In an intriguing case out of the United States District Court for the Western District of Missouri, a plaintiff’s purchase of condominium units with an option to participate in the
Continue Reading Condo Rental Programs Are Not Investment Contracts
Jumpstart Our Business Startups (JOBS) Act
Book Review– Defending Class Actions in Canada
By Ernest Badway on
We recently let everyone know about a great resource from our colleagues in Canada. Jill Yates’ work, Defending Class Actions in Canada, is the key resource for clients facing a…
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Ernest Badway to Speak at Internal Corporate Investigations and Forum for In-House Counsel National Institute
By Ernest Badway on
Ernie will be moderating a panel on investigating and responding to data breaches. The discussion will include the required specialized skills and active coordination with a company’s IT personnel and external IT…
Aiding and Abetting Claims Brought by the SEC
By Ernest Badway on
The SEC has indicated that it will continue to review potential aiding and abetting claims in light of the Janus Capital Group Inc. v. First Derivative Trader’s decision.
That decision…
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CAYMAN ISLANDS FUND REGISTRATION REQUIREMENTS
By Ernest Badway on
The Cayman Islands will amend a 2011 law to clarify that master funds will now have to register if they have even one Cayman regulated feeder fund. This registration will…
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Jim Gets Interviewed by LXBN TV, Looks Oddly Angry
By Fox Rothschild LLP on
Colin O’Keefe at LXBN TV recently asked me a few questions about crowdfunding, the hype around it and what it might really look like. At first glance, I look kind…
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Attorney Fee Requests Prorated
By Ernest Badway on
Recently, the United States District Court for the Eastern District of Washington attacked the attorney’s fees and expenses filed by plaintiff’s attorneys in a securities fraud suit.
The judge was…
New Efforts To Assist In Capital Raising
By Ernest Badway on
Recently, the SEC’s Division of Corporation Finance Director indicated that the SEC was reviewing certain issues in an attempt to assist small businesses with capital formation.
The SEC is assessing…
Lawyer Full Employment Act – Insider Trading, Hedge Funds and the FCPA
By Ernest Badway on
Recently, the Department of Justice and the Federal Bureau of Investigation indicated that they are working on enough insider trading cases regarding the hedge fund industry to take them five…
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Cutting Through the Crowdfunding Hype
By Fox Rothschild LLP on
Like many others, my interest in the JOBS Act really started with crowdfunding. This is probably because securities law is an imposing tangle of archaic acts, byzantine regulations and repetitive…