News
Dailey LLP Attorneys Recognized in The Best Lawyers in America® and Best Lawyers: Ones to Watch® in America (2027 Edition)
Dailey LLP is proud to announce that seven of its attorneys have been recognized in the 2027 Edition of The Best Lawyers in America® and Best Lawyers: Ones to Watch® in America. These honors are based on peer-review evaluations and reflect the firm's continuing...
Jeff Dailey Recognized by Chambers & Partners for Accountant and Auditor Liability
Dailey LLP is pleased to announce that Jeffery A. Dailey has been recognized by Chambers & Partners in its USA Guide for Accountant and Auditor Liability – Nationwide.This distinction highlights leading practitioners who advise and represent accounting firms and...
High Court Closes Door on SEC Disgorgement Controversy: Or Does It?
The Supreme Court's decision in Sripetch v. SEC earlier this month is one of the most important securities enforcement rulings since Liu v. SEC, because it preserves a central SEC remedy – disgorgement -- while simultaneously signaling future constitutional challenges...
Is SEC’s $40 Million Settlement with ADM a Harbinger or Screen Blip?
Late last month, the giant agribusiness Archer-Daniels-Midland agreed to pay a $40 million penalty to settle SEC fraud charges based on accounting irregularities at the company. The agreement is the culmination of a years-long controversy that forced the company to...
Second Circuit Clarifies Scope of Insider Trading Liability
Any time the Second Circuit issues a reasoned opinion on insider trading, the opinion bears notice. Last month the Second Circuit clarified the scope of insider trading liability in the context of information only derivatively related to a public company. In so...
Ninth Circuit Decision on SEC Settlements Raises Serious Concerns
Since 1972, the SEC has adhered to a strict policy – enshrined in 17 C.F.R. § 202.5(e) – which prohibits a defendant from publicly denying the charges against him in the context of a standard SEC no-admit/no-deny settlement. In a recent opinion, the Ninth Circuit...
Dailey LLP Attorneys Bonner and Parks Rainville Share Their Thoughts on the Recent Surge in AI-Washing Securities Litigation
In the emerging AI industry, companies are quick to tout their AI capabilities to gain a competitive edge. The SEC and class action plaintiffs understand this and are increasingly asserting claims of “AI-washing” against companies that overstate their capabilities. In...
Dailey LLP Attorneys Recognized in The Best Lawyers in America® and Best Lawyers: Ones to Watch® in America
Dailey LLP is pleased to announce that several of our attorneys have been recognized in the 32ⁿᵈ edition of The Best Lawyers in America® and the 6th edition of Best Lawyers: Ones to Watch® in America. These recognitions reflect the firm’s depth of talent and...
Dailey LLP Launches Cyber and Emerging Technologies Litigation Practice
Dailey LLP is pleased to announce the formation of its Cyber and Emerging Technologies Litigation Practice. While the firm has handled matters in this space for years, it has not promoted it as a niche practice area in the past. Going forward, Dailey LLP will build...
Julie A. Busta Joins Dailey LLP’s Philadelphia Office
Dailey LLP is pleased to announce that Julie A. Busta has joined the firm. Julie brings significant experience representing clients in complex commercial litigation, class action defense, internal investigations, and government investigations. Prior to joining Dailey...