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5 Apr 2009, 1:26 pm
Attorney’s office in the Eastern District of New York announced the criminal indictment of the two former portfolio managers.[14] In September 2008, the SEC filed civil charges against two brokers in connection with purchases for customers of more than $1 billion in auction rate securities. [read post]
20 Jan 2021, 8:49 am by Arnold Wadsworth Coggins
While district courts generally have inherent authority and discretion regarding the “manage[ment of] their own affairs so as to achieve the orderly and expeditious disposition of cases,” see PDC Consulting, Inc. v. [read post]
20 Apr 2023, 9:05 pm by renholding
Such knowledge that has not been publicly disclosed is highly valuable price-sensitive information that may be exploited by the issuer’s management and other insiders for financial benefit.[9] In its key phases, a buyback program involves material non-public information, including (a) the size, form, duration, and impact on the issuer’s financial position of the buyback program, (b) the transaction prices and the rate of reduction in the issuer’s capital; and (c)… [read post]
24 Aug 2022, 5:01 am by Jim Dempsey
Who Assesses the Risk Assessments, and the Question of Enforcement The bill goes on to say that covered entities (and service providers, but I’ll just refer to both here as “covered entities”) shall conduct a risk assessment to identify and assess any material internal and external risk to, and vulnerability in, the security of their systems. [read post]
21 Mar 2022, 4:29 am by Peter J. Sluka
FER Steps Away from Management, Relies on Harmony/MAIP to Make Distributions Around 2002, FER and Harmony sought to end their business relationship. [read post]
8 Jun 2010, 2:31 am by Hedge Fund Lawyer
 The disclaimer is usually so wide ranging that it appears to materially impact the investors’ ability to sue the auditor in the event of audit failure (which, of course, is the idea). [read post]
23 Jul 2023, 9:05 pm by renholding
Steffen at Yale University School of Management, and Kangkang Zhang at the University of Connecticut. [read post]
17 Dec 2017, 3:28 pm by Wolfgang Demino
Why is the financial sector going so mad over Madden when only Midland Funding and Midland Credit Management are afflicted and in need of Congressional intervention? [read post]
26 Nov 2009, 7:15 pm by Sam E. Antar
In effect, Overstock.com improperly created a cookie jar reserve to materially inflate future earnings or reduce future losses. [read post]
20 Feb 2009, 5:00 am
(IPKat) AG’s opinion in L’Oreal v Bellure: unfair advantage aspects; IBIL seminar materials online (IPKat) Forthcoming attractions at the ECJ (IPKat) ISP liability, copyright term extension key IP issues for Europe this year (Intellectual Property Watch) Extension of copyright on audio recordings from 50 to 95 years passed through Legal Affairs Committee (TorrentFreak) (Managing Intellectual Property) EU, not content to double music copyrights, now looks to… [read post]