Litigation and Alternative Dispute Resolution

By: Amos Elberg; Berger Singerman LLP (Miami, Florida, USA)

The United States Court of Appeals for the Eleventh Circuit issued an opinion on a case involving allegations of securities fraud by a broker-dealer.  The Eleventh Circuit reached a trio of holdings: the first two holdings delineate new limits to the application of the securities fraud laws to securities intermediaries; the third

has even broader application, affecting the propriety of what has, heretofore, been a standard remedy in SEC enforcement actions. Click here to read the entire article.