Lorenzo v. SEC
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By Jill I. Gross

Primary liability for securities fraud can be imposed on one who is not a “maker” of a fraudulent misstatement under SEC Rule 10b-5(a) or (c).

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SEC v. Lek Securities Corp.
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SEC vs. Lek Securities Corp., No. 1:17-cv-01789 (S.D. N.Y., 3/14/19).

Analyzing the proffered testimony of five experts and weighing the reliability and relevance factors laid out in Daubert,

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SEC v. Platinum Management
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By Jeremy Root

Legal fee agreements that undertake to indemnify corporate officers accused of wrongdoing may also provide for advancement of legal fees;

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FINRA Releases 2019 Regulatory and Exam Priorities. Focus Is On Emerging Areas. Arbitration Again Not on the List.
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FINRA announced its 2019 regulatory and exam priorities in a Cover Letter to member firms that included a link to a newly-named seven-page Risk Monitoring and Examination Priorities Letter addressed to the securities industry.

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SEC v. Navellier & Associates, Inc.
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By Paul J. Dubow

*In general, disclosing attorney client communications to a third party undermines the attorney client privilege. **There is an exception to the general rule waiving the privilege when communications are disclosed to a third party where the third party is assisting counsel but it is limited and only applies when the third party’s services are nearly indispensable to the attorney.

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Turbeville v. Department of Financial Services
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By Burton W. Wiand

That a state insurance agency relies, for revocation purposes, upon a sanction for refusing a FINRA Rule 8210 request,

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