May 02, 2017
A partner at Nelson Mullins Riley & Scarborough LLP agreed Tuesday to pay almost $95,000 to settle an Ohio federal lawsuit filed by the U.S. Securities and Exchange Commission that alleged he was involved in a pay-to-play scheme between client State Street Corp. and a Buckeye State official.
October 20, 2016
An Ohio federal judge on Thursday refused to dismiss the U.S. Securities and Exchange Commission's suit against a Nelson Mullins Riley & Scarborough LLP partner, finding his alleged involvement in a pay-to-play scheme while representing State Street Corp. had enough connection to securities transactions.
April 21, 2016
A Nelson Mullins Riley & Scarborough LLP partner on Thursday again pushed for dismissal of allegations by the U.S. Securities and Exchange Commission that he was involved in a pay-to-play scheme while he represented State Street Corp., arguing the purported activity never involved the sale of securities.
April 05, 2016
A Nelson Mullins Riley & Scarborough LLP partner misstated the law regarding the U.S. Securities and Exchange Commission's authority to sue him over an alleged pay-to-play scheme in his recent bid to have the case tossed, the agency argued in a Monday filing in Ohio federal court.
March 15, 2016
A senior Nelson Mullins Riley & Scarborough LLP partner has urged an Ohio federal judge to dump a U.S. Securities and Exchange Commission lawsuit against him on the grounds that the agency doesn't have authority to sue him over an alleged pay-to-play scheme because it didn't involve the sale of securities.
January 15, 2016
The U.S. Securities and Exchange Commission dropped a bombshell Thursday in naming a BigLaw attorney in its enforcement action targeting financial services behemoth State Street Corp. over an alleged pay-to-play scheme, but the case is emblematic of the agency's drive to cast a wider net and hold so-called gatekeepers accountable.
January 14, 2016
The U.S. Securities and Exchange Commission on Thursday said a State Street Corp. unit has agreed to pay $12 million to settle allegations that it took part in a pay-to-play scheme to win servicing contracts for Ohio pension funds, while a Nelson Mullins Riley & Scarborough LLP partner is facing accusations of facilitating the purported scheme.