The U.S. Securities and Exchange Commission may face new challenges to its enforcement authority from the way it imposes industry bars to the burden of proof needed to bring its civil cases, two frequent legal opponents of the agency said Tuesday. Russ Ryan, senior...
Supreme Court to hear Starbucks case about fired pro-union employees
On Tuesday, the Supreme Court will hear Starbuck’s appeal of a judge’s decision requiring the company to rehire a group of seven pro-union employees. The case involves a group of Starbucks employees who worked at a store in Memphis, known as the “Memphis Seven.” In...
Newman’s Counsel Says Supreme Court’s Agreement with Her Dissent Proves Mental Fitness
The U.S. Supreme Court today reversed an en banc decision of the U.S. Court of Appeals for the Federal Circuit (CAFC) in which Judge Pauline Newman dissented, a development Newman’s lawyers say belies CAFC Chief Judge Moore’s opinion that Newman is mentally unfit to...
SEC hit with new lawsuit alleging ‘mass surveillance’ of Americans through stock market data
The Securities and Exchange Commission (SEC) is illegally collecting data of every citizen who invests in the stock market, according to a new lawsuit. The New Civil Liberties Alliance (NCLA) filed the suit Tuesday against the SEC claiming that the agency, through its...
OPINION: The Securities and Exchange Commission Is Watching You
The Securities and Exchange Commission is deploying a massive government database—the Consolidated Audit Trail, or CAT—that monitors in real time the identity, transactions and investment portfolio of everyone who invests in the stock market. As SEC...
Doctors Say MSU Vax Mandate Suit Needs High Court Review
Three doctors urged the U.S. Supreme Court to take up a case challenging Michigan State University's vaccine mandate after the Sixth Circuit backed the suit's dismissal, arguing that the circuit court should have applied a stricter standard when considering whether...
Biden Details Student Loan ‘Plan B’ as He Woos Young Voters
President Joe Biden offered details of a sweeping alternative student debt plan that would offer relief to tens of millions of American borrowers during a visit to the college town of Madison, Wisconsin, as he seeks to excite young voters frustrated after his original...
Lawsuit Seeks To Stop The SEC’s Decade-Long Assault On Your Investment Data And Basic Rights
A new lawsuit exposes an extreme and multifaceted disregard for the Constitution by the administrative state. The Securities and Exchange Commission unconstitutionally mandated the seizure of data of every purchase or sale of securities in the U.S. markets, a lawsuit...
96-year-old judge cites colleagues’ ‘pattern of harassment’ in bid to preserve lawsuit
April 5 (Reuters) - U.S. Circuit Judge Pauline Newman asked a Washington, D.C., federal court on Friday to reject a bid from her fellow judges on the U.S. Court of Appeals for the Federal Circuit to end her lawsuit over their decision to suspend her from the bench......
A Look At Recent Challenges To SEC’s Settlement ‘Gag Rule’
The settlement policy of the U.S. Securities and Exchange Commission does not allow settling while denying the allegations the commission has brought against the defendant or respondent... Mike Blankenship is a partner and Regina Maze is an associate at Winston &...