Sentences with phrase «anti-securities fraud laws»

In 2010, the Supreme Court said one of his convictions was flawed when it sharply curtailed the use of the «honest services» fraud law, and told a lower court to decide whether he deserved a new trial.

Around the same time, Rep. Lamar Smith of Texas, the Republican chairman of the House Committee on Science, Space, and Technology, demanded that Schneiderman and Healey turn over documents as part of a congressional investigation, claiming possible violations of state fraud laws.

He got a second chance because the «honest services» mail fraud law, under which he was convicted, was deemed overly vague and unconstitutional.

A joint probe by Schneiderman and Connecticut AG George Jepsen into whether their states incurred losses as a result of interest - rate manipulation by banks in the LIBOR scandal could lead to civil enforcement action, including possible breaches of antitrust and fraud laws.

He was sentenced to two years in prison and ordered to pay $ 280,000 in restitution, but the penalty was stayed pending a much - anticipated US Supreme Court decision involving the «honest services» section of the federal mail - fraud law under which he was tried.

The joint probe by New York Attorney General Eric Schneiderman and Connecticut Attorney General George Jepsen could lead to civil enforcement action, including possible breaches of antitrust and fraud laws, the officials said.

In addition, TRUE believes that Dr. Wells violated federal wire fraud laws when he falsely represented himself to TRUE and its members as a non-felon.

In practise though, it's not as easy as you might think because anti money laundering and anti fraud laws mean you generally have to withdraw money to the same account you funded your trading from.

Oddly, because of specificity of many statutory laws, it weakens the effect of the more general theft / fraud laws.

So, instead of merely having a broad - based law against theft / fraud, and allowing the judges discretion for aggravating / extenuating circumstances, we create lots of little theft / fraud laws to fit each situation, fighting the last war.

The purpose of the wire fraud laws seem to be to protect people from having money or property stolen.

That plan came to light during a hearing in Exxon's battle with Schneiderman over his office's investigation into whether the company violated consumer fraud laws in connection with climate change - related disclosures.

The suit claims violation of state consumer fraud laws, common law fraud, and unfair and deceptive business practices.

The government is empowered to seize monies or properties involved in the fraudulent act as authorized under the state fraud laws.

Hugh James McDonnell relies on his understanding of the highly technical and complicated criminal fraud laws that apply in order to build a strong defense.

If you pick a state (that's how fraud laws are constructed), we can show why the act would be fraud.

As Lyle Denniston discussed in this analysis at SCOTUSBlog, the 5th Circuit threw out a class action against various banks and brokerage firms for transactions related to Enron's defrauding of investors, finding that «the banks and brokerage firms had not engaged in a «deceptive act» under securities fraud law.

For those who don't recall our earlier coverage of Stoneridge, the case raises the question of whether «secondary actors» like lawyers or business advisers who participate in fraudulent transactions can be sued under securities fraud laws.

Donald Ayer, a Washington lawyer who represented Weyhrauch, said the ruling will put the brakes on prosecutors» increasingly aggressive and creative efforts to win convictions under the 28 - word fraud law that makes it a crime «to deprive another of the intangible right of honest services.»

Illinois» Cook County, which includes Chicago and surrounding areas, is joining the legal fight against Facebook and Cambridge Analytica over the misuse of data scraped from social media profiles, claiming that both companies violated state fraud law.

Cook County is suing Facebook and Cambridge Analytica for allegedly violating an Illinois fraud law after reports that the political consulting firm used ill - gotten Facebook data in an effort to influence voter behavior.

Caixin alleged that the People's Bank of China has concluded that «more than 90 % ICO projects could be violating illegal fundraising or fund fraud laws», alleging that «the percent [age] of projects that [are] actually raising funds for investments is less than 1 %».

But Seoul has tried to maintain some order by trying to ensure cryptocurrency exchanges and mining operations follow the country's money - laundering and fraud laws.

for allegedly violating Illinois fraud law via a personality quiz app that collected data on approximately 50 million users which was then used to create voter profiles to influence the Trump election.

Although ostensibly arguing to change paternity fraud laws in states to use modern DNA evidence, Henry's argument also attempted to show how federal law doesn't encourage a change in child custody laws and accompanying support payments, «that is, shared parenting.

For years, businesses had assumed that if they were exempted from a state financial fraud law that shares enforcement language with the no - call law, they were exempted from the ban.

The court also found no proof that Dean and the company had violated consumer fraud laws or schemed to perform an inadequate test of the septic system in order to close the transaction quickly.

Many of these statutes are based on the oldest state mortgage fraud law, California Civil Codes 2945 and 1695.

The court also found that the purchasers» real estate representative violated the state consumer fraud law in failing to inform the purchasers of his relationship to the seller of the property.

The development company raised counterclaims for cybersquatting, trademark infringement, false designation, and violation of the state consumer fraud law.

Vermont court rules that pre-suit mediation clause and limitation of liability provisions contained in a purchase & sale form contract created by the state association did not violate the state's consumer fraud laws.

Give anti-kickback and mortgage fraud laws some teeth.

The mortgage fraud law called RESPA (Real Estate Settlement and Procedures Act) has only a 1 year statute of limitations.

Not exact matches

«Licensing laws have typically been fairly strict on who can sell a motor vehicle because of the possibility of fraud,» explains Jim Moors, director of franchising and state law with the National Automobile Dealers Association.

The Washington Post reported that investigators were looking into whether Cohen committed bank fraud or violated campaign finance law, which all appeared to stem from the Daniels payment.

That former Enron CEO Ken Lay was recently found guilty of fraud suggests that CEO - speak is no defence from the law.

With more than 20 federal agencies, 94 U.S. attorneys» offices, and state and local partners, it is the broadest coalition of law enforcement, investigatory and regulatory agencies ever assembled to combat fraud.

The FBI raided Cohen's office and hotel room earlier this month as part of a criminal investigation into whether Cohen violated campaign finance laws or committed bank fraud, The Washington Post reported.

That figure includes 487 individual cases of alleged insider trading, 365 for stock manipulation, 343 for violations of laws and rules related to financial disclosure, 196 for contempt of the regulatory agency, and another 94 for fraud against customers.

Despite acrimonious relations between Russia and the United States in recent years, experts on cyber security in both countries say their law enforcement agencies and private firms had been working together more closely behind the scenes to fight financial fraud and other crimes committed online.

Gregory Simon, the chief executive of large - scale crowdfunding site Poliwogg, told the Washington Post: «There's another kind of fraud, and that's when Congress and the president pass and sign a law, and thousands of companies organize according to the principles in that law... but academics and people in consumer groups who disagree with the law make it their mission to prevent the law from going into effect.»

I'm asking if you have fired senior management, the people who actually led community banking division, who oversaw this fraud or the compliance division that was in charge of making sure that the bank complied with the law.

The EU study cited above found that the most - mentioned obstacles to cross-border trade are the costs of compliance with different consumer protection rules and contract law (41 percent) and potentially higher costs of fraud and non-payment (41 percent)

Did the suits involve fraud or violations of regulatory laws?

But by adding an act of terrorism on American soil to his securities fraud, Le Chiffre dramatically increased the odds of prosecution under U.S. laws greatly strengthened after 9/11.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters, including claims of investor and stockholder fraud, shareholder derivative suits, and securities class actions.

Armstrong's former teammate, Floyd Landis, originally brought the lawsuit in 2010 under a federal law, the False Claims Act, that lets whistle - blowers pursue fraud cases on behalf of the government, and obtain rewards if successful.

But to protect both investors and entrepreneurs from fraud, the law mandated that Title II also include rules that would prevent non-accredited investors — as well as shady entrepreneurs — from using crowdfunding.

INSURANCE fraud is on the rise in WA and many in the industry believe law enforcement agencies are not doing enough about it, according to a recent Phillips Fox survey.

U.S. regulators are tied up in knots trying to figure out how to write laws for equity crowdfunding to prevent fraud.