News

Jessie Gabriel Comments on Drop in SEC Administrative Proceedings

News / July 5, 2017

Partner Jessie Gabriel is quoted in an article published July 5, 2017, by Compliance Reporter. The article, “SEC Faces Supreme Court on Administrative Proceedings,” discusses a decline in the number of proceedings the Securities and Exchange Commission (SEC) is bringing before its administrative law judges (ALJs) as the controversial practice now appears set to be considered by the U.S. Supreme Court.

Gabriel told the publication, “It does seem like, speaking generally, there’s been a bit of a shift in attitude. The ALJs are aware of the controversy and the general accusation that the proceedings themselves are set up unfairly.”

Read the article (registration required).

Blog

In The Blogs

Previous Next
Class Action Lawsuit Defense
Seventh Circuit Ties Class Counsel’s Recovery of Attorneys’ Fees to Amount Claimed by Class, in Context of a Judgment
November 20, 2017
On November 14, 2017, the Seventh Circuit issued its third opinion ending a class action that was almost a decade old. Holtzman v. Turza, No. 17-2330, 2017 WL 5450484 (7th Cir. Nov. 14, 2017). The class action alleged that the defendant...
Read More ->
Financial Services Blog
Cordray to Resign as CFPB Director
November 16, 2017
In an email to CFPB staff on Wednesday, Director Richard Cordray announced that he will resign by the end of November. Although it is rumored that Director Cordray will run for governor of Ohio, he did not specify his future plans in the...
Read More ->
Class Action Lawsuit Defense
TCPA Class Denied Certification Due to Binding Authority of Yaakov and Proof of Individualized Issues of Consent
November 13, 2017
A recent order from the Northern District of Illinois granted a defendant’s motion to deny class certification regarding “unsolicited” fax advertisements allegedly sent in violation of the Telephone Consumer Protection Act (TCPA). The...
Read More ->
Financial Services Blog
Second Circuit: Secured Lender Not Entitled to a Make Whole Premium in “Cramdown” Restructuring, But May Be Entitled to Higher Interest Rate
October 31, 2017
On October 20, in Matter of M.P.M. Silicones, L.L.C. (“M.P.M. Silicones”), the United States Court of Appeals for the Second Circuit held that secured noteholders were not entitled to an approximately $200 million make-whole premium when...
Read More ->
Class Action Lawsuit Defense
Eleventh Circuit Outlines the Key to an Individual Arbitration Agreement
October 10, 2017
The Eleventh Circuit recently upheld an arbitration agreement in a consumer class action involving checking overdraft fees. In Johnson v. KeyBank N.A., 11th Cir. No. 15-10779 (Sept. 26, 2017), the plaintiffs brought a putative class action...
Read More ->