When an individual or a firm has been hired to invest on someone else’s behalf, they are expected to put that person’s best interests first. They’ve been hired because they are experts. They understand the market. They are supposed to use that expertise to get the...
When there are allegations of misconduct by those involved in the financial industry or the business world, it may take months, if not years, for prosecutors to move on the information they have, as building a case takes a lot of time. As a result, it is often...
The Securities and Exchange Commission (SEC) creates and enforces rules intended to protect the economic stability of the United States and the legitimacy of many domestic markets. Oftentimes, the SEC creates new rules with the intention of benefiting the domestic...
Executives and others privy to non-public business information can face insider trading allegations when their personal investments reflect the misuse of their industry knowledge. Insider trading cases often involve someone capitalizing on an upcoming business merger,...
As you know, every business and corporation has private information that details past, present and potentially future dealings, all of which had or may have an effect on current economic trends. The disclosure of sensitive private information can potentially hurt a...
Signs are pointing to a long and strategic effort to regulate what has been called the "Wild West" of the crypto market. Congress has approved a bigger budget for the Securities and Exchange Commission (SEC), and Gary Gensler, chair of the SEC, recently said of the...
The Securities and Exchange Commission (SEC) has accused Genesis, a cryptocurrency lender, and Gemini, a crypto exchange, of failing to register a product as a securities offering. The product, called Earn, was touted as providing yields of up to 8%. Earn was...
In a recent complaint, the Securities and Exchange Commission (SEC) announced charges against four individuals allegedly involved in a cryptocurrency Ponzi scheme that took in money from more than 100,000 investors worldwide. The individuals are charged in connection...
The Securities and Exchange Commission is keeping up with Kim Kardashian after she allegedly violated a provision of federal securities laws when she failed to disclose a $250,000 payment received from EthereumMax (EMAX) for touting a crypto asset. What happened? The...
Five attorneys at Ford O'Brien Landy LLP were recently acknowledged by Super Lawyers for acclaimed legal services. Congratulations to Kevin O'Brien, Adam Ford, Robert Landy, Matthew Aaron Ford and Nicolette Beuther, who were all recognized by New York Metro Super...
