Benefits And Dangers Of An SEC Wells Submission

Law360, New York (December 17, 2009, 1:04 PM EST) -- The principle of Primum non nocere, or first do no harm, has been a fundamental teaching to medical students for hundreds of years.

This logical proposition, that it is sometimes better to exercise restraint in response to a known danger then to take action that might make matters worse, is valuable advice not just for doctors, but lawyers as well.

This advice is especially timely for counsel defending actions against the U.S. Securities and Exchange Commission in the current heightened enforcement environment.[1]

The SEC has recently...
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