Jed Rakoff

• 

  SEC Enforcement Roundup: CR Intrinsic Slapped With Record Insider Trading Fine

  By Marlene Y. Satter, AdvisorOne  |  March 21, 2013

  The SEC settlement by CR Intrinsic was for $600 million, the largest ever in an insider trading case; meanwhile, a financier was charged in a scam involving pre-IPO Facebook stock.

• 

  SEC Enforcement Roundup: Husband and Wife Charged in Charity Fraud Against Seniors

  By Marlene Y. Satter, AdvisorOne  |  February 7, 2013

  Also among recent enforcement actions was the sentencing of an insider trading informant who managed to avoid prison time for his cooperation.

• 

  Oppenheimer Pays $35 Million for Misleading Advisors and Shareholders

  By Gil Weinreich, AdvisorOne  |  June 6, 2012

  Standard investment industry warnings about reading the prospectus would have done little good to investors in two Oppenheimer bond mutual funds, whose misleading statements cost the fund company $35 million in SEC sanctions.

• 

  Mets Settle Madoff Case for $162 million

  By John Sullivan, AdvisorOne  |  March 19, 2012

  The controversy over the Mets owners' involvement with Bernie Madoff came to a swift end on Monday as a $162 million settlement was reached just before trial.

• 

  New York Appeals Court Gives SEC-Citigroup Deal New Life

  By Larry Neumeister, Associated Press  |  March 16, 2012

  A federal appeals court said Judge Rakoff likely overstepped his authority when he blocked the SEC's $285 million settlement with Citi over toxic mortgage securities.

• 

  Mets’ Owners Ordered to Trial Over Madoff Gains

  By John Sullivan, AdvisorOne  |  March 5, 2012

  Bad news for the New York Mets that goes way beyond their perennial bullpen issues: A judge ruled owners Fred Wilpon and Saul Katz will have to forfeit as much as $83 million in allegedly ill-gotten gains and will go to trial over another $303 million. Both findings are related...

• Another Judge Challenges SEC Settlement

  By Marlene Y. Satter, AdvisorOne  |  December 23, 2011

  Milwaukee Judge Randa’s objections are reminiscent of Judge Rakoff’s criticisms of the SEC’s settlement with Citigroup. Indeed, Randa cited Rakoff in his filing.

• 

  SEC Slapped Down in Two Cases Against Banks

  By Gil Weinreich, AdvisorOne  |  October 28, 2011

  U.S. District Court Judge Jed Rakoff administered a mighty tongue-lashing to the SEC in a proposed settlement with Citigroup the same day his colleague on the bench Miriam Goldman Cedarbaum dismissed fraud charges against a JP Morgan executive.

• Editor's Choice for the Week of February 8, 2010: Obama Meets on Economy, While Budget and Trade Deficits Are Reported

  By James J. Green, AdvisorOne  |  February 8, 2010

  What's happening this week.

• Ken Lewis to Step Down at Year-end

  By Kathleen McBride, AdvisorOne  |  October 1, 2009

  Bank of America CEO Ken Lewis announced that he would retire early from the bank at the end of the year.