Last week the Commission held the first meeting of its Crypto Task Force Roundtable, a forum for discussing issues related to crypto assets. The agency also filed three new enforcement actions, one centered on an offering fraud, a second based … This Week In Securities Litigation (Week of March 24, 2025) Read More »
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Trucking Company and its Executives Run Offering Fraud
Offering frauds come in all shapes and sizes. Many of the cases filed are essentially sham transactions. Others may be based on an actual business at the start but later turn out to be frauds. The Commission’s latest case in … Trucking Company and its Executives Run Offering Fraud Read More »
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Up-C IPOs and Tax Receivable Agreements
Webinar | April 1, 20252:00 – 3:00 p.m. EDTRegister here.
Under the right circumstances, an Up-C structure implemented in connection with an initial public offering (IPO) has the potential to deliver significant economic and tax benefits to financial sponsors and other selling shareholders. Post-IPO, these structures also may allow companies more flexibility in structuring
FCPA Institute – Zoom (April 8-10)
Since 2014, the FCPA Institute has elevated the Foreign Corrupt Practices Act knowledge and practical skills of professionals from around the world. The FCPA Institute began as an in-person event, but shifted to Zoom in 2020. The Zoom event is time and cost efficient and has resulted in greater participation from professionals around the world.
Do They Know? Do They Even Care?
In recent years, some who comment on FCPA issues and then hit the “publish” button on their computers are overtly partisan.
I sometimes wonder whether these individuals are aware that the topic they are writing about has been an FCPA topic for several decades or – even if they are aware – whether they even
Smartmatic Executives Seek An Extension Of Pre-Trial Deadlines Due To Executive Order
As highlighted in this prior post, in August 2024 the DOJ announced that a “federal grand jury in the Southern District of Florida returned an indictment … charging three executives of an election voting machine and service provider company and a former Chairman of the Commission on Elections (COMELEC) of the Republic of the Philippines
SEC Updates Guidance on the Use of Lock-Up Agreements in Rule 145(a) Transactions
On March 6, 2025, for the first time since 2008, the staff (the “Staff”) of the Securities and Exchange Commission updated its guidance on the use of lock-up agreements in connection with Rule 145(a) transactions (i.e., certain mergers, consolidations, reclassifications of securities and acquisitions of assets). Prior to the SEC’s update, if a person entering into
SEC Extends Compliance Dates for Amendments to Investment Company Names Rule
The Securities and Exchange Commission today announced a six-month extension of the compliance dates for amendments adopted in September 2023 to the Investment Company Act “Names Rule,” which addresses fund names likely to mislead investors about a fund’…
More information at SECLaw.com Read the Full Press Release
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Iron Condor Options Strategy – Key to An Offering Fraud
Offering fraud actions continue to be a staple of the Commission despite all the changes at the agency. The cases typically center on a “too good to be true” offer to potential investors. Rather than seeing the scheme for what … Iron Condor Options Strategy – Key to An Offering Fraud Read More »
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Pharma Executives Conceal FDA Recommendation Not to File For Approval
One of the things government agencies do is protect the public health. Take for example, the FDA. One of its functions is to test new drugs to ensure that they are safe and effective. Accordingly, before new prescription drugs can … Pharma Executives Conceal FDA Recommendation Not to File For Approval Read More »
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