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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SEC v. Blockvest, LLC
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By Ben Suter

Proof of investors’ expectations in a company’s future business is insufficient to prove an “expectation of profits” required for an investment to be a “security” under securities laws.

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Federal Court Eschews Jurisdiction Over State Enforcement Proceeding: Enforcement Section of the Massachusetts Securities Division v. Scottrade, Inc.
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By Paul J. Dubow

*Under the federal ingredient doctrine, a well-pled complaint arises under the laws of the United States if a state law cause of action “requires resolution of a substantial question of federal law”

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