SEC Made Numerous Material Misrepresentations to Utah District Court ***UPDATED BELOW – 3/19/24*** ***SECOND UPDATE BELOW – 4/19/24*** For a government agency with the talent and resources of the Securities and Exchange Commission, its ability to lose its focus and score an own goal is sometimes remarkable. At the same time the Supreme Court has…
Continue reading ›Bragança Law LLC || February 10, 2024 In a unanimous opinion announced just Thursday of this past week, the United States Supreme Court rejected the attempt of securities industry players to remove a key protection for SEC whistleblowers. In the case Murray v. UBS, the Supreme Court reversed an opinion of the Second Circuit Court…
Continue reading ›DOJ and U.S. Treasury Announce Binance Plea Agreement
Continue reading ›In a bankruptcy proceeding, trustees can use state fraudulent transfer law to “claw back” certain prebankruptcy payments made by the debtor. Those funds are then available for distribution to creditors as part of the debtor’s estate. The Ninth Circuit Court of Appeals recently held that the IRS is not exempt from these clawback claims. In re…
Continue reading ›
