Facebook’s super-hyped IPO quickly turned into Wall Street folly. Lawsuits were filed almost immediately. Accusations of selective financial disclosure, investor deception and NASDAQ negligence are flying. So who is to blame? And who is liable? Lawyer2Lawyer co-hosts and attorneys, Bob Ambrogi and Craig Williams, get the legal story of Facebook’s botched IPO and pending litigation from John P. (“Sean”) Coffey, Managing Director at BlackRobe Capital Partners, and Scott M. Berman, Partner at Friedman Kaplan Seiler & Adelman.
What can CIOs (and other firm leaders) do to protect confidential client data from thieves — who are on the payroll? On the June edition of Law Technology Now, host Monica Bay is joined by Tam Harbert, author of Law Technology News’ June cover story, “Catch Me If You Can.” They discuss how BigLaw is reacting in the wake of the latest insider trading scandal involving three top firms — and the dilemma faced by firms that want to protect data while providing an open exchange of ideas and collaboration by firm attorneys.
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The Securities and Exchange Commission recently filed civil fraud charges against investment bank, Goldman Sachs Group Inc. Attorneys and co-hosts, J. Craig Williams and Bob Ambrogi welcome Attorney Jacob S. Frenkel, from Shulman Rogers Gandal Pordy & Ecker, P.A and Attorney Palmer C. Hamilton, a member of the Government Relations Practice Group at Jones Walker, to discuss the details of this lawsuit. They take a look at the SEC’s current role, the impact of the lawsuit, financial regulation legislation and what this means for Wall Street.
This is the debut of Securities Docket Radio on the Legal Talk Network with host Bruce Carton, columnist at Compliance Week. Bruce welcomes Sanjay Wadhwa, Deputy Chief of the new Market Abuse Unit in the Division of Enforcement at the U.S. Securities and Exchange Commission, to discuss the new unit and investigations involving insider trading, specialist misconduct, offering fraud, and improper activities at hedge funds. Bruce and Sanjay also discuss the significant reorganization of the Division of Enforcement, and look inside the recent insider trading action brought against hedge fund giant Galleon, and the successful Reebok insider trading investigation.