All Insights

Attorney Authored

Ruling may encourage SEC to pursue broader theories

May 16, 2019

By John Nowak

After a string of high-profile Supreme Court defeats, the SEC finally won one. Recently, in Lorenzo v. Sec. Exch. Comm'n, 2019 DJ-DAR 2499 (March 27, 2019), the Supreme Court upheld a D.C. Circuit ruling that a director of a registered broker-dealer was liable for securities fraud when he cut-and-pasted false statements prepared by his boss and at his boss's direction, emailed those statements to potential investors.

This article was originally published in The Daily Journal.

Practice Areas

For More Information

Image: Nick Morgan
Nick Morgan
Partner, Litigation Department
Image: John P. Nowak
John P. Nowak
Partner, Litigation Department

Get In Touch With Us

Contact Us