Throughout the week over at Securities Docket, I highlight the most interesting columns and blog posts from around the web on the subjects of SEC enforcement and securities litigation. Here is a digest of my picks for the week ending April 8.

SEC charges FDA employee with insider trading: One-off or trend?

Professor Bainbridge | Stephen Bainbridge | Apr 8, 2011

The interesting question is whether the Liang case portends greater SEC attention to insider trading by government employees. There's a lot of chatter these days about political intelligence, but that's not this case. This is classic insider trading by somebody with access to confidential information. Moreover, it's insider trading by a guy who made classic boneheaded errors.

Demand for Twitter hedge fund exceeds expectations

IR Web Report | Dominic Jones | Apr 8, 2011

A hedge fund that plans to use Twitter sentiment to predict the stock market has seen so much demand from investors that it has been forced to delay its launch and change its corporate structure to accommodate more investors, according to one of its founders.

Identifying Chinese Characters: Accounting Fraud Lawsuits Against Chinese Companies Surge

The D&O Diary | Kevin LaCroix | Apr 4, 2011

With four more securities suits involving Chinese or China-linked companies this past Friday, the phenomenon of securities class action lawsuits against these firms has emerged as one of the most distinct securities litigation trends so far this year.

Exploring Securities Class Actions In Australia

Securities Litigation Watch | Luke Green | Apr 2, 2011

Securities Class Action Services has found some form of securities class action authorized by law in at least 15 countries. The reality is, however, that most non-U.S. securities class actions are litigated in one of four countries: Canada, Australia, Taiwan, and/or the Netherlands. Understanding Australian securities class actions, therefore, is a key component for any shareholder wanting to pursue their rights against securities fraud in non-U.S. countries.

Bribery and the Gathering Storm Over Compliance

DealBook | Peter Henning | Apr 2, 2011

Yet companies can hardly ignore the obligation to implement vigorous compliance procedures if they do business in Britain and want to remain in compliance with the internal control requirements imposed by the Sarbanes-Oxley Act. So while the Bribery Act strongly encourages companies doing business there to enhance their compliance procedures to lay the groundwork for a defense to any charge, the Dodd-Frank Act may lead employees to bypass those programs in order to report potential wrongdoing to the S.E.C. and reap a reward.

Topics