Dark Pool Class Action Securities Suit Filed Against Barclays

By | The D&O Diary | July 30, 2014
Dark Pool Class Action Securities Suit Filed Against Barclays

On July 28, 2014, in the latest securities suit to be filed in the wake of high-profile concerns about ‘high frequency trading,” a plaintiff shareholder filed a securities class action lawsuit in the Southern District of New York against Barclays and certain of its officers relating to the company’s operation of and alleged statements about its “dark pool” private securities trading venue.

How Two Courts of Appeals Applied the Same Law to Reach Opposite Conclusions About the Affordable Care Act

By | Florida Appellate Review | July 30, 2014
Credit: Flickr user 401(K) 2013

Last week, two federal courts of appeals–the 4th Circuit and D.C. Circuit–considered whether the IRS reasonably interpreted the Affordable Care Act as allowing the IRS to give tax credits to taxpayers that purchase health insurance through an exchange set up by the federal government.