Shepherd, Finkelman, Miller & Shah, LLP
Shepherd, Finkelman, Miller & Shah, LLP
866-540-5505 877-891-9880

Dedicated Client Advocacy

June 2014 Archives

Chairman of SEC Identifies Three Key Pressure Points in the SEC's Current Enforcement Efforts, Including Rarely Invoked Section 20(b) of the Securities Exchange Act

In a presentation at the NYC Bar Association's Third Annual White Collar Crime Institute on May 19, 2014, SEC Chair Mary Jo White identified three areas of focus for the SEC in its current enforcement regime, including use of Section 20(b) to hold individuals primarily responsible for alleged misconduct. Specifically, Chairperson White stated as follows:

Court Grants Preliminary Approval to Settlement in ING ERISA Litigation

On June 3, 2014, the Honorable William G. Young granted preliminary approval of the nationwide settlement reached in Healthcare Strategies, Inc. et al. v. ING Life Insurance & Annuity Co., No. 3:11-cv-00282 (WGY)(D.Conn.). SFMS is lead counsel in this nationwide class action on behalf of 401(k) sponsors that utilize ING as a service provider for their retirement plan.