Tag Archives: financial fraud investigator

New York Court of Appeals Finds Private Right of Action is Not Precluded Under the Martin Act

Last year, in our December 2010 blog post, we reported about the “Martin Act” which provides the New York Attorney General with the authority to file civil or criminal charges for fraud in connection with the offer and sale of … Continue reading

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Securities Class Actions: Should Claimants Plead Section 20(b) in Light of Janus?

Securities law practitioners are undoubtedly aware of the U.S. Supreme Court’s decision in Morrison v. Nat’l Australia Bank, which appears to have significantly narrowed the scope of a plaintiff’s implied right of action under Section 10 of the Securities and Exchange … Continue reading

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Is Mandatory Audit Firm Rotation Necessary for True Audit Independence?

The Public Company Accounting Oversight Board, also known by the forgettable initials PCAOB, was established pursuant to the Sarbanes-Oxley Act of 2002. The PCAOB defines its mission as overseeing the audits of public companies in order to protect the interests … Continue reading

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