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Wall Street Tip-Off Law Critical to Drawing Out Corporate Whistleblowers
At one point in the 1999 movie "The Insider," 60 Minutes producer Lowell Bergman (portrayed by Al Pacino) tells distraught Big Tobacco whistleblower Jeffrey Wigand, "Guys like you are in short supply." Bergmann's right. Whistleblowers...
Balancing Sensible Governance against Failed Principles: Is this the End to the Wild West of Investing?
Like the Wild West , hedge funds are a largely unregulated investment vehicle marketed as a tool for reaping large returns for investors willing to accept higher risk. In the current climate of market volatility, it appears that a sheriff is riding into...
SEC Settlements Compared to Settlements in Private Shareholder Class Actions
NERA Economic Consulting has just published a report on SEC Civil Enforcement Settlements over the past few years. The study, SEC Settlements: A New Era Post-SOX , provides an overview of trends NERA has identified in the number of settlements and settlement...