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15 Mar 2016, 12:45 pm
But local governments across the country are using threats of jail and actual imprisonment to secure payments toward court fines and fees. [read post]
15 Mar 2016, 10:39 am by Alexander Schmitt
Over the past year, we have seen the Companies’ Creditors Arrangement Act (the CCAA) used in a novel way to execute prearranged sale transactions of distressed companies’ assets, potentially indicating a new manner in which companies and their advisors are using the CCAA. [read post]
15 Mar 2016, 10:11 am by Eric Caligiuri
Further, Apple argues the order would impose an oppressive burden on Apple and those who use an iPhone because the order would require Apple to develop new software that destroys the security features that Apple has spent years building. [read post]
15 Mar 2016, 9:00 am by Suzette Pringle
Plaintiffs filed suit, alleging that Sanofi’s opinion statements were misleading because it failed to disclose the FDA’s concerns with the company’s use of single-blind studies, and asserted claims under Sections 11 and 12 of the Securities Act of 1933 and Sections 10(b), 18, and 20 of the Securities Exchange Act of 1934. [read post]
15 Mar 2016, 6:54 am by Lax & Neville LLP
On February 5, 2016, a Financial Industry Regulatory Authority (“FINRA”) panel of arbitrators (the “Panel) rendered an Award (the “Award”) against the Royal Bank of Scotland’s United States securities divisions, RBS Securities, Inc. [read post]
14 Mar 2016, 8:29 am by Adam Weinstein
   Investors who have suffered losses may be able recover their losses through securities arbitration. [read post]
14 Mar 2016, 8:27 am by Adam Weinstein
Certain commonly used measures and ratios used to determine churning help evaluate a churning claim. [read post]
11 Mar 2016, 8:35 am by D. Daxton White
The SEC’s complaint charges violations of the federal securities laws by Aequitas Management, Aequitas Holdings LLC, Aequitas Commercial Finance LLC, Aequitas Capital Management Inc., and Aequitas Investment Management LLC as well as Jesenik, Oliver, and Gillis. [read post]
10 Mar 2016, 5:25 pm by Mark Astarita
   The SEC’s complaint charges violations of the federal securities laws by Aequitas Management, Aequitas Holdings LLC, Aequitas Commercial Finance LLC, Aequitas Capital Management Inc., and Aequitas Investment Management LLC as well as Jesenik, Oliver, and Gillis. [read post]