November 28, 2011
SEC’s Citigroup settlement blocked by judge – is this the future?
Judge Jed Rakoff has rejected a settlement between the Securities & Exchange Commission and Citigroup, saying that it “is neither fair, nor reasonable, nor adequate, nor in the public interest.”...
November 11, 2011
Whistleblower should be applauded for case against for-profit college company
Former Congresswoman-turned-Washington lobbyist Melissa Hart (R-PA) has a misguided opinion piece in today’s Washington Times (“Justice gets lost in the revolving door — Current and former public...
Posted In Whistleblower Law Insights
November 08, 2011
Firms commit securities fraud again and again, despite penalties and promises
As part of their settlements of securities fraud suits, many large Wall Street firms have signed agreements to never again violate antifraud laws. It may strike some as surprising that a promise not to...