Once an SEC investigation or action is underway, it is a one-way street, with the SEC controlling the speed and information along the way. Securities cases typically involve high stakes and sensitive matters that could derail more than a transaction. In this article, Paul Vorndran highlights several important issues that transaction and business attorneys should… Read more »
Once an SEC investigation or action is underway, it is a one-way street, with the SEC controlling the speed and information along the way. Securities cases typically involve high stakes and sensitive matters that could derail more than a transaction. Paul Vorndran shares some of the issues to be aware of and manage for transaction… Read more »
Securities laws vary by state and typically require issuers to register their offerings and provide financial details of the deal and the entities involved. Watch Video Now By Paul Vorndran Blue Sky laws are anti-fraud security statutes that can be found in all 50 states in the United States. Most states adopted some variation of… Read more »
Defending securities actions requires strategy in navigating a tricky process and qualified answers at critical decision points during an SEC investigation. Watch Video Now By Paul Vorndran Defending securities actions on behalf of clients requires strategy in navigating a tricky process, which can be unique in each situation. If you are interested in this… Read more »
Securities regulators are coming down hard on real estate investments that cross the line into unregistered securities. What this looks like and when to be wary. By Paul Vorndran Securities scams move to where the money is, and today, that includes real estate. When these deals go bad, real estate development cases can turn… Read more »
What must – and should — a non-registered company do when the SEC comes calling? By Paul Vorndran and Blaine Bengtson It is well known that the U.S. Securities and Exchange Commission is the nation’s primary regulator of activities related to securities. The SEC has the authority to investigate registered entities and financial professionals affiliated… Read more »
Accelerated enforcement actions and new rapid response techniques at the SEC are likely to be with us for the long-haul. By Paul Vorndran Despite mandatory telework and asset reallocations, 2020 was a record year for whistleblowers and financial remedy orders at the Securities and Exchange Commission, according to the Division of Enforcement 2020 Annual Report… Read more »
Jury trial dates in courts across Colorado are moving targets in 2021, with each district acting independently on when and where to get back to work. By Paul Vorndran. Governor Polis moved the state of Colorado from Level Red to Level Orange on the COVID-19 dial on January 4, 2021. As people began to move… Read more »
The SEC’s proposed order has implications for all sellers. While meant to open private capital markets and expand finder activities, the unintended consequence may be the blurring of the lines between finders and sellers, subjecting unwitting investment advisers and insurance producers to claims for unlicensed securities sales. By Paul Vorndran. Issued October 7, 2020, the… Read more »
The gray area, where “suitable” activities cross over to activities that are fiduciary in nature, is when disputes that drive consequential outcomes happen. By Paul Vorndran There is not always a bright-line test for determining when an individual’s activities cross the line from insurance producer to investment adviser, or when suitability crosses over to… Read more »