law Schools, Preet Bharara, Preetinder Bharara, Preetinder S. [read post]
6 Sep 2012, 11:19 am by Elie Mystal
Cardozo School of Law, Benula Bensam, Cardozo, Cardozo Law, Cardozo Law School, Career Advice, Federal Judges, Gunners, Gupta Trial, Jed Rakoff, Judge Andrew Carter, Judge Jed Rakoff, Law Schools, Preet Bharara, Preetinder Bharara, Preetinder S. [read post]
30 Aug 2012, 3:26 am by Kevin LaCroix
In addition, Citigroup’s attempt to settle the subprime-related SEC enforcement action for a payment of $285 was famously rejected by Southern District of New York Judge Jed Rakoff, a decision that is now on appeal before the Second Circuit. [read post]
17 Aug 2012, 6:54 am by Joe Palazzolo
District Judge Jed Rakoff was well within his power to reject the now-infamous proposed settlement between the SEC and Citigroup. [read post]