Sentences with phrase «violations of securities»

The complaint charges defendants with violations of the Securities Act of 1933 and the Securities Exchange Act of 1934 for issuing a Registration Statement and Prospectus containing materially false and misleading information and failing to disclose material information.

Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws.

Overstock's tZERO initial coin offering (ICO) is under federal investigation for potential violations of securities laws, the company confirmed on Thursday.

U.S. regulators have expressed concern about widespread violations of securities regulations and weak investor protection on this red - hot multibillion - dollar market for fundraising on numerous accounts recently.

It's possible the agency is mulling a larger crackdown predicated on violations of securities laws.

This means that issuers of blockchain - based securities are required to register their offers and sales unless a valid exemption applies, and those who participate in unregistered offerings may be liable for violations of the securities laws.

In 2015, after a four - week trial, we won an $ 806 million judgment against Nomura and RBS for these banks» violations of the Securities Act of 1933 and the Blue Sky laws of Virginia and the District of Columbia.

Indeed, when the SEC was writing the rules for its whistleblower program, many public companies and business groups such as the Association of Corporate Counsel and the U.S. Chamber of Commerce lobbied hard for a requirement that employees must first report potential violations of the securities laws internally before blowing the whistle to the SEC.

[3] Positive factors include: Significance of the information provided by the whistleblower, the nature of the information, assistance provided by the whistleblower, the law enforcement interest in deterring violations of securities laws and participation in internal compliance systems.

A related civil suit filed by the U.S. Securities and Exchange Commission (SEC) alleged fraud, false filings, and related violations of the Securities Act.

His experience includes litigation counseling and frontline representation in cases involving fraud and misrepresentation claims, contract disputes, partnership disputes, and alleged violations of securities laws and health care fraud statutes.

Conducted internal investigations involving alleged violations of securities, antitrust, banking, FCPA, environmental, health and safety, labor and employment, and codes of ethics and conduct

The SEC has also been very tough on enforcing blatant violations of securities laws, but simply does not have enough manpower to pursue each borderline case.

No, criminal charges for violations of securities and related laws can only be brought against individuals.

This resulted in a share drop of 24 %, and the suit claims there are violations of the Securities and Exchange Act.

Can criminal charges be brought against companies in your jurisdiction for violations of securities and related laws?

In federal court, Laura has successfully argued a motion to dismiss a putative class action alleging violations of the securities laws based on an issue of first impression: whether statements in companies» codes of ethics are actionable.

In addition, Ms. Wong's white collar defense experience includes internal investigations arising out of alleged violations of securities laws and the Foreign Corrupt Practices Act (FCPA).

Cyan, Inc. v. Beaver County Employees Retirement Fund, No. 15 - 1439, holding that the Securities Litigation Uniform Standards Act of 1998 did not strip state courts of jurisdiction to adjudicate class actions alleging only violations of the Securities Act of 1933 or authorize removing such actions from state court.

We also counsel our clients in conducting their operations and structuring their business relations in order to avoid violations of securities laws.

The class action, filed in United States District Court, for the Southern District of New York, and docketed under 18 - cv - 00646, is on behalf of a class consisting of investors who purchased or otherwise acquired Xunlei securities, seeking to recover compensable damages caused by defendants» violations of the Securities Exchange Act of 1934.

The class action, filed in United States District Court, Southern District of New York, and docketed under 17 - cv - 09903, is on behalf of a class consisting of investors who purchased or otherwise acquired Qudian's American Depositary Receipts («ADRs») pursuant and / or traceable to Qudian's false and misleading Registration Statement and Prospectus, issued in connection with the Company's initial public offering on or about October 18, 2017 (the «IPO» or the «Offering»), seeking to recover damages caused by Defendants» violations of the Securities Act of 1933 (the «Securities Act»).

The class action, filed in United States District Court, for the Central District of California, and docketed under 17 - cv - 09157, is on behalf of a class consisting of investors who purchased or otherwise acquired Crypto securities, seeking to recover compensable damages caused by defendants» violations of the Securities Exchange Act of 1934.

According to people familiar with the company, the board concluded that Shkreli had committed stock - trading irregularities and other violations of securities rules.

In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known conflicts of interest or violations of securities law, but state laws often impose stricter fiduciary duties on the firm's top managers).

Yahoo, which is no longer publicly traded, neither admitted nor denied the allegations but did agree to refrain from further violations of securities laws.

«The launches are clearly in violation of Security Council resolutions.

U.S. federal and state securities laws have catch - all provisions regarding secondary liability for aiding and abetting a violation of securities laws, which could apply for facilitating trading through an unregistered exchange.

Each year the SEC brings hundreds of civil enforcement actions against individuals and companies for violation of the securities laws.

Without formal rules to guide the industry, FinTech firms will be left with the choice of seeking no action letters from the SEC that their activities do not constitute the sale of securities, or they will have to risk selling securities in violation of the securities laws.

The appellate court said the central problem is that Amgen officials made material misrepresentations and omissions in violation of securities laws.

A correspondent just provided the text of material that Greenpeace has sent to the Securities and Exchange Commission (SEC) making a case that TransCanada is potentially in violation of security laws due to its use of inflated job figures as part of a strategic influence campaign to drive the Obama Administration into supporting this misguided -LSB-...]

Trial Victory by Joe Garin and Steve Keim Real Estate Broker client was sued for 1) Breach of Contract, 2) Breach of Fiduciary Duties, 3) Violation of the Securities Act, and 4) intentional and negligent misrepresentation.

However, the defendants still face charges of conspiracy, scheme to defraud and violation of securities fraud.

Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws

(ii) Within 180 days (360 if the investigated person is based abroad) from ascertaining an alleged violation of securities laws, the competent Consob office for the investigation (different from Consob's Sanction Office) must notify the investigated person with a formal letter of charge describing, inter alia, (a) the supervisory and investigation activities carried out by Consob, (b) the alleged violations, (c) the unit responsible for the proceeding, and (d) the defensive powers available to the investigated party.

''... in connection with Centra Initial Coin Offering (the «Centra ICO»), Defendants raised over $ 30 million in digital cryptocurrencies by offering and selling unregistered securities in direct violation of the Securities Act.»

The Securities and Exchange Commission has however issued a warning to celebrities telling them that they could be in violation of securities since they have promoted an Initial Coin Offering without revealing the amount and nature of their compensation.

The legal notice further grinds the investment website for failing to disclose material facts about its company, including the identity of its founding members, location of its operations, information about asset liabilities and guarantees, source code behind its proprietary «trading software,» as well as the fact that affiliate reps who receive referral rewards are in violation of the Securities Act.

The summary order, filed by State of New Jersey Bureau of Securities (BoS), accuses the entities behind Bitcoiin2Gen (B2G) of «fraudulently offering unregistered securities in violation of the Securities Law.»

«In actuality, Bitcoiin is fraudulently offering unregistered securities in violation of the Securities Law,» according to the New Jersey Bureau of Securities.

Meanwhile, cybersecurity consultant John Reed Stark, a former SEC official, presciently told Bloomberg earlier this month that in addition to the ICO issuing companies, attorneys advising those startups that are found to be in violation of securities laws were similarly at risk of being part of a regulatory «sweep,» one that he predicted would focus on the «low hanging fruit» to start.

The securities regulator has been ratcheting up its talk on ICOs that it says may be in violation of securities laws, and now they are taking action.

Countless alphabet - letter regulatory agencies around the globe beat the drum that ICOs were volatile, of questionable value and possibly operating in violation of securities laws.

However, New Jersey has since sent a cease and desist letter concerning Bitcoiin2gen's ICO, alleging that «unregistered securities» were offered in violation of securities laws.

Joseph Grundfest, commissioner for the Securities and Exchange Commission (SEC), and now Stanford Law professor, says that Initial Coin Offerings are an almost comedic violation of securities law, and should absolutely be regulated immediately.

Not exact matches

The class action, filed in United States District Court, Southern District of New York, and docketed under 18 - cv - 02213, is on behalf of a class consisting of investors who purchased or otherwise acquired BRF American Depositary Receipts («ADRs») between April 4, 2013 and March 2, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officials.

The class action, filed in United States District Court, for the District of Illinois, Eastern Division, is on behalf of a class consisting of investors who purchased or otherwise acquired Akorn's securities between March 1, 2017 through February 26, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top securities between March 1, 2017 through February 26, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officials.

She alludes to «security w / in the firm creating files on women, to potential violations of revenge porn laws, to threats.»

SEC chairman Jay Clayton said in November that he had «yet to see an ICO that doesn't have a sufficient number of hallmarks of a security,» and testified in a Senate hearing last month that he believed ICOs were in violation of the law.