- Criminal Judge Asks Cotchett, Pitre & McCarthy to Weigh in on PG&E's Safety Record
- Defrauded Investors May Lose Their Right to Recovery: Trump Administration Pushes for Regulatory Changes that Would Allow Companies to Avoid Securities Class Actions Through the Use of Mandatory Arbitration Agreements
- Finra Enacts Important Rule to Protect Seniors Against Fraudulent Activity
- The CPFB Remains Under Attack: Consumers Should Care About an Agency that has Recovered More than $11.9 Billion for Everyday Workers
- Supreme Court Upholds Right to Bring Securities Act Class Actions in State Court
- Cracking Down on the “Rehab Riviera”
- Protecting Our Seniors—Stating a Cause of Action for Elder Abuse is Not as Difficult as Defendants Often Claim
- “Smart” toys raise privacy and safety concerns for kids
- Strict new privacy and data protections soon take effect in European countries
- Is your cell phone tracking every move you make?
Showing 2 posts by Mark C. Molumphy.
Defrauded Investors May Lose Their Right to Recovery: Trump Administration Pushes for Regulatory Changes that Would Allow Companies to Avoid Securities Class Actions Through the Use of Mandatory Arbitration Agreements
“Sunlight is said to be the best of disinfectants; electric light the most efficient policeman.”
– Justice Louis Brandeis”
Investors need to be aware of efforts underway to undermine their ability to redress corporate fraud. The Securities Exchange Commission (SEC) is contemplating a highly controversial change to securities policy which would allow companies to block securities class actions, which are often the only way that defrauded investors can be made whole. Read More ›
On March 20, 2018, in Cyan, Inc. v. Beaver County Employees Retirement Fund, the U.S. Supreme Court unanimously held that state courts retain jurisdiction over class actions brought under the Securities Act of 1933. The decision resolves a split among the lower courts and protects pending class actions from removal. Read More ›