Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: SEC

Appeals court deals blow to US in insider trading cases

A federal appeals court dealt a blow to the government's success in insider trading prosecutions Wednesday by reversing two convictions with a decision that also jeopardizes a third — and attempts to further define how far prosecutors can push the law in their quest to clean up Wall Street.

Read More »

Nichols is all business

Tom Nichols, most often an advisor and transactional attorney, ventured into litigation in 2004 on behalf of a long-term client facing insider-trading charges brought by the SEC.

Read More »

5 school districts settle investment lawsuit (UPDATE)

KIMBERLY, Wis. (AP) – An investment firm accused of misconduct for selling risky investments to five Wisconsin school districts has agreed to pay them about $30 million. The Securities and Exchange Commission announced the settlement between RBC Capital Markets and the five districts; including Kimberly, Kenosha, Waukesha, Whitefish Bay, West Allis-West Milwaukee and Milwaukee. The districts sued two investment firms ...

Read More »

Company accused of defrauding 5 Wis. school districts (UPDATE)

By MARCY GORDON AP Business Writer WASHINGTON (AP) — Federal regulators are accusing brokerage firm Stifel Nicolaus & Co. of civil fraud in its sales of risky complex investments to five Wisconsin school districts that lost all of the $200 million they invested. The Securities and Exchange Commission announced the lawsuit Wednesday against St. Louis-based Stifel Nicolaus and former senior ...

Read More »

JPMorgan pays $211M to settle bid-rigging charges

By DANIEL WAGNER AP Business Writer WASHINGTON (AP) — JPMorgan Chase & Co. has agreed to pay $211 million after admitting one of its divisions rigged dozens of bidding competitions to win business from state and local governments. J.P. Morgan Securities LLC made at least 93 secret deals with companies that handled the bidding processes in 31 states, the Justice ...

Read More »

New law offers more case options

Whistleblower cases are long and difficult, but attorneys may soon bring more of them due to expanded options laid out in a new law that takes effect this month.

Read More »