Tue, 01/17/2012 - 7:32pm
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A recent decision by West Virginia’s highest court could — if permitted to stand — ultimately require insurers to violate their record retention obligations, destroy broad swathes of business records, and seriously compromise insurer regulatory compliance and anti-fraud activity. The author of this article discusses the decision and its implications.
Tue, 01/17/2012 - 7:11pm
In this article, the author discusses the issue of who is considered a “foreign official” for purposes of the Foreign Corrupt Practices Act. With the courts unlikely to flesh out the limits of who constitutes a “foreign official” under the Act, the author believes that Congress should clarify the meaning of the term and provide as much precision in its definition as possible.
Sat, 01/14/2012 - 6:56pm
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This article addresses two recent decisions in New York State court concerning the ability of plaintiff insurance companies to sue defendant mortgage-backed securities transaction participants for fraud and contract claims based on misrepresentations concerning the underlying loans.|
Fri, 01/27/2012 - 4:07pm
Fri, 01/27/2012 - 1:19pm
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For nearly five years, Mr. Meyerowitz was an attorney for a prominent Wall Street law firm before founding Meyerowitz Communications Inc., a consulting company that works with some of the largest and most successful law firms in the country in the area of marketing communications law. Mr. Meyerowitz is also editor-in-chief of A.S. Pratt & Sons’ prestigious publication, The Banking Law Journal, as well as Pratt’s Privacy and Data Security Law Journal. He is a graduate of Harvard Law School. |
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Here’s a late Friday afternoon tease: the FTC and DOJ say that, as part of the “continuing effort to protect consumers from financial fraud,” they are having a news conference on Monday to discuss what they are calling a “major enforcement action involving the debt collection industry.” .jpg)
Robert Khuzami, the Director of the SEC’s Division of Enforcement, seems to be pretty defensive about claims that the federal government has not prosecuted CEOs and other executives for financial fraud in cases that led to the Financial Crisis. In fact, at remarks announcing the Financial Fraud Enforcement Task Force’s new Mortgage-Backed Securities Working Group, he declared that the SEC has been “incredibly busy in the pursuit of financia.jpg)
The laws, regulations, and issues surrounding financial fraud are some of the most important concerns to businesses and banking today. 
