Both during and prior to the credit crisis events of 2008, a variety of regulatory and civil litigation matters emerged related to allegations of market manipulation in the auction rate securities (ARS) auction processes. CRA experts have supported counsel for a major underwriter of ARS during regulatory investigations of alleged market manipulation prior to 2006. We have also supported counsel for an issuer of ARS under regulatory investigation for alleged improper submission of bids in the auctions for its own issued ARS (during disruption of ARS market in early 2008).
Looking under the hood: UK economic outlook and implications
2021 was expected to be a year of recovery and growth – both globally and in the UK. However, as we are now in a race between a more infectious virus strain...