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SEC widens insider trading net

When the U.S. Securities and Exchange Commission filed federal fraud charges against the powerful New York hedge fund Galleon Management and its billionaire owner, officials seized the opportunity to issue a warning to those working in the industry. “Today, tomorrow, ...

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Case Law For In-House Counsel

Below are summaries of important opinions affecting in-house attorneys issued by the 1st and 2nd circuits. 1st Circuit Banks and banking Credit card – Rate increase Where a judge dismissed a class action that challenged the validity of a defendant ...

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Boston Scientific pays $22M

Medical device-maker Boston Scientific will pay $22 million to resolve allegations its Guidant division paid kickbacks to doctors to get them to use its heart devices. The U.S. Department of Justice said Guidant paid physicians $1,000 to $1,500 each in ...

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