November 05, 2014
A former NIR Group LLC analyst who admitted to fraud and taking kickbacks while at the defunct investment firm, but who has cooperated with investigators, avoided prison Wednesday in Brooklyn federal court, though the sentencing judge expressed frustration that millions of dollars connected to the crimes remain "in the ether."
March 25, 2013
A U.S. Securities and Exchange Commission suit cannot be dismissed on grounds that the agency failed to comply with a Dodd-Frank Act rule requiring it to seek approval for delays in filing complex cases, a New York federal judge ruled Sunday.