Tag: sham transaction

A jury in Connecticut largely acquitted three former Nomura Securities RMBS trades charged with conspiracy, securities and wire fraud tied to allegations that the securities were mismarked. This is the second criminal case where jurors rejected such claims. The SEC …

This Week In Securities Litigation (Week ending June 16, 2017) Read More »

Tagged with: , ,

A miller claimed his daughter could spin straw into gold, according to the fable by the Brothers Grimm. And so she did – with a little help from a secret deal with Rumpelstiltskin. A turnaround artist hired by two underwater …

Spinning Debt Into Profits Yields SEC Fraud Charges Read More »

Tagged with: , ,