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18 Oct 2021, 6:35 am by John Jascob
These injunctions, which enjoin the defendant from engaging from specific conduct in the future, can encompass a wide variety of activities, including restrictions on stock trading, participating in securities offerings, and restricting the ability of lawyers to draft opinion letters. [read post]
13 Jun 2024, 3:30 am by Meredith Ervine
The SEC was similarly criticized for alleging that the “internal accounting controls” provisions of the Exchange Act apply to cybersecurity controls and suggesting that companies and individuals can be charged with a securities violation for failing to protect company assets from cybersecurity attacks. [read post]
8 Sep 2023, 7:53 am by Ty Stimpson
They must provide evidence showing that the defendant’s negligence or misconduct caused their injuries. [read post]
8 Sep 2023, 7:53 am by Ty Stimpson
They must provide evidence showing that the defendant’s negligence or misconduct caused their injuries. [read post]
3 Aug 2015, 3:15 pm by Mitch Stoltz
They speed up court processes by instilling a false sense of urgency, giving Internet companies and defenders of the public interest little time to weigh in. [read post]
9 Jan 2023, 9:01 pm by renholding
Allegations relate to the financial crisis from over a decade ago where a number of financial institutions – including Deutsche Bank Securities, RBS Securities, and Wachovia Capital Markets – misled investors within offering documents on various securities issued by NovaStar. [read post]
10 Aug 2006, 6:04 am
District Court Granted Defense Motion to Dismiss Securities Fraud Class Action Lawsuit, Seeking Damages Under § 10(b) and § 20(a) of the Securities Exchange Act of 1934 and Common Law Fraud, but Second Circuit Reversed A class action securities fraud lawsuit was filed against American Express and its subsidiaries, and against individual corporate officers of those companies (“Amex”), arising from high-risk junk bond investments and… [read post]
2 Dec 2022, 10:49 am by Karen Gullo
” The Directionsn itself states that they  were needed to help India defend against cybersecurity attacks, protect the security of the state and public order, and prevent offenses involving computers. [read post]
28 Sep 2021, 6:01 am by John Jascob
In 2002, Xerox entered into a consent decree with the SEC in which it agreed to pay $10 million without admitting or denying that the company violated federal securities laws. [read post]
1 Dec 2015, 6:59 am by John Jascob
The SEC’s complaint alleges that Yue Han illegally traded securities based on material, nonpublic information he obtained through access he was given to investment banker emails as part of his employment in Goldman Sachs’ Surveillance Analytics Group between July and October 2015.During that time period, Goldman advised companies on mergers and acquisitions, including tender offers, and other transactions. [read post]
29 Dec 2015, 1:13 pm by Lawrence B. Ebert
A copyright lasted for a first term of 28 yearsfrom the date it was secured. [read post]
27 Aug 2012, 9:44 am by Jay Stanley
Although Twitter has admirably defended its user’s rights in this case, we cannot expect that Internet companies will have either the resources or the incentives to go to court over every one of the thousands of government subpoenas that they receive. [read post]
8 Dec 2011, 5:00 am by Erica Siepman
Oct. 6, 2011), the Securities and Exchange Commission (“SEC”) brought charges against defendants Eric Aronson, Vincent Buonauro, Robert Kondratick, Fredric Aaron, the PermaPave companies (PermaPave Industries, LLC, PermaPave USA Corp., PermaPave Distributions, Inc., Permeable Solutions, Inc., and Verigreen, LLC), and Interlink-US-Network, Ltd (collectively, “Defendants”). [read post]
26 Jun 2020, 1:21 pm by luiza
He secured the funds for two fake but fantastical-sounding companies, Vantastic Voyages, LLC and Happy Days Movers, LLC. [read post]
27 Jul 2011, 8:09 am
Security breaches can cost companies millions and it's becoming more common for companies to face lawsuits from consumers or to agree to purchase identity theft protection services for millions whose personal information was compromised. [read post]
3 Sep 2015, 1:33 pm by John S. Moffa
The insurance company for the defendant initially offered to settle the case for $15,000 claiming they followed all construction regulations and were not negligent. [read post]
18 Jan 2020, 2:45 pm by Postali
Defendants may get charged for opening another account with another person’s name, birth date, or Social Security number. [read post]