Regulation & Compliance
Too Much Analysis Primes Whistleblower Suits: Lawyer
If your company uses a detailed analytical process to arrive at projections of growth or earnings, that process may make you particularly vulnerable to shareholder suits when forecasts don't pan out, ...
SEC Testing ‘Customized’ Punishments
The U.S. Securities and Exchange Commission is experimenting with punishments that more closely fit the wrongdoing at issue in a bid to give its enforcement cases more bite. Criticized for its ...Judge Rules Secret FBI Letters To Banks, Other Cos. Unconstitutional
A federal judge has ruled that the FBI's practice of issuing so-called national security letters to banks, phone companies and other businesses is unconstitutional, saying the secretive demands for ...Cohen’s SAC To Pay $616 M In SEC Insider Trade Settlement
Hedge fund titan Steven A. Cohen's firm is paying $615.7 million to settle charges that it improperly traded in two stocks, in what is the largest-ever, insider trading settlement, U.S. securities ...Court Upholds Florida OIR Position On Sinkhole Coverage
A Florida court has upheld a decision by state insurance regulators that property insurers must offer sinkhole loss coverage in an amount equal to the dwelling coverage limit. Farm Bureau asked the ...