In the News Today – May 13, 2015
The SEC’s former enforcement chief criticized the agency’s increasing use of in-house tribunals to adjudicate cases, saying the SEC Commissioners’ dual role as prosecutor and appellate body created a clear conflict of interest. (Wall Street Journal)
Despite public criticism, Louisiana Attorney General Buddy Caldwell continues to hire outside plaintiffs’ lawyers to argue cases brought by the state. He recently hired nine different law firms to represent the state in a case against drugmaker AstraZeneca. (Legal Newsline)
