Securities
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The U.S. Commodity Futures Trading Commission has accused a Nevada man of running an unlicensed financial operation that bilked victims out of $11 million by purporting to offer trading services for binary options on foreign currencies, the regulator announced on Wednesday… Read this piece in its entirety at Law360.
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Vereit Inc., AR Capital LLC and others have agreed to contribute to a settlement fund of more than $1 billion in order to resolve an investor class action revolving around allegedly shady accounting practices at the real estate business formerly known as American Realty Capital Properties… Read this piece in its entirety at Law360.
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The sole general partner of ice cream giant Blue Bell Creameries can immediately appeal a Delaware court’s earlier denial of a request to let a special litigation committee take over shareholder claims tied to a deadly listeria outbreak, a vice chancellor in the First State ruled on Wednesday… Read this piece in its entirety at…
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Delaware’s Chancery Court on Friday allowed a proposed class of Tesla Inc. stockholders to go forward with most of their challenge to the approval of a 10-year compensation plan for CEO Elon Musk that’s worth up to $55 billion… Read this piece in its entirety at Law360.
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The U.S. Securities and Exchange Commission on Wednesday announced it had followed other federal agencies with responsibility for the financial sector in approving a final set of changes to the Volcker Rule’s ban on proprietary trading… Read this piece in its entirety at Law360.
Mike LaSusa 