Never one to miss a chance to kick the SEC, the celebrity billionaire signed on to an amicus brief, this one filed in the U.S. Court of Appeals for the Fifth Circuit by a team from Paul Hastings.Mark Cuban knows how to hold a grudge.Written by Jenna GreeneOriginally published by Law.com TweetShareShare0 Shares

The U.S. Securities and Exchange Commission challenged a bid by a former Xerox executive to lift a gag order in his 16-year-old settlement with the agency, telling a New York federal court Tuesday that the man waived his First Amendment rights when he agreed to the consent judgment. To read full story click here Written by…

A recent appellate decision on the interpretation of federal sentencing guidelines could have a major impact on people with prior criminal records who are being sentenced for new crimes, some advocates say. To read the full story, click here. Written by Emma CuetoOriginally published by law360.com TweetShareShare0 Shares

(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…

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…