Month: January 2009

The U.S. Attorney’s Office for the Southern District of New York took the extraordinary step of dismissing all criminal charges brought against former OMB Director David Stockman and three other defendants. The indictment was based on an alleged accounting fraud …

Criminal Fraud Charges Dropped Against Stockman And Others Read More »

This week, the Madoff scandal continued to dominate securities litigation news. Congressional hearings opened in the House of Representatives about the matter with testimony from the SEC’s Inspector General, who is conducting an internal inquiry regarding the Commission’s investigative efforts …

This Week In Securities Litigation (January 9, 2009) Read More »