The Law of the Financial Markets from Top Securities Lawyers
Friday, April 26, 2024
The SEC has announced an award of nearly $5 million to a whistleblower who provided critical information and assistance that led to the success of a covered action. The whistleblower’s information helped the SEC to more quickly and efficiently bring an action that returned millions of dollars to harmed investors. […]
From time to time we get questions about self-directed IRAs and what products they can invest in. Mat Sorensen, an attorney, author, and self-directed IRA guru recently answered part of the question. Can a self-directed IRA hold precious metals, stored at the owner’s home? A recent Tax Court case, […]
The Securities and Exchange Commission today charged American Renal Associates Holdings, Inc. (ARA), a provider of dialysis services through clinics across the country, with engaging in a revenue manipulation scheme that resulted in the restatement of… Read the Full Press Release Have a securities law question? Call New York Securities […]
The Securities and Exchange Commission today charged a Latvian citizen with defrauding hundreds of retail investors out of at least $7 million through two separate fraudulent digital asset securities offerings. According to the civil complaint, filed in U.S. District Court for the Eastern District of New York, Ivars Auzins defrauded […]
When you are in possession of insider information, not only can you not trade on it, you cannot tell others about the information. If you do, and they trade on it, you can be liable for their trades. The CFO of Immunomedics is learning that lesson the hard way. According […]
The Securities and Exchange Commission today adopted amendments to finalize rules implementing the submission and disclosure requirements in the Holding Foreign Companies Accountable Act (HFCAA). The rules apply to registrants the SEC identifies as… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at […]
The SEC staff released guidance for companies about how to properly recognize and disclose compensation cost for “spring-loaded awards” made to executives. Spring-loaded awards are share-based compensation arrangements where a company grants stock options or other awards shortly before it announces market-moving information such as an earnings release with better-than-expected […]
The Securities and Exchange Commission today voted to adopt final rules requiring parties in a contested election to use universal proxy cards that include all director nominees presented for election at a shareholder meeting. The rule changes will give…For More information on the United States Securities Law visit Securities Law […]
The Securities and Exchange Commission today announced that Texas-based oilfield services company ProPetro Holding Corp. and its founder and former CEO Dale Redman have agreed to settle charges that they failed to properly disclose some of Redman’s… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
The Securities and Exchange Commission today announced awards totaling approximately $10.4 million to several whistleblowers who provided information and assistance in three separate covered actions. In the first order, the SEC issued awards totaling approximately $7.5 million to two whistleblowers. Both whistleblowers provided new and significant information during an existing […]
