EFTA00025259

The Financial Crimes Enforcement Network and federal banking regulators Franklin Soto LLP
said Friday that banks should make sure their "politically exposed" clients Fried Frank
receive customer due diligence that matches their risk levels but don't need
Gibson Dunn
to subject these clients to special extra scrutiny.
Glancy Prongay
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Haddon Morgan
SECURITIES
Hogan Lovells
Traders Sue Scotiabank After $127M Spoofing Deal With DOJ Jones Day
A pair of commodities traders sued Scotiabank on Friday after the Toronto- K&L Gates
based bank admitted in a $127 million settlement with the U.S. government King & Spalding
to an eight-year scheme to manipulate the market for precious metals futures
Kirkland & Ellis
contracts.
Latham & Watkins
Complaint attached Read full article »
Law Offices of Alan S. Futerfas
Levi & Korsinsky
Fiat Chrysler Aims To Dump Investor Suit Over UAW Bribes
Lewis Brisbois
Fiat Chrysler on Friday urged a New York federal court to ditch a stock-drop
suit accusing the automaker of concealing a scheme to bribe officials at the Lowenstein Sandler
United Automobile Workers, insisting that none of its executives was aware of Manatt Phelps
the bribery scheme and its financial disclosures therefore weren't misleading
Mark Beck Law
or inaccurate.
Marshall Gerstein
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Miller Canfield
Morgan Lewis
SEC Says There's 'No Dispute' Biotech Brass Broke Law
The U.S. Securities and Exchange Commission on Friday sought partial Mukasey Frenchman
judgments against the chief executive officer and chief financial officer of Munger Tolles
biotechnology company Osiris Therapeutics Inc., telling a Maryland federal Nussbaum Law Group PC
judge that there was no good faith argument to be made that the men didn't
Patterson & Sheridan
violate federal securities law by scheming to cook the company's books.
Paul Hastings
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Paul Weiss
SEC Sues Ex-Brokers For Role In $22M Belize Airport Ponzi Quinn Emanuel
The U.S. Securities and Exchange Commission targeted two former brokers Reed Smith
in New York federal court on Friday for the unregistered sale of securities to Ropes & Gray
about half of the investor victims in a $22 million Ponzi scheme fronted by a
Rosen Law Firm PA
purported airport project in Belize.
Scheper Kim
Complaint attached ' Read full article »
Selendy & Gay
Sheppard Mullin
CFTC Seeks $572M From Vanished Crypto Fraud Suspect
Sidley Austin
The U.S. Commodity Futures Trading Commission is seeking a default
judgment against apparent U.K. resident Benjamin Reynolds that would put Squire Patton Boggs
him on the hook for $572 million after the agency alleged he stole 22,858 Stoel Rives
bitcoins in a Ponzi scheme-like fraud and failed to appear in the case.
Sullivan & Cromwell
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Swanson Martin
Vogl Meredith
Investor Claims Ohio Utility Played Role In $60M Bribery Plot
White & Case
American Electric Power Co. Inc. is facing a proposed class action from an
WilmerHale
investor who says the utility's stock lost value after an Ohio newspaper ran
an investigative report implicating AEP in a more than $60 million corruption Wilson Elser
plot.
COMPANIES
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Amazon.com Inc.
LEGAL ETHICS American Airlines Group Inc.
American Bar Association
Dallas Atty Hit With 6-Month Suspension For Misconduct American Electric Power Co. Inc.
A three-judge panel of the Northern District of Texas has suspended a Dallas Appaloosa Management LP
criminal defense attorney from practicing before the court for six months,
Apple Inc.
finding she violated a judge's order to stop communicating with an ex-client
and lied to prosecutors. Association of Corporate Counsel
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