Pursuant to a Consent Order, led Look Back Review team for a major credit card company (regulated by the FDIC), covering over 1 billion transactions and 28 million customers. Conducted a review of all accounts and transaction activity over a two year period to determine whether suspicious activity involving any accounts or transactions was properly identified and reported in accordance with the applicable suspicious activity reporting requirements.
Section 11 damages computation for direct listings
In September 2021, the Ninth Circuit ruled in Pirani v. Slack Technologies, Inc.[1] (Slack) that Section 11 liability applies to direct listing shares. This...