Sentences with phrase «against issuers of securities»

Not exact matches

In a statement shortly after he sued JPMorgan Chase, Mr. Schneiderman said the lawsuit was a template «for future actions against issuers of residential mortgage - backed securities that defrauded investors and cost millions of Americans their homes.»

Yet the 13f lives on (it's Section 13f of the Securities Exchange Act, legislation expressly prohibiting discrimination against issuers).

A warrant is a time - limited right to subscribe for shares, debentures, loan stock or government securities and is exercisable against the original issuer of the underlying securities.

The authors of the study point to other regulatory and legislative acts, including the «order precedence rule,» commonly known as the «Manning Rule» after a legal case against Charles Schwab, the Gramm - Leach - Bliley Act, which saw the end of the Glass - Steagall Act of 1933 and formally allowed the combination of commercial banks, securities firms and insurance companies, Regulation Fair Disclosure, which devalued stock research, and the Global Settlement ruling, which has made research coverage tougher for issuers to secure.

Advising the security trustee of securitised notes in respect of claims of approximately # 25m against the note issuer for breach of contract and misrepresentation.

Advising the security trustee of securitised notes in respect of claims of approximately # 25 million in value against the note issuer for breach of contract and misrepresentation.

Advising the security trustee of securitised notes in respect of claims of approximately # 25 million against the note issuer for breach of contract and misrepresentation.

The National Association of Bond Lawyers released a paper giving its members tools to help issuer clients develop written disclosure policies and procedures in response to recent Securities and Exchange Commission cases against issuers.

Section 130 (1) of the OSA provides that where a prospectus contains a misrepresentation, «a purchaser who purchases a security offered by the prospectus during the period of distribution or during distribution to the public» has a cause of action against, amongst others, the issuer and underwriters of the securities in question.

Justice Perell also noted that the plaintiff's «strained interpretation» would have the anomalous result that some s. 130 claimants (the secondary market purchasers) would not have the alternative statutory right of rescission which is only available against the issuer, selling security holders and underwriters (and not secondary market vendors).