(CN) – Saying he is one of 4,000 federal prisoners being confined past sentence calculations, an Illinois man brought a federal complaint to secure his immediate release.Robert Shipp filed the suit Friday in Washington with attorneys at New Civil Liberties Alliance. Though he was initially sentenced to life in prison on federal drug charges filed against him…

The latest episode in the seven-year battle between a former San Diego investment adviser and the SEC over allegedly misleading marketing – a case that gave the IA a U.S. Supreme Court victory last year – has the Justice Department arguing that Ray Lucia can’t seek to dismiss the continuing ALJ enforcement action against him.…

Yesterday, the SEC voted 3-1 – with Commissioner Jackson dissenting – to propose changes to Exchange Act Rule 12b-2’s definitions of “accelerated filer” & “large accelerated filer.” Here’s the 150-page proposing release. This excerpt from the “fact sheet” in the SEC’s press release announcing the proposal summarizes the proposed changes (we’ll be posting memos in our “Accelerated Filers” Practice Area): The proposed amendments would: – Exclude…

The New Civil Liberties Alliance has filed a Motion for Relief from Judgment with the U.S. District Court for the Southern District of New York on behalf of Barry D. Romeril. Mr. Romeril served as the Chief Financial Officer of the Xerox Corporation from 1993-2001. NCLA has asked the court to remove a gag order…

Nearly 16 years ago, former Xerox Corp. chief financial officer Barry Romeril was among six executives at the company who settled fraud charges with the U.S. Securities and Exchange Commission without admitting or denying guilt. Now, Romeril wants the public to hear his side of the story. But in order to speak out about what happened, Romeril…

A 10th Circuit panel decided Tuesday to deny a man’s request to keep his bump stock while his appeal over the federal government’s ban on the firearm device is heard. Chairman of the Utah Shooting Sports Council W. Clark Aposhian sued the Bureau of Alcohol, Tobacco, Firearms and Explosives in January after the Trump administration…