Skadden Helps Blue-Chips Ward Off Mounting Threats

Law360, New York (November 17, 2005, 12:00 AM EST) -- Earlier this week, a federal appeals court vacated more than $800,000 in fines imposed by the U.S. Securities and Exchange Commission against a Colorado investment fund accused of stock manipulation, a failure the SEC won’t be bragging about as it ramps up its corporate investigations.

While the dollar amount is small for New York-based Skadden, Arps, Slate, Meagher & Flom LLP, the victory is one of many for the firm that’s been at the heart of major securities litigation since even before the fall of Enron...
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