Matthew Sellers

Matthew Sellers
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New Jersey court says restitution and disgorgement can both be used in securities fraud cases 
NEWS REGULATION AND LEGISLATION MAY 16, 2025
New Jersey court says restitution and disgorgement can both be used in securities fraud cases 

A New Jersey appellate court reinstates regulators' ability to seek both restitution and disgorgement in a securities fraud case involving unregistered investments and diverted investor funds. 

UBS loses Ocean Capital lawsuit 
NEWS REGULATION AND LEGISLATION MAY 16, 2025
UBS loses Ocean Capital lawsuit 

A federal appeals court has sided with activist investors in a closely watched proxy battle involving nine Puerto Rico municipal bond funds.

Fidelity National's $250 million investment in F&G Annuities survives Delaware shareholder lawsuit 
NEWS REGULATION AND LEGISLATION MAY 16, 2025
Fidelity National's $250 million investment in F&G Annuities survives Delaware shareholder lawsuit 

Judge rejects shareholder lawsuit targeting Fidelity's preferred stock deal.

President Trump looking at raising top tax rate in 'political death wish'
NEWS INDUSTRY NEWS MAY 09, 2025
President Trump looking at raising top tax rate in 'political death wish'

New proposal could mean some would pay a total of more than half of what they earn.

U.S. adds 177,000 jobs in April, defying economic headwinds and federal cutbacks
NEWS INDUSTRY NEWS MAY 02, 2025
U.S. adds 177,000 jobs in April, defying economic headwinds and federal cutbacks

Treasury yields rise as employment figures ignore market mayhem.

World's largest wealth fund takes $40 billion hit amid tech sector turbulence
NEWS INDUSTRY NEWS APR 24, 2025
World's largest wealth fund takes $40 billion hit amid tech sector turbulence

$1.7 trillion fund takes big hit.

Ameriprise posts robust Q1 growth as wealth division lifts results
NEWS BROKER DEALERS APR 24, 2025
Ameriprise posts robust Q1 growth as wealth division lifts results

Wealth arm thrives despite market headwinds.

Federal Government to start debt collection on up to 5.3 million borrowers
NEWS INDUSTRY NEWS APR 21, 2025
Federal Government to start debt collection on up to 5.3 million borrowers

Defaulting loans to be recovered via Social Security, tax refunds and wage garnishment.

"Extreme outcomes… are no longer unthinkable" – Capital Economics
NEWS INDUSTRY NEWS APR 16, 2025
"Extreme outcomes… are no longer unthinkable" – Capital Economics

As dollar tanks, alarm bells ring amid comparison to UK meltdown in 2022 – and that’s not exactly a ringing endorsement.

Indiana court overturns $3M CBIZ award in Zotec M&A legal clash
NEWS REGULATION AND LEGISLATION APR 15, 2025
Indiana court overturns $3M CBIZ award in Zotec M&A legal clash

A $3.1 million attorney fee award in CBIZ’s favor was reversed after an Indiana appellate court ruled Zotec had not breached its acquisition contract merely by bringing claims.