In the News Today - December 18, 2019

December 18, 2019

California Attorney Charged With Extortion: A California plaintiffs’ attorney was charged with extortion after threatening to find plaintiffs to sue a company and cause a “40% stock loss” and a “public relations nightmare” unless he and his firm was paid $200 million. (Law360)

“More Joint SEC-CFTC Actions Raise Concerns Over 'Piling On'”: Two attorneys with the Willkie Farr & Gallagher law firm say that despite assurances from both U.S. Securities and Exchange Commission and U.S. Commodity Futures Trading Commission, the two agencies continue to hand down duplicative enforcement decisions. (Law360)