The Securities and Exchange Commission today announced an award of more than $9.2 million to a whistleblower who provided information that led to successful related actions by the U.S. Department of Justice, one of which was a non-prosecution agreement (… Read the Full Press Release Have a securities law question? […]
Month: February 2021
Chamath Palihapitiya’s Clover Health Discloses New SEC Investigation And Responds To Short-Seller’s Scathing Allegations
Chamath Palihapitiya’s Clover Health Discloses New SEC Investigation And Responds To Short-Seller’s Scathing Allegations The notice of investigation comes one day after a short-seller alleged Clover misled investors about its business. #securitieslawyer #securitieslaw https://www.forbes.com/sites/jonathanponciano/2021/02/05/chamath-palihapitiyas-clover-health-discloses-new-sec-investigation-and-responds-to-short-sellers-scathing-allegations/
SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity
As part of its continuing effort to respond to potential attempts to exploit investors during the recent market volatility, the Securities and Exchange Commission today suspended trading in the securities of 15 companies because of questionable trading… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
Fee Rate Advisory #3 for Fiscal Year 2021
Pursuant to Section 31(j)(2) of the Securities Exchange Act of 1934, the Commission has determined that a mid-year adjustment to the Section 31 fee rate for fiscal year 2021 is not required. These adjustments do not directly affect the amount of funding… Read the Full Press Release Have a securities […]
HK Property Investor Goodwin Gaw Spies World Of Bargains On The Horizon
HK Property Investor Goodwin Gaw Spies World Of Bargains On The Horizon After a tough year at his property-focused private equity firm, Gaw Capital, Goodwin Gaw is keeping his powder dry for deals in the year ahead. #securitieslaw #seclaw #securitiesattorney https://www.forbes.com/sites/jenniferwells/2021/02/24/hk-property-investor-goodwin-gaw-spies-world-of-bargains-on-the-horizon/
These Hedge Fund Managers Made The Most In 2020
These Hedge Fund Managers Made The Most In 2020 Top three hedge fund managers According to Institutional Investor’s list, Israel “Izzy” Englander of Millennium Management raked in $3.8 billion in 2020. #seclaw #securitieslaw https://www.forbes.com/sites/jacobwolinsky/2021/02/23/these-hedge-fund-managers-made-the-most-in-2020/
SEC Issues Whistleblower Awards Totaling Over $1.7 Million
The Securities and Exchange Commission today announced awards totaling more than $1.7 million to two whistleblowers in separate proceedings. Both whistleblowers provided Forms TCR to the Commission within 30 days of their first learning of the Form… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
SEC Charges Gas Exploration and Production Company and Former CEO with Failing to Disclose Executive Perks
The Securities and Exchange Commission today announced settled charges against an Oklahoma-based gas exploration and production company, Gulfport Energy Corporation, and its former CEO, Michael G. Moore, for failing to properly disclose as compensation… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
Behind the Process: How an Enforcement Action Becomes an Enforcement Action
Behind the Process: How an Enforcement Action Becomes an Enforcement Action From a regulator’s prospective, FINRA’s head of Enforcement walks you through the process and the possible outcomes. F
SEC Charges Two Former KPMG Auditors for Improper Professional Conduct During Audit of Not-for-Profit College
The Securities and Exchange Commission today suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
