Tag:
Court Of Appeals
Latest Headlines
Latest Headlines
Proxy rule nixed by appellate court
In the ongoing war against Dodd-Frank, the detractors have notched another victory. Deciding a case brought by various business groups, a three-judge U.S. Court of Appeals for the District of
MERS back in the spotlight
At the height of the foreclosure fiasco, MERS went from a little known computer database-driven company with roughly 50 employees to near-household name (if you had mortgage troubles anyway).
The dust has settled a bit, and with a federal consent decree in place, it looks like the firm will su
Judge raps Goldman Sachs, rejects arbitration appeal
It was huge news when an arbitration panel ruled that Goldman Sachs ( NYSE: GS ) was liable for $21 million in its dispute with creditors of Bayou Group, a hedge fund client of Goldman's that fell apart in 2005; it ended up being revealed as a Ponzi Scheme. Recall the ensuing fake suicide drama
Will Supreme Court ruling set Jeff Skilling free?
He's not out of jail yet. But the Supreme Court has seemingly handed a victory to Jeff Skilling, the former CEO of Enron ( Enron news), the man most responsible for the Sarbanes-Oxley Act of 2002 (
A barn burner of a trial coming?
The SEC is going all in. Or is it?
The agency has announced that it will "vigorously" pursue its case against Bank of America, seeking to prove that management failed to disclose material information regarding the payment of billions in bonuses at Merrill Lynch. The announcement generated
Interesting ruling in whistleblower case
We've been wondering whether whistleblowers will fare any better with the new administration. It's widely known that under Sarbanes-Oxley whistleblowers faired poorly thanks to a very narrow
Ruling: Fine print disclosure not enough
Here's a ruling that ought to give bank and credit card company executives pause: The Court of Appeals for the Ninth Circuit said JPMorgan Chase failed to make "clear and conspicuous disclosure" of
Does Skilling have a shot with the High Court?
As you know, former Enron CEO Jeffrey Skilling--the man perhaps most responsible for Sarbanes-Oxley--has been waging an all-out war to get his 24-year prison sentence reduced. While he's exhausted
Jeff Skilling's sentence to be reduced?
Jeff Skilling just can't stay out of the news. The convicted former CEO of Enron, a tainted company if there ever was one, had another day in court recently. He's serving a 24-year sentence and doing
End to hedge funds bond default strategy?
Some hedge funds thought they had found a way to profit from the options backdating scandal. Recall that Sarbanes-Oxley requires every Form 10-Q and 10-K to be signed by senior executives, who thus
