October 14, 2016
Private equity magnate Lynn Tilton has agreed to drop her latest federal case challenging the constitutionality of the U.S. Securities and Exchange Commission's administrative proceedings, deciding to face the agency's $200 million in-house case against her when it begins in just over a week.
October 04, 2016
The U.S. Securities and Exchange Commission urged a New York federal judge Tuesday to toss a case from private equity mogul Lynn Tilton challenging the constitutionality of its in-house administrative proceedings, saying the court lacks jurisdiction under a recent Second Circuit ruling in another Tilton suit.
September 28, 2016
Private equity magnate Lynn Tilton told a New York federal judge in a letter on Tuesday why her new suit challenging the U.S. Securities and Exchange Commission’s use of administrative proceedings passes jurisdictional muster, saying the new complaint includes due process and equal protection claims.
September 20, 2016
A New York federal judge Tuesday ordered private equity magnate Lynn Tilton to explain why a new suit she filed this month challenging the constitutionality of the U.S. Securities and Exchange Commission's use of administrative proceedings to enforce securities laws passes jurisdictional muster.
September 09, 2016
Private equity boss Lynn Tilton launched a fresh attack Friday on the U.S. Securities and Exchange Commission's use of administrative proceedings to enforce securities laws, claiming in Manhattan federal court that the commission displays an unlawful pattern and practice of denying respondents their day in court in violation of the Fifth Amendment.