December 2011
1 post
8 tags
Corporate Enemy #1: Judge Jed Rakoff
U.S. district Judge Jed Rakoff last Monday sent corporate defendants running scared to their vaults of money after rejecting a settlement with the Securities and Exchange Commission (SEC).
The brazen decision from Judge Rakoff against Citigroup created blistering implications for corporations seeking to settle shady law suits without disseminating clandestine information that would make them look...