All Trials articles
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Blog
SEC trial scorecard update: Agency starts FY 2017 with victory
Following its victory last week in an insider trading case in California, the SEC is off to a 1-0 start in its FY 2017 federal court trials.
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Blog
Final trial scorecard for FY 2016: SEC goes 4-1-1 in 6 trials
For the second straight year, the SEC litigated six federal court trials. This year, however, the SEC finally lost a trial -- albeit with an asterisk.
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Blog
2016 SEC trial scorecard update: agency now 4-1-1 after City of Miami trial
The SEC has prevailed in a jury trial against the City of Miami (which it labeled “a recidivist violator of the federal securities laws”) and Michael Boudreaux, the city’s former budget director. Bruce Carton has more enforcement hits and misses.
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Blog
2016 SEC trial scorecard update: New Mexico verdict hands agency first loss
On Wednesday, the SEC suffered its first setback in its FY 2016 federal court trials following a trial in the U.S. District Court for the District of New Mexico.
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Blog
2016 SEC trial scorecard update: agency moves to 4-0 in trial verdicts
Yesterday, the SEC continued its undefeated streak in its FY 2016 federal court trials. The SEC announced that on April 29, following a two week trial in the U.S. District Court for the Northern District of Illinois, a jury returned a verdict in favor of the SEC in its case ...
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Blog
2016 SEC trial scorecard update: agency undefeated after three trials
On Monday, February 29, 2016, a jury in the U.S. District Court for the Southern District of New York returned a verdict in favor of the SEC in the agency's third federal court trial of FY 2016. The agency remains undefeated in FY 2016having been successful in SEC v. Payton ...
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Blog
SEC Trial Scorecard Update: Agency Prevails in First FY 2016 Trial
Last week, the SEC prevailed at trial in SEC v. National Note of Utah and Wayne L. Palmer -- a bench trial alleging a Ponzi scheme. Following this victory, the SEC is now 1-0 in its FY 2016 federal court trials.
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Blog
Where are the SEC Federal Court Trials?
After a surge in FY 2014, the number of trials that the SEC is completing in federal court appears to be drying up -- with just six such trials in FY 2015 and zero to date in FY 2016.
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Blog
Final Trial Scorecard for FY 2015: SEC Goes Undefeated in 6 Trials
The SEC went undefeated in its six federal court trials in FY 2015, posting a record of 4-0-2. The SEC conducted far fewer trials than it did in FY 2014, but it was more successful. Check out the complete list of trials and the results in each case here.
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Blog
SEC Trial Scorecard Update: Jury Finds for SEC in Insider Trading Case
With just five days remaining in FY 2015, the SEC notched another victory at trial yesterday when a federal jury in Illinois found two men liable for insider trading in the securities of three acquisition targets. The case represented the SEC's sixth trial verdict in federal court in FY 2015.
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Blog
Ceresney Breaks Down Recent Results of Busy SEC Litigation Docket
SEC Director of Enforcement Andrew Ceresney recently provided some detailed updates on the work and recent results of the Enforcement Division’s national litigation program. He characterized the litigation docket as “busy,” with approximately 130 litigators in the national trial unit who are currently litigating more than 550 cases. He stated ...
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Blog
SEC Trial Scorecard Update: Jury Finds 'Feeder' Liable in Florida Ponzi Scheme
This running SEC Trial Scorecard tracks the SEC's trials and outcomes for FY 2015. To date in FY 2015, which began on October 1, 2014, the SEC has now had five trials in federal court reach a verdict (see the full list below). The most recent verdict was reached on ...
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Blog
SEC Trial Scorecard Update: Jury Returns Mixed Verdict in Willie Gault Case
After a verdict-free period that spanned three months, my SEC Trial Scorecard is finally back in action to report on yesterday's verdict in the SEC's case against former NFL wide receiver Willie Gault. This running SEC Trial Scorecard tracks the SEC's trials and outcomes for FY 2015. To date ...
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Blog
2015 SEC Trial Scorecard Update: Jury Finds Bank, CEO Liable for Fraud
As I did in FY 2014, I am again tracking the SEC's trials and outcomes for FY 2015 in this running SEC Trial Scorecard. To date in FY 2015, which began on October 1, 2014, the SEC has had three trials in federal court reach a verdict (see the ...
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Blog
2015 SEC Trial Scorecard Update: Agency is Undefeated After Two Trials
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 ...
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Blog
Final SEC Trial Scorecard for FY 2014: SEC Posts 5-7-5 Record in 17 Trials
In March 2014, I began tracking the SEC's federal court trials in FY 2014 (which began on October 1, 2013), and the results in each case. The SEC's final trial scorecard in FY 2014 included a total of 17 trials. Of those 17 trials, SEC had five outright victories in ...