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Massive Venezuelan Banking Bribes Result in Guilty Pleas

Bribery

Senior Venezuelan Banking Official Received at Least $5 Million in Bribes in Exchange for Directing Business to U.S. Defendants   Preet Bharara, the United States Attorney for the Southern District of New York, and Leslie R. Caldwell, the Assistant Attorney General for the Criminal Division of the United States Department of Justice, announced the guilty

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Statement of Manhattan US Attorney Preet Bharara on Rikers Island Corrections Conviction

  “Our efforts to reform Rikers Island continue.  Following last week’s conviction of correction officer Austin Romain for taking bribes and smuggling drugs into Rikers Island, today a jury convicted former Rikers Island captain Terrence Pendergrass of a federal civil rights crime.  The jury unanimously found that Pendergrass violated Jason Echevarria’s constitutional rights by deliberately

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FINRA Proposes Changes to the Equity Research Analyst and Equity Research Report Rule

Morrisonfoerster logo blk med

Morrison Foerster – On November 18, 2014, the Financial Industry Regulatory Authority, Inc. (“FINRA”) filed a proposed rule change with the Securities and Exchange Commission (the “SEC”) to adopt NASD Rule 2711 as new FINRA Rule 2241 with significant modifications.1 The proposed changes reflect a more flexible principles-based approach and incorporate many of the FINRA

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Former University Professor Gets Five Years for Sex with Minor

  WASHINGTON – A former university professor was sentenced today to five years in prison for traveling in foreign commerce to engage in sexual conduct with a minor, announced Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division.   Walter Lee Williams, 66, of Palm Springs, California, was charged with engaging in

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