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11 Aug 2014, 7:27 am by Editorial Board
On remand following a Second Circuit decision vacating his June 2011 rejection of a settlement between Citigroup and the SEC, Judge Jed Rakoff of the Southern District of New York approved the settlement, finding that it met the requirements articulated by the Second Circuit. [read post]
7 Aug 2014, 1:31 pm by Ron Coleman
Judge Jed Rakoff didn’t see it that way, and — in his inimitable matter — he didn’t suggest there was a lot of doubt about the right answer, either. [read post]
7 Aug 2014, 11:12 am by Matthew R. Arnold, Esq.
Her criminal case is set for trial in September, but her attorney—Jed Stone—hinted that negotiations were underway with prosecutors that may resolve the criminal case short of trial. [read post]
31 Jul 2014, 1:41 pm by Jim Meyers
Supp. 2d 503 (S.D.N.Y. 2011), the SEC’s first post Dodd-Frank attempt to bring an administrative penalty proceeding, Judge Jed Rakoff held that a defendant accused of insider trading could sue the SEC for violation of the Equal Protection Clause of the U.S. [read post]
31 Jul 2014, 5:58 am by Nicholas Tomsho
Judge Jed Rakoff [official profile] for the US District Court for the Southern District of New York [official website] ruled after a jury found that Bank of America, the second largest bank in the US, had defrauded government-controlled mortgage companies Fannie Mae and Freddie Mac [corporate website], by selling them defective mortgages... [read post]
7 Jul 2014, 11:24 am by Jeff Kern
In a closely-watched decision involving judicial review of agency settlements, the Unites States Court of Appeals for the Second Circuit vacated United States District Court Judge Jed Rakoff’s 2011 order rejecting a proposed $285 million settlement between the Securities and Exchange Commission (“SEC”) and Citigroup Global Markets Inc., finding that the judge applied an incorrect legal standard in his review of the proposed accord. [read post]
24 Jun 2014, 2:25 pm by Rick Garnett
Jed Purdy (Duke) (Go Devils) has a piece at The Daily Beast called "God Save the United States from this Anti-Democratic Court. [read post]
10 Jun 2014, 7:21 am by Alexis Yee-Garcia
Although the SEC may be riding high on the 2nd Circuit’s reversal of Judge Jed Rakoff’s decision in Citibank , the SEC has met less success in these insider trading and individual fraud cases. [read post]
9 Jun 2014, 7:22 pm by Michael Kraut
Individuals facing a Los Angeles DUI may relate to Jed Prisbey Imlay, a Cedar City, UT police officer arrested for driving under the influence on Monday, June 2. [read post]
4 Jun 2014, 10:37 am by Kevin LaCroix
On June 4, 2014, in a long-awaited but not unexpected opinion (here), the Second Circuit ruled that Southern District of New York Judge Jed Rakoff had improperly rejected the $285 million settlement of the SEC’s enforcement action against Citigroup. [read post]
4 Jun 2014, 9:04 am by Barry Barnett
District Judge Jed Rakoff famously refused to approve a consent decree between the Securities and Exchange Commission and Citigroup. [read post]
4 Jun 2014, 8:17 am
  (Although Judge Jed Rakoff of the Southern District of New York has recently called for changes to this norm.) [read post]
2 Jun 2014, 11:33 am by Lawrence S. Goldman
The Second Circuit Court of Appeals, which issues complete reversals in only about five percent of the criminal cases it hears, last week in an opinion by Judge Jed S. [read post]