Among the first things we learn as defense attorneys is to keep informed and alert about events that may spawn or affect actions taken by prosecutors. We discuss herein an event, somewhat understated in this country, which, in our view, could lead to a host of criminal cases, both state and federal. This article sets forth an example of how one stays sensitive to what may be happening in the closed venues of prosecutors’ offices. The full article can be viewed here.
SALTED HASH- TOP SECURITY NEWS By Steve Ragan A lawsuit filed on Friday by Tillage Commodities Fund alleges that SS&C Technology showed an egregious lack of diligence and care, when they fell for an email scam that ultimately led to hackers in China looting $5.9 million. Tillage says that SS&C didn’t follow their own policies, which enabled the theft, but they actually assisted the criminals by fixing transfer orders that had initially failed. The lawsuit was filed early Friday morning, and the documents were posted online by the law firm representing Tillage in the case. “That SS&C is outside the […]
Arkin Solbakken LLP represents a founder of a motorcycle company in connection with a lawsuit against one of its co-founders claiming the right to buy back his stock pursuant to a purported stock repurchase agreement. Lisa C. Solbakken commented on the lawsuit to media outlets across the country, announcing that Arkin Solbakken LLP’s client “has rejected the company’s claim and plans to countersue.” Solbakken further advised that the purported stock agreement is “the product of a fraudulent scheme to dilute [Arkin Solbakken’s] client’s interest in the company.” The following is a selection of articles with quotes from Solbakken, with links […]
On October 10, 2013, Stanley S. Arkin commented in The Wall Street Journal in connection with Arkin Solbakken LLP’s representation of a client who is closing a broker-dealer unit at her firm and starting a hedge fund. The full article can be viewed here.
On July 31, 2013, Stanley S. Arkin was interviewed about the legal implications raised by Edward Snowden’s conduct. In particular, Arkin discussed the legal issues implicated when one country gives asylum to someone who is a defendant in the United States in a criminal case. The full interview can be viewed here.
On July 19, 2013, Stanley S. Arkin commented in the New York Daily News about the Securities and Exchange Commission’s charges against hedge fund manager Steven A. Cohen. The article states, “‘Considering the intense focus on Cohen and the extraordinary amount of government resources directed at him, that he is named in a civil, not criminal action, suggests to me that the case against him is weak and lacking,’ Stanley Arkin, founding partner at New York law firm Arkin Solbakken, told the News.” The full article can be viewed here.