In 2009, Francis Lorenzo (“Lorenzo”) was appointed director of investment banking for Charles Vista, LLC (“Charles Vista”), a brokerage firm in New York City. Lorenzo v. Securities and Exchange Commission at 3. Lorenzo oversaw the account of Charles...
securities litigation
(LIIBULLETIN preview)
In 2000, New York Attorney General Eliot Spitzer (“Spitzer”) investigated Merrill Lynch, a global financial services firm, for allegedly issuing biased investment recommendations and illegitimately hyping up stocks to obtain business. Dabit v...
(Wex page)
Overview
The Securities and Exchange Act of 1934 ("1934 Act," or "Exchange Act") primarily regulates transactions of securities in the secondary market. As such, the 1934 Act typically governs transactions which take place between parties which are...