« "Spitzer Prosecution Train" NOT in a Lull | Main | Update on the AT&T Trial.... $100 Million Settlement »

Daily Posts

May 2008
Sun Mon Tue Wed Thu Fri Sat
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

About SLW

Events

Subscribe

Email Alerts

Subscribe and receive email alerts when new articles are published!

Enter Your Email Address

U.S. Code

Code of Federal Regulations

Tuesday, October 26, 2004

SEC Weighs in on "Primary Violators" of Section 10(b)

Compliance Week has this article summarizing the SEC's decision to file an amicus brief in the Homestore.com securities class action litigation (and quoting yours truly). The SEC's position is that where a third party such as AOL in the Homestore.com case "engages with the corporation in a transaction whose principal purpose and effect is to create a false appearance of revenues, intending to deceive investors in the corporation’s stock, it may be a primary violator." A copy of the SEC's brief is available here.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

TrackBack

TrackBack URL for this entry:
http://blog.riskmetrics.com/cgi-bin/mt-tb.cgi/386

   
 
About RiskMetrics Group | Disclaimer

Copyright © 2007 RiskMetrics Group
The World Leader in Proxy Voting and Corporate Governance Services

Powered by Movable Type 3.36