Entries by Philip Segal

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What the Judge Rakoff Decision Says About Investigating Settlements

Federal District Court Judge Jed Rakoff shook up the securities bar with his widely reported rejection of a settlement between the Securities and Exchange Commission and Citigroup. The decision and order has thrown into turmoil decades of what Judge Rakoff sees as shoddy enforcement practice. It’s nicely laid out on the PorterWright Federal Securities blog, […]