Category: Firm News
Dodd-Frank Two Years Later
The signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act promised sweeping changes and more protection for consumers. Almost two years later has consumer litigation boomed as was expected? After the signing of Dodd-Frank into law, many financial companies feared that the sweeping changes it promised would alter the way they did business
Jed Capital and the Expanding Investment Contract
In Shirley v. Jed Capital, LLC[1], the district court decided that an ownership interest in an LLC can qualify as an investment contract. This decision may signify that an increasing number of transactions will become reviewable under the Securities and Exchange Act of 1933. In Jed Capital, Christopher Shirley filed a suit against Jed Capital,