May 8, 2023
Blockchain Coming To Your Block
Joseph Bizub, Justin Peralta and I wrote the lead story for latest issue of N.Y. Real Property Law Journal, Blockchain Coming to a Block Near You: How FinTech is Changing Real Estate Investing. You can find it on page 5: … Continue reading
May 8, 2023 in Securities and Exchange Commission | Permalink | No Comments
December 14, 2015
Monday’s Adjudication Roundup
EB-5 fraud case will get a jury trial contrary to the request from the SEC. The court rejected the SEC’s attempt to block it claiming it came too late. Wells Fargo settles with a group of homeowners for $25.7 million … Continue reading
December 14, 2015 in Securities and Exchange Commission | Permalink | No Comments
November 30, 2015
Monday’s Adjudication Roundup
BNY Mellon files a brief on writ for cert with the Supreme Court warning the potential for “warping” the residential mortgage-backed securities market if it overturns the Second Circuit’s decision finding that provisions of the Trust Indenture Act did not … Continue reading
November 30, 2015 in Securities and Exchange Commission | Permalink | No Comments
November 2, 2015
Monday’s Adjudication Roundup
Federal judge grants the SEC request for appointment of a receiver for the $136 million EB-5 fraud case involving Path America LLC and its two subsidiaries to monitor the companies to ensure their assets are not lost during the proceedings. … Continue reading
November 2, 2015 in Securities and Exchange Commission | Permalink | No Comments
October 19, 2015
Monday’s Adjudication Roundup
The U.S. Securities and Exchange Commission were granted its request to freeze Luca International Group LLC’s CEO’s assets. He allegedly engaged in a “Ponzi-like” scheme with EB-5 investors. New York appeals court revived claims against Nomura Holdings Inc. brought by … Continue reading
October 19, 2015 in Securities and Exchange Commission | Permalink | No Comments
September 28, 2015
Monday’s Adjudication Roundup
Union pension funds have filed a petition for cert in the U.S. Supreme Court to consider whether Bank of New York Mellon Corp. is liable for failure in oversight of 26 trusts of over $30 billion in residential mortgage-backed securities. … Continue reading
September 28, 2015 in Securities and Exchange Commission | Permalink | No Comments
July 20, 2015
Monday’s Adjudication Roundup
Primary Capital Advisors LLC will face suit for selling bad loans to a Residential Capital LLC subsidiary, putting the parent company into bankruptcy, because the contract language was ambiguous. California federal court approved Diversified Lending Group’s $163 million settlement with … Continue reading
July 20, 2015 in Securities and Exchange Commission | Permalink | No Comments
