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On behalf of Ford O’Brien Landy LLP Jan 27, 2021 Blog, Securities Law
According to legend, the heroic outlaw Robin Hood robbed from the rich to give to the poor. But, according to a pair of lawsuits filed by the Securities and Exchange Commission (SEC) and the state of Massachusetts, Robinhood Financial LLC is accused of taking advantage…
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On behalf of Ford O’Brien Landy LLP Dec 21, 2020 Blog, Regulatory Issues (SEC & FINRA)
Over the past 35 years, the overall number of enforcement actions taken annually by the SEC has consistently risen. In 1985, the SEC brought about 300 such actions. In recent years, that number has hovered above 800. In 2019, the SEC took 862 total enforcement…
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On behalf of Ford O’Brien Landy LLP Nov 25, 2020 Blog, Securities Law
In 2019, the former CEO and COO of MiMedx were indicted for allegedly engaging in a fraudulent scheme to inflate the Georgia-based wound care company’s revenue. Roughly a year later, both men have been found guilty on securities fraud charges. Specifically, former CEO Parker H.…
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On behalf of Ford O’Brien Landy LLP Apr 16, 2018 Blog, Regulatory Issues (SEC & FINRA)
Bombshell criminal cases like those involving Bernard Madoff garner worldwide media headlines and rock the financial sector, but they are extremely rare in the big picture. For hedge fund managers and banking executives, being on the wrong side of a civil case is a much…
