(CN) – The Court of Appeals for the D.C. Circuit denied the New York Republican State Committee’s bid to challenge the Securities Exchange Commission’s rule prohibiting broker-dealers acting as “placement agents” from accepting compensation for soliciting government business from candidates and elected officials.
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(CN) – Shareholders claim in a class action that digital printing technology firm Electronics for Imaging Inc. filed an incorrect
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(CN) – Shareholders claim in a class action that CVS Healthcare Corp. misled investors about its merger with Aetna Inc.
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(CN) – Commercial label maker Multi-Color Corp. faces a shareholder derivative class action for allegedly misrepresenting and omitting key information
Read moreDisgraced former Theranos CEO Elizabeth Holmes made a court appearance in a criminal case against her Monday, navigating a phalanx of television cameras and a large media presence at the federal courthouse in San Jose.
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(CN) – The Securities Exchange Commission claims in court that now-defunct Corinthian Colleges Inc. incurred unnecessary long-term debt in order
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(CN) – Shareholders claim in a derivative action that pipe manufacturer Forterra Inc. deceived investors with an initial public offering
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The Second Circuit vacated a judgment against JPMorgan Chase analyst Sean Stewart who was convicted in February 2017 of insider trading for feeding tips to his father.
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(CN) – Heirs to the JCPenney fortune are suing JPMorgan Chase Bank, claiming that the investment bank engaged in self-dealing
Read moreShareholders scored a partial victory on appeal of a previously dismissed securities fraud complaint against medical service provider Hanger Inc. and its former CFO George McHenry.
Read moreThe Securities and Exchange Commission claims the former head of a New Jersey payment processing firm gave his girlfriend $1 million to buy company stock ahead of a merger announcement, netting the pair more than $250,000 in profits.
Read moreThe U.S. Supreme Court on Thursday held that administrative law judges at the Securities and Exchange Commission are “inferior officers” subject to the Appointments Clause of the U.S. Constitution.
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OSI Systems Inc. faces a federal class action over a contract with the Albanian government that spurred investigations by the Securities Exchange Commission and the U.S. Department of Justice.
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Investors claim they were misled when Iovance Biotherapeutics covertly paid a promoter to write articles and send emails pushing its stock until the Securities Exchange Commission stepped in with a cease-and-desist order.
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(CN) – Shareholders sued Canadian pharmaceutical giant Valeant after the company’s value plummeted on news it was manipulating drug-distribution channels
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Shareholders claim in a class action that life sciences company OvaScience Inc.’s stock went on a free-fall when the company revealed that one of its fertility treatments was not as successful as originally touted.
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A shareholder class action in Maryland demands revisions to the proxy statement for Cisco’s pending $1.9 billion buyout of business-communication firm BroadSoft because the document allegedly lacks key financial projections and an explanation of its discounted cash-flow analyses.
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Investors are challenging private-equity firm Elliott Management Corp.’s bid for network software company Gigamon Inc. for $1.6 billion over allegedly misleading statements filed with the Securities Exchange Commission.
Read moreAn investment broker who sent emails to potential investors written by his boss is liable for making false statements, but cannot be banned from the financial industry as the “maker” of those statements, the D.C. Circuit ruled in a 2-1 decision.
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