Business Trial Group attorney Roger C. Brown is representing Martinique At The Oasis Neighborhood Association, Inc. in a lawsuit filed against Lennar Homes, alleging shoddy construction work in the stucco exterior of the property. “For most people, their home is the biggest investment they make in their lives,” Brown told The Real Deal. “We will [...]

The SEC recently announced a $114 million whistleblower award to a person who provided information that resulted in a successful enforcement action. The $114 million award is a record for the whistleblower program by a long shot – it is more than double the next highest award of $50 million made in June 2020. SEC [...]

Morgan & Morgan’s Business Trial Group and its securities attorneys are investigating an alleged accounting fraud involving Houston-based seismic data company, SAExploration Holdings Inc. (SAE). The SEC recently charged SAE and several former executives with perpetrating an accounting fraud that inflated SAE’s revenue by about $100 million. The SEC also alleges that the executives stole [...]

JPMorgan Chase & Co. was recently charged for manipulative and deceptive conduct that involved fraudulent spoofing trades in futures markets for U.S. Treasuries and precious metals. To settle these charges, JPMorgan agreed to pay over $920 million in criminal penalties, restitution, and disgorgement. The firm also agreed to the payment under a three-year deferred prosecution [...]