Tag Archive for: white collar crime; sec; settlement; confidentiality; rakoff; second circuit; citigroup

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The Fake News Problem in Corporate America

There is a huge branch of the “fake news” business that gets no attention at all: the fake news consumed each day by corporate America that has nothing to do with politics, but everything to do with business – the bulk of the $18 trillion…
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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…