Lauren R. Bittman

Solicitor General Submits Brief in Favor of Denying Supreme Court Review of Foreign-Cubed Securities Transaction Case
Stewart D. Aaron, Lauren R. Bittman, November 5, 2009
On October 27, 2009, the US Solicitor General filed a brief on behalf of the United States, as amicus curiae, in the transnational securities fraud case of Morrison v. National Australia Bank. In Morrison, which has been the subject of previous advisories by Arnold & Porter LLP, involved a...

The Eleventh Circuit Finds Subject Matter Jurisdiction in "Foreign-Cubed" Securities Law Suit
Stewart D. Aaron, Lauren R. Bittman, September 21, 2009
In In Re: CP Ships Ltd. Securities Litigation, the US Court of Appeals for the Eleventh Circuit issued a decision addressing the issue of the extraterritorial reach of the US securities laws. The Eleventh Circuit found that the US district court properly exercised subject matter jurisdiction over...

SEC Announces Additional Steps to Prevent Abusive Short Sales and Increase Market Transparency
David F. Freeman, D. Grant Vingoe, Laura Badian, Barri Lynn Bogner, Lauren R. Bittman, August 8, 2009
On July 27, 2009, the US Securities and Exchange Commission (SEC) announced several initiatives aimed at preventing abusive short selling practices and allowing more short sale trading information to be accessible to the public. As part of these initiatives, the SEC finalized amendments to...