SEC EXPERT WITNESS CASE STUDIES

SEC receiver seeks to recoup false profits from hedge fund investors SEC Expert Case

…  Securities and Exchange Commission filed an enforcement action against the …  operator pleaded guilty to a multi-count indictment for securities fraud, wire fraud, mail fraud and other charges. The SEC appointed a receiver who sued numerous hedge fund investors seeking to claw …

Corporate Experts Comment on Proxy Regulations in “Poison Pill” Agreement SEC Expert Case

…  believes there ought to be exceptions to the U.S. Securities and Exchanges Commission’s proxy rules, since the company had been …  power, a respected expert on rules and regulations of the Securities and Exchanges Commission was inquired after to testify about proxy …

Mortgage Company Executives Face SEC Action Over Misrepresentations SEC Expert Case

…  is a Securities and Exchange Commission enforcement action for fraudulent …  it to margin calls if the value of certain of its securities fell below certain thresholds, received more than $300 million in …  losses associated with its adjustable-rate-mortgage (ARM) securities were temporary and therefore did not need to be recognized in the …

Derivatives Expert Opines on Banking Violations SEC Expert Case

Derivatives Expert Opines on Banking Violations

This case involves a class of shareholders of a large commercial bank, who sought economic damages and alleged that the actions of the defendant, “the Bank”, were not in regulatory compliance. The shareholders maintained that the defendant engaged in d …

Accounting Expert Witness Withstands Daubert Challenge in SEC Case SEC Expert Case

…  SEC v. Lucent Techs., Inc., 610 F. Supp. 2d 342 (D.N.J. 2009) BACKGROUND: …  These extra-contractual commitments, according to the SEC, casted substantial doubt on Lucent’s ability to collect payment on these …  pre-tax income in its financial statements filed with the SEC. The SEC‘s charges against the higher-ups in Lucent’s sales division were …