The theory of scheme liability begins with the language of Rule 10b-5, amplified by the Supreme Court in several decisions. The subsections of the rule use the word “scheme” and “device.” While it is clear that the provisions of the …
The theory of scheme liability begins with the language of Rule 10b-5, amplified by the Supreme Court in several decisions. The subsections of the rule use the word “scheme” and “device.” While it is clear that the provisions of the …
$65 million to settle one options backdating case Despite agreeing to pay what is reported to be one of the largest settlements in a securities class action based on backdating, semiconductor process control company KLA-Tencor Corp. still faces a tangle …