U.S. Securities Law Briefing: Bad Actors Spoiling the Bunch? Conditions, Consequences and Cures

  Companies facing government enforcement or administrative actions often focus their attention narrowly on a few key issues, such as their chances of success at trial, their potential settlement payments and the prospects of follow-on litigation. While these areas of focus are understandable, it is critical that companies also understand the so-called “bad actor” disqualification rules under the U.S. federal securities laws. Absent an express waiver by the U.S. Securities and Exchange Commiss