President Focuses On "Cleaning Up" Federal Contracting
Client Alert | less than 1 min read | 03.04.09
Today, with Senators McCain, Levin, and McCaskill by his side, President Obama announced a major presidential contracting reform initiative to "turn the page on an era of irresponsibility in which taxpayer dollars were used to line contractors' pockets or maintain projects that do not work." President Obama signed a Presidential memorandum requesting new legislation and executive branch guidance to strengthen oversight and management of taxpayer dollars, end unnecessary no-bid and cost-plus contracts, maximize the use of competitive procurement processes, and clarify rules prescribing when outsourcing is and is not appropriate.
Insights
Client Alert | 6 min read | 06.09.26
Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement
On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing.
Client Alert | 2 min read | 06.09.26
Client Alert | 7 min read | 06.09.26
Client Alert | 11 min read | 06.08.26
