WASHINGTON, June 30 (Reuters) – Wall Street’s industry regulator fined Robinhood Financial LLC $70 million on Wednesday for “systemic” failures, including systems outages, providing “false or misleading” information, and weak options trading controls, saying those factors combined harmed millions of the app’s customers. The Financial Industry Regulatory Authority (FINRA) fine is the latest hit to […]

BY ANDY Z. WANG Attorneys defending former Chemistry department chair Charles M. Lieber, who was charged with lying to federal authorities examining his ties to China, said during a status conference last month that Lieber’s cancer diagnosis and deteriorating health call for an expedient trial. As the trial looms, legal experts spoke with The Crimson about […]

NEW YORK (March 3, 2021) – Mukasey Frenchman LLP, the boutique law firm led by renowned trial lawyer Marc L. Mukasey, reports several key milestones as the firm marks its second anniversary. That includes preparing three high-profile criminal cases set for trial. Launched in March 2019 with four lawyers, the firm now has eight attorneys […]

Investors who sued online brokerages over claims they were unfairly blocked from trading shares of high-flying stocks like GameStop Corp. may have a long wait before their cases are resolved. So far, at least 18 lawsuits have been filed against Robinhood Markets in California, Connecticut, Florida, Illinois, New Jersey, Oregon, Pennsylvania and Texas, mostly alleging restrictions by the trading […]

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) is looking at every aspect of and parties involved in the “Reddit rally” of GameStop Corp and other stocks, said two people familiar with the matter, suggesting a swath of industry participants may be swept up in the regulator’s review of the trading frenzy. The […]

Feb. 01, 2021 – Attorney Bob Frenchman, who specializes in finance and securities, argues the SEC has not stepped in because it is ‘not at all clear’ anything illegal has happened. Click Here for Interview

By Xiumei Dong  Law360 (August 19, 2020, 3:14 PM EDT) — Marc Mukasey, a former co-chair of Greenberg Traurig LLP’s white-collar defense and investigations practice, and two other former firm shareholders launched their boutique law firm, Mukasey Frenchman & Sklaroff LLP, in spring 2019.  Here, Mukasey chats with Law360 about the reasoning behind founding the […]

In a war-crimes trial that roiled the elite Navy SEALs and drew the attention of President Trump, a decorated eight-tour SEAL platoon leader was found not guilty on Tuesday of first-degree murder of a captive ISIS fighter and attempted murder of civilians in Iraq. But the platoon leader, Special Operations Chief Edward Gallagher, was convicted […]