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2015 SEC Trial Scorecard Update: Agency is Undefeated After Two Trials

Bruce Carton | November 30, 2014
Last year's SEC Trial Scorecard for FY 2014 is in the books, so it is time to get started on our FY 2015 SEC Trial Scorecard. The SEC Trial Scorecard tracks the SEC's trials in federal court, along with the outcome. 
 
To date in FY 2014 (which began on October 1, 2014), the SEC has had two trials in federal court reach a verdict. The first verdict was in the SEC's case against iShopNoMarkup.com, Inc. in the U.S. District Court for the Eastern District of New York. In that case, the SEC charged that in 1999-2000, among other things, iShop conducted a fraudulent and unregistered securities offering. The SEC claimed that
iShop distributed offering memoranda and other documents to investors that misrepresented, and...
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