Susan M. Greenwood | Bloomberg LawSEC v. Landberg, No. 11-CV-00404 (S.D.N.Y. Oct. 26, 2011) The U.S. District Court for the Southern District of New York denied a motion to dismiss by Steven Gould, the CFO of West End Financial Advisors LLC, West End Capital Management LLC, and Sentinal Investment Management Corporation (collectively, West End). The Securities and Exchange Commission (SEC) alleges violations of Section 17(a) of the Securities Act of 1933 (Securities Act), Section 10(b) of the Exchange Act of 1934 (Exchange Act), Rule 10b-5 under the Exchange Act, Sections 206(1), 206(2), and 206(4) of the Investment Advisers Act of 1940 (Advisers Act), and Rule 206(4)-8 under the Advisers Act against Gould, West End and other West End executives, including CEO William Landberg.
Private Fund Fraud
Does Janus Apply to the SEC?
Detailed Facts Raise Inference of Scienter
Dodd-Frank Comports with Second Circuit Aiding and Abetting Law
Injunctive Relief under the Federal Securities Laws
To view additional stories from Bloomberg Law® request a demo now