Search Results for: law firms
27 Firms and Individuals Charged With Fraudulent Promotion of Stocks
April 11th, 2017
SEC: Payments for Bullish Articles on Stocks Must Be Disclosed to Investors The Securities and Exchange Commission today announced enforcement actions against 27 individuals and entities behind various alleged stock promotion schemes that left investors with the impression they ...
Law firm rates rising at fastest pace since 2008 recession
April 10th, 2017
Overall law firm rates are on the up with average year-over-year lawyer rate increases reaching their highest levels since 2008. Larger firms are maintaining pricing power as rates rise. Among over 350 factors tested in a new report, law firm ...
Accounting class action lawsuits rise to highest level since 2008
April 6th, 2017
Securities class action filings with accounting allegations rose to 93 in 2016, 33 percent above the previous year and the fourth consecutive annual increase, according to a new report from Cornerstone Research. As reported in Accounting Class Action Filings ...
Nordic law firm to use artificial intelligence technology to improve efficiency
April 3rd, 2017
Roschier has started deploying pioneering artificial intelligence technology, Luminance, to improve the efficiency of its due diligence process, initially for M&A transactions. Luminance uses machine learning and advanced mathematical techniques to speed up contract review processes without sacrificing accuracy. ...
UK law firm to launch an AI robot to replace underperforming law firm partners
April 3rd, 2017
UK law firm Aaron & Partners LLP today announces the launch of AaronBot – an innovative artificial intelligence (AI) robot designed to replace underperforming law firm partners. Following on from the success of its ‘Expel Your Partner’ app – ...
CySec suspends the license of Cyprus Investment Firms providing Forex and Binary Options trading
April 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued four announcements to inform investors and public on its decision dated 13/03/2017 to suspend the license of four Cyprus Investment Firms (CIFs). According the announcements, CySec has suspended the authorization ...
Gaming Firms Flee Poland’s Gambling Tax
March 28th, 2017
UK-based bookmaker William Hill has become the latest company in the gambling sector to withdraw from the Polish market ahead of the introduction of a new regulatory and tax regime for the industry. William Hill has reportedly informed customers ...
International law firm is opening a new tech innovation space
March 28th, 2017
Allen & Overy is opening Fuse, a new tech innovation space where tech companies, Allen & Overy lawyers, technologists and their clients will collaborate to explore, develop and test legal, regulatory and deal-related solutions. The legal market is embracing ...
ASIC cancels the AFS license of Financial Services firms
March 25th, 2017
ASIC has cancelled the Australian financial services (AFS) licences of Rebate Financial Services Pty Ltd and Capstone Capital Pty Ltd for failing to comply with a number of their key obligations as financial services licensees. In particular, ASIC has ...
Robots are lawyers’ friends not threat
March 22nd, 2017
Lawyers need not fear being replaced by robots but instead breathe a sign of relief that their human skills will remain a necessity and AI will be their friend and potentially help improve working conditions. With more than 280 ...
