Sentences with phrase «facilitate fraudulent transactions»

Investment banks and law firms that handle corporate transactions will be watching the Supreme Court closely next term as it addresses the question of whether «secondary actors» like law firms, which facilitate fraudulent transactions, can be sued for securities fraud.

Today, by a 5 - 3 vote, the Supreme Court decided Stoneridge Investment Partners v. Scientific Atlanta, rejecting the concept of «scheme liability» that would have allowed shareholders to sue third party advisers who may have facilitated the fraudulent transactions.

Not exact matches

The agency, according to the alert is «concerned that the rising use of virtual currencies in the global marketplace may entice fraudsters to lure investors into Ponzi and other schemes in which these currencies are used to facilitate fraudulent, or simply fabricated, investments and transactions.»

At Commonwealth, its terms do reference bitcoin, «saying it can refuse to process an international money transfer or an international cash management transaction «because the destination account previously has been connected to a fraud or an attempted fraudulent transaction or is an account used to facilitate payments to Bitcoins or similar virtual currency payment services,»»