Second Circuit Overturns District Court’s Rejection of SEC-Citigroup Fraud Settlement
By EsqSocial Corporation 08/07/14
In a closely-watched decision involving judicial review of agency settlements, the Unites States Court of Appeals for the Second Circuit vacated United States District Court Judge Jed Rakoff’s 2011 order rejecting a proposed $285 million settlement...
By: Sheppard Mullin Richter & Hampton LLP